The auctioneers estimated that a single emerald, diamond and rock crystal necklace will on its own draw bids up to 100,000 pounds.
"The tale of Anita Delgado (1890-1962), the fifth wife of Maharaja Jagatjit Singh of Kapurthala could have been written by the best of storytellers; however it is fact, not fiction," the auction house said in a statement.
Born in Malaga, Spain, in 1890 to a modest family, she was spotted by the Maharaja in the crowd of onlookers as visiting dignitaries and noblemen gathered in Madrid for the marriage of king Alfonso XIII in 1906.
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After attending Delgado's dance performances at the Madrid cafe where she worked, the Maharaja several times requested the company of her and her family before they finally acquiesced. The pair were married in 1907.