Largest Diamond Found Since 1905 Sells for $53 Million USD

The largest diamond found since 1905 came from a mine in Botswana in November of 2015. Now almost 2 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 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.”