The 15th largest rough diamond on record sold for $12.36 million to South African sightholder Safdico, which is a partner of Graff, the London jewelry company known for exceptionally large diamonds.
The 603-carat rough diamond was mined on August 22 at Lesotho’s Letseng mine, which is owned 30% by the Lesotho government and 70% by Gem Diamond Mining. The white stone was judged to be in the colorless range and high clarity so will make a breathtaking finished diamond. Once cut and polished into a large stone (probably over 60 carats) and other smaller stones, the resulting diamonds are expected to retail for over $20 million.
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