18th Century Rare Diamond Necklace Auction...Sold for 6.77 billion won.

A 300-carat rare 18th-century diamond necklace was auctioned for $4.81 million and 6.77 billion won in our money.

Sotheby's, an auction house, said a rare necklace believed to have been linked to the so-called "necklace incident," an 18th-century fraud surrounding French queen Marie Antoinette, was sold at a higher-than-expected price at an auction in Geneva on the 13th local time.

Sold by a private Asian collector, the Georgian-era work is a very rare design necklace with three rows of diamonds and two alcohol decorations at the ends.

The 300-carat diamond necklace with 500 diamonds can be wrapped like a scarf and can be worn tied or unwound at the front.

One of the previous owners was the Earl of Anglesey of England, whose family wore it at Queen Elizabeth II's coronation, Sotheby's said.