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Piece, originally from Mozambique, will go on offer without reserve at the online sale.
Deal aims to bring international traders back to country’s bourse.
Piece, featuring a 16-carat diamond, just beats high estimate to fetch $458,900.
24-carat stone has stayed in the same noble family since its 1950s acquisition in India.
Piece fetches $235,500 at High Jewelry & Important Watches sale in Hong Kong.
Wilsons Auctions will feature timepieces the UK’s Revenue and Customs department recovered.
David Morris ring with the 14.63-carat stone is expected to bring in up to $2.5 million.
Execs Joan Hilson and Pam Cloud discuss the jewelry group’s latest deals and strategies.

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