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Fifth Largest Gem Diamond Sold for $40 Million

September 18, 2018 07:00
Fifth Largest Gem Diamond Sold for $40 Million

A 910-carat diamond from southern Africa was recently sold to an undisclosed buyer in Antwerp, Belgium, for $40 million. 

The gem is a D color, Type 11A, which is the highest color and quality rating possible. It’s also the fifth largest gem-quality diamond that’s ever been discovered, according to Diamond District Monthly.

Experts estimate that it could produce 10 to 30 high-quality, smaller diamonds of varying sizes.

The diamond has been nicknamed the “Lesotho Legend” after its country of origin.

Many large diamonds have been found there, including the “Lesotho Promise,” which was 603 carats and sold for $12.4 million. 

It was cut down to 26 smaller diamonds, each one as flawless as the next.

 

Source:



Diamond District Monthly, May 2018
USA Today

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