A 300-carat necklace, whose diamonds have been linked to a scandal involving the last French queen Marie Antoinette, sold Wednesday for nearly $5 million at a Sotheby's auction in Geneva.

A necklace with jewels linked to the most famous scandal of Marie Antoinette's tragic reign surpassed its estimate to sell for $4.8 million.

Tobias Kormind, managing director of Europe’s largest online diamond jeweller 77 Diamonds, shared his thoughts on the jewellery's historic allure: "A scandalous link to Marie Antoinette and the dramatic end of the French monarchy, this historic necklace, which is unusually intact for a Georgian jewel, has it all."

How the Affair of the Diamond Necklace changed history—and why 18th-century jewelry remains an eternal holy grail.

The piece was at the centre of a scandal in the 1780s known as the 'Diamond Necklace Affair' in which a hard-up noblewoman named Jeanne de la Motte pretended to be the French queen and acquired the necklace in her name without payment.

A diamond-studded necklace thought to be linked to a scandal that hastened the downfall of the doomed 18th century queen of France, Marie Antoinette, sold at auction in Geneva on Wednesday for 4.26 million Swiss francs ($4.

The necklace containing around 300 carats of diamonds was bought by an unidentified woman who put in her bid over the phone, Sotheby's said.