Lost Treasure: The Graff Jewels and the Marlborough Diamond

The Original Graff Diamond Caper Was an Audacious Grab for the Chicago Mob

Michael East
The Mystery Box

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It has all the makings of a hardboiled classic. With Chicago mobsters and a significant heist, you could be forgiven for thinking the tale of the Marlborough diamond affair is one of Dashiell Hammett’s Sam Spade novels. The theft of the diamond, worth £400,000 (£1.5 million in today’s money) was, however, all too real, with the loot vanishing into the depths of the mafia underworld.

Graff diamonds boutique in Sloane Street as it is today | Google Street View, screenshot

It was on the morning of September 11, 1980, at the Graff jewellery shop in London’s exclusive Knightsbridge that a security guard let a well-dressed man into the premises, no doubt believing that another customer was about to make a purchase. Some say he was dressed in a fedora, others as an Arab sheikh. Perhaps he had been attracted by the display of the impressive 45-carat Marlborough diamond that adorned Graff’s window. Once inside, however, the man immediately pulled a gun and ordered staff and customers onto the ground, letting in an accomplice armed with a hand grenade.

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Michael East
The Mystery Box

Freelance writer. Writing on true crime, mysteries, politics, history, popular culture, and more. | https://linktr.ee/MichaelEast