LONDON: seems the biggest diamond discovered in over a century might not be price all that a lot of.
The lawn tennis ball-sized Lesedi la Rona did not find a customer Tues, a disappointing result for a stone that had represented as “the notice of a lifetime” by David Floyd Bennett, chairman of Sotheby’s jewellery division.
The diamond was unearthed in November in botswana at a mine owned by Canada’s Lucara Diamond Corporation. It measured one,109 carats, the second-largest gem-quality rough diamond ever discovered. Its name means “our light” within the Tswana language.
A voice same bidding reached $61 million eight below the over $70 million Sotheby’s had hoped for.
No rough diamond of this size had ever been auctioned, and after Wednesday’s sale it’s unclear if one can for a minute.