Largest Diamond Up for Sale

Largest Diamond Up for Sale

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Sotheby’s auctioneer in London says that a diamond the size of a tennis ball may fetch up to $70 million (R1.04 billion) when it goes up for auction in June.

The company said it will auction the 1,109 – carat “Lesedi la Rona” diamond – the largest gem-quality rough diamond to be discovered in over a century, in a stand-alone sale
in London on 29 June 2016.

“Estimated to achieve in excess of $70 million, the Lesedi la Rona (‘Our Light’ in the Tswana language spoken in Botswana) was uncovered by Lucara Diamond Corp in November 2015, at the Karowe mine in Botswana.