Auction-sale of diamonds recovered from shallow mines of Panna district will be undertaken from July 25, 2011. The diamonds will be sold through collector, Panna at the office of the Diamond Officer, Mahendra Bhavan. The auction sale will begin from July 25 and will continue daily, except government holidays, till all the diamonds are auctioned. The bids for auction will be made daily from 9 to 11 am after inspection of diamonds. The total weight of the 110 diamonds of gem, off-colour and industrial quality is 99.72 carats and their estimated price is Rs. 10,72,428. According to Director, Geology and Exploration, Shri R.K. Sharma, a number of other big and small diamonds will also be put up for sale in the auction, whose weight ranges from some cents to carats.The diamonds to the put for sale in the auction include gems weighing 04.26, 02.04, 01.69, 01.68 and 01.54 carats, off-colour diamonds weighing 01.84, 01.53, 01.06, 01.02 and 01.30 carats and industrial diamonds weighing 07.71, 01.68, 01.49, 01.31 and 01.01 carats. Detailed information about auction-sale of diamonds can be obtained from office of the Diamond Officer, Panna.
A bidder will have to deposit earnest money worth Rs. five thousand before the auction. Soon after the decision in favour of the highest bidder, he will have to deposit 20 percent amount of the bid at the Diamond Office, Panna. The diamond can be taken into possession by paying the rest of the amount of auction within 30 days. In case the rest of the amount is not deposited within the stipulated time, then 20 percent of auction value and Rs. five thousand deposit money will be confiscated in favour of the government.
How to reach Panna
Via West-Central Railway, Panna is 72 kilometres from Satna and 124 kilometres from Harpalpur and is 72 kilometres away from Chhatarpur. Regular service of good quality buses is available from all these cities to Panna. Panna is 48 kilometres from Khajuraho, which is connected with daily air service.