GNU Collaborative International Dictionary of English

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Found one definition

1.       
   Peacock Throne. A famous throne formerly of the kings of Delhi, India, but since 1739, when it was carried off by Nadir Shah, held by the shahs of Persia (now Iran); -- so called from its bearing a fully expanded peacock's tail done in gems.
   
   [Webster 1913 Suppl.]
   
   
   2. [metonymically named after the throne on which he sat.] The office or position of the Shah of Iran; as, “to ascend the Peacock Throne”.
   
   [PJC]