Tuesday 21 November 2017

Tennis ball-sized diamond 'could fetch €63m'

A Sotherby's employee holds Lesedi La Rona Diamond on May. (Donald Bowers/Getty Images for Sotheby's, via AP)
A Sotherby's employee holds Lesedi La Rona Diamond on May. (Donald Bowers/Getty Images for Sotheby's, via AP)
It is the world’s second largest gem quality diamond ever found

A diamond the size of a tennis ball which is the largest discovered in more than a century could sell for as much as £50 million (€63.02m), according to Sotheby's.

The auctioneers will offer the Lesedi la Rona diamond for sale in London on June 29.

The gemstone was unearthed in November in Botswana at a mine owned by Canada's Lucara Diamond Corporation.

It measured 1,109 carats, making it the second-largest gem-quality rough diamond ever discovered.

Its name means "our light" in the Tswana language.

The auctioneer said the rough gemstone could yield the largest top-quality diamond ever cut and polished.

The largest diamond ever found was the 3,106-carat Cullinan diamond, unearthed in South Africa in 1905. It was cut into nine pieces that form part of the UK Crown Jewels.

Press Association

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