Fifth largest diamond in history sells for $40 million

The 910-carat Lesotho Legend was offered for $40 million in a young in Antwerp, Gem Diamonds Ltd. said Tuesday. The corporate found the stone, which is in regards to the measurement of two golfing balls, at its Letseng mine within the African nation this 12 months.


While it’s probably the most Gem has yet won for a diamond, different corporations have offered for more. Lucara Diamond Corp. got a report $63 million for an 813-carat stone remaining 12 months and $53 million for the 1,109-carat diamond it found at the same time, which was the second-biggest in historical past.


The Letseng mine is famous for the scale and quality of the diamonds it produces and has the highest moderate selling worth on the planet. Gem offered a 357-carat stone for $19.3 million in 2015 and in 2006 found the 603-carat Lesotho Promise.


So far this 12 months, the company has found six diamonds bigger than 100 carats, hanging it on course for its best 12 months yet.
Fifth largest diamond in history sells for $40 million Fifth largest diamond in history sells for $40 million Reviewed by kailash soni on March 14, 2018 Rating: 5
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