Largest Diamond Found Since 1905 Sells for $53 Million USD

Also known as The Lesedi La Rona.

Fashion
13.6K 0 Comments
Save

The largest diamond found since 1905 came from a mine in Botswana in November of 2015. Now almost two years later, that same diamond — also called the Lesedi La Rona meaning “Our Light” — has just sold for $53 million USD. According to CNBC, “It is the third biggest diamond ever found, and the second largest of gem quality.”

Another way to look at it is that the rock is also priced at $47,777 USD per carat and was sold to New York’s Graff Diamonds. Diamond miner Lucara and its CEO William Lamb had this to say about the find: “The discovery of the Lesedi La Rona was a company-defining event for Lucara. It solidified the amazing potential and rareness of the diamonds recovered at the Karowe mine.”

As for Graff Diamonds, its founder Laurence Graff expressed that the “The stone will tell us its story, it will dictate how it wants to be cut, and we will take the utmost care to respect its exceptional properties,” stated in a press release. “I am privileged to be given the opportunity to honor the magnificent natural beauty of the Lesedi La Rona.”

Read Full Article
Text By
Source
Cnbc
Share this article
Felson Sajonas
Felson Sajonas Managing Editor, Branded Content

Felson Sajonas is the Managing Editor of Branded Content at Hypebeast, overseeing high-impact campaigns and features that bridge editorial integrity with commercial strategy, connecting fashion and culture for a global audience. He plays a key role in shaping the platform’s voice through culturally driven storytelling and has led campaigns for brands including Nike, adidas, Oakley, Timberland, LEGO and more, spanning long-form features, interviews and social-first launches.

What to Read Next

Gus the T-Rex Sells for Record $50.1 Million USD at Sotheby's
Art

Gus the T-Rex Sells for Record $50.1 Million USD at Sotheby's

Making it the most expensive dinosaur fossil ever auctioned.

Jalen Brunson's Game-Worn NBA Finals Jersey Sells for Record-Breaking $1 Million USD at Sotheby's
Sports

Jalen Brunson's Game-Worn NBA Finals Jersey Sells for Record-Breaking $1 Million USD at Sotheby's

The historic New York Knicks “Association Edition” home uniform worn during the guard’s Finals debut sets a new franchise memorabilia record.

The 1986 World Cup Ball From Maradona's Hand of God Goal Sells for Over $3 Million USD at Auction
Sports

The 1986 World Cup Ball From Maradona's Hand of God Goal Sells for Over $3 Million USD at Auction

The adidas Azteca was held by Tunisian referee Ali Bin Nasser for over three decades after the match.
1 Sources


A One-of-One Gold Star Rayquaza Becomes the First English Pokémon Card to Sell for $1 Million USD
Gaming

A One-of-One Gold Star Rayquaza Becomes the First English Pokémon Card to Sell for $1 Million USD

The sole CGC Pristine 10 copy pulled $1,020,000 USD, edging past the Charizard record that had stood since February.

Leonardo DiCaprio to Star as Teddy Roosevelt in Martin Scorsese Biopic
Entertainment

Leonardo DiCaprio to Star as Teddy Roosevelt in Martin Scorsese Biopic

The longtime collaborators are back at it.

The Shoe Surgeon Puts His Spin on the New Balance 574 Sport
Footwear

The Shoe Surgeon Puts His Spin on the New Balance 574 Sport

“Exotic materials indicate instant quality.”

Vans & Thibaut Grevet Present 'CAPITALE'
Sports

Vans & Thibaut Grevet Present 'CAPITALE'

A day in Paris with Joseph Biais and Val Bauer.

The ASICS GEL-Lyte MT Returns in "Cream"
Footwear

The ASICS GEL-Lyte MT Returns in "Cream"

The mid-top design gets one of its cleanest look yet.

Watch the Porsche 911 GT2 RS Shatter the Nürburgring Lap Record for Street-Legal Cars
Automotive

Watch the Porsche 911 GT2 RS Shatter the Nürburgring Lap Record for Street-Legal Cars

A record once set by the Lamborghini Huracán Performante.

Stormzy Presents the Story of His Life in 'Gang Signs & Prayer' Short Film
Music

Stormzy Presents the Story of His Life in 'Gang Signs & Prayer' Short Film

The visual companion to his recent LP.


Nike's Air Vapormax "College Navy" Is Coming to More Retailers
Footwear

Nike's Air Vapormax "College Navy" Is Coming to More Retailers

Nike’s Vapormax feels the blues.

From the Bronx to the Billboard Charts: Cardi B Shares Her Guide to The Glow Up
Entertainment

From the Bronx to the Billboard Charts: Cardi B Shares Her Guide to The Glow Up

Watch and learn from the outspoken MC.

'Game of Thrones' Stars Kit Harrington & Rose Leslie Are Engaged
Entertainment

'Game of Thrones' Stars Kit Harrington & Rose Leslie Are Engaged

He bent the knee.

Supreme Drops a Trippy Video for Its Cordless Clippers
Fashion

Supreme Drops a Trippy Video for Its Cordless Clippers

Courtesy of artist Oliver Payne.

Adult Swim Ends Its Relationship With MF DOOM
Music

Adult Swim Ends Its Relationship With MF DOOM

“The remaining Missing Notebook Rhymes will, unfortunately, have to remain…missing.”

Customize Products and Get a Tattoo at Thom Browne's colette Takeover
Fashion

Customize Products and Get a Tattoo at Thom Browne's colette Takeover

Throughout the month of October.

More ▾