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- Author of the entry: Mennica Skarbowa
- Date of entry:
Will the second largest diamond ever discovered in the world have to be cut into smaller pieces? There are many indications that this will be the case, as there are still no buyers interested in purchasing the huge stone from Botswana.
The 1,109-carat diamond was found two years ago in a mine owned by the Canadian company Lucara Diamond. Named "Lesedi La Rona," meaning "Our Light," the stone was auctioned at Sotheby's last summer but did not reach the expected price. The highest bid at the time was $61 million, while the expected price was at least $70 million.
Although the unrealized sale weighs on the company's finances, Lucara is theoretically in no hurry to sell. The problem is that waiting may not pay off. As we read in a Reuters article, Lucara may never get the expected amount for this impressive stone.
Its owners themselves admit that a stone the size of a tennis ball is not only a treasure, but also a great challenge, especially for a future cutter. Among the experts quoted by Reuters, there is no shortage of opinions that "Lesedi La Rona" is simply "too big" to find a buyer.
- When is a diamond too big? Apparently, when its weight exceeds a thousand carats. If only because such a large stone is difficult to analyze using the technologies available today. Kieron Hodgson, an analyst covering the mining sector at Panmure Gordon, told the agency.
MW
