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Thursday, May 5, 2016

World's Biggest Diamond "Lesedi la Rona," to be Auctioned in London on June 29,2016

"Lesedi la Rona," the largest gem-quality rough diamond discovered in more than 100 years, will be auctioned in London next month and is expected to sell for $70 million, international auction house Sotheby's said on Wednesday May 04,2016



Ahead of the auction on June 29,2016 the 1,190-carat diamond, its name in Botswana's Tswana language translates as "Our Light," was on display at Sotheby's New York headquarters



Unearthed in Botswana in November 2015 by Canadian mining company Lucara Diamond Corp., the gigantic gem is about the size of a tennis ball and is believed to be between 2.5 billion to more than three billion years old.


The Lesedi La Rona's color and transparency are typical of a rare and coveted subgroup called Type IIa diamonds, according to a study by the Gemological Institute of America

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