It was first mined in Brazil before finding its way to India in the 19th century.
Found in the Bagagem mine in Brazil in 1857, this famous Diamond weighed in at 119.5ct before it was cut into a brilliant cut 76.5ct gem (because the current value of 1ct equating to 1/5th of a gram was only introduced in 1907, the weight of 76.5ct would have been slightly different than today’s measurement).
It was named after E.H. Dresden, a London Merchant who purchased the gem in Brazil and then sold it to an English trader in Bombay (now Mumbai). His estate later sold it to Mulhar Rao, the Gaekwar of Baroda. The Gaekwar dynasty ruled the state of Baroda in Western India from the mid-18th century until 1947.
There is also the Green Dresden Diamond. It is pear cut and weighs a huge 41 carats. The gem was purchased by Fredrick Augustus in 1743 and has since been kept at the Dresden Palace in Germany.
It is said to have been mined in India and most sources seem to say it was cut by lapidarists in London. A few years back the GIA examined the Green Dresden Diamond and reported it was VSi in clarity. They stated if it was to be recut, although it would lose a few carats in weight, it would most likely then be graded as I.F. (internally flawless).