[quote]London: A three-billion-year-old diamond the size of a tennis ball - the largest discovered in more than a century - could sell for more than $US70 million ($94 million), auctioneer Sotheby's says.
A Sotheby's employee in New York holds the Lesedi La Rona - the largest diamond discovered in more than a century.
A Sotheby's employee in New York holds the Lesedi La Rona - the largest diamond discovered in more than a century. Photo: AP
The auction house plans to offer the Lesedi la Rona diamond in London on June 29.
The diamond was unearthed in November in Botswana at a mine owned by Canada's Lucara Diamond Corporation.
It measures 1109 carats, the second-largest gem-quality rough diamond ever discovered. Its name means "our light" in the Tswana language of southern Africa.
The auctioneer said the rough gemstone "of exceptional transparency" could yield the largest top-quality diamond ever cut and polished.
Read more: [url]http://www.smh.com.au/world/diamond-the-size-of-a-tennis-ball-could-fetch-94-million-20160504-gomjzk.html#ixzz47lI19d2g[/url]
Follow us: @smh on Twitter | sydneymorningherald on Facebook
[/quote]
That is one big diamond. I wonder if they'll manage to get a single large diamond out of it when it's cut.
[QUOTE=download;50260810]That is one big diamond. I wonder if they'll manage to get a single large diamond out of it when it's cut.[/QUOTE]
There would be no use for it, other than putting it on a display.
[QUOTE=AntonioR;50260864]There would be no use for it, other than putting it on a display.[/QUOTE]
The diamond is far more valuable in a single piece even if it's not going to be worn.
[QUOTE=AntonioR;50260864]There would be no use for it, other than putting it on a display.[/QUOTE]
while that's what often happens with large gems, I wouldn't discount the possibility of it being used as the centrepiece stone of a high quality piece of jewelry either.
Also, so far as I recall, the end result depends on the kind of cut the customer would prefer for their rough gem, and how much of stone volume gets sacrificed to obtain that cut while maintaining clarity (and color, in the case of colored gems or diamonds) based on the principle of 4C (cut, color, clarity, and carat weight.) Colorless diamonds on the rating scale are graded up to D to F, D being totally colorless and thus commanding the most value on that end of the scale. Of course, colored diamonds, particularly those of unusual colors, also can command very high prices.
in a nutshell, it depends again on what the customer wants, and how far possible it's going to be to obtain said result without sacrificing size or quality, in which case a jeweler would probably make another recommendation to the customer based on their tests.
I want synth diamonds to grow to larger sizes, fuck you de beers for inflating the value.
imagine accidentally dropping that diamond and seeing it shatter haha
[QUOTE=Xephio;50261374]imagine accidentally dropping that diamond and seeing it shatter haha[/QUOTE]
"But diamonds are the hardest material on the planet!!! the floor would shatter!!"
Fuck man, I want to see someone take a knock at faceting that bad boy.
I love the look of a raw diamond, personally. The natural look is much prettier than the cut stone.
If it was me buying that I'd leave it in its raw state and have it as a centrepiece of a display.
You don't just cut something of that size and value plus its a major talking point, got the biggest diamond here etc.
i would make it the centerpiece of my bathroom
taking a shit in the presence of the largest diamond around would make me feel like a pretty big man
That diamond would make for one hell of a pimp cane.
How much do diamonds usually sell for per carrot?
[QUOTE=Hanso;50262422]How much do diamonds usually sell for per carrot?[/QUOTE]
Just talking out of my ass here, but I would think that the price raises exponentially per carat due to the increasing rarity of progressively larger diamonds.
just leave it rough and as-is, the whole cut diamond look is overrated and wore its charm out a long time ago
[QUOTE=Hanso;50262422]How much do diamonds usually sell for per carrot?[/QUOTE]
Depends on the size of the diamond. The larger the diamond, the more paid per carat.
Diamonds are like gold in that size tends to equal more dosh.
For example, when you are panning for gold, most folks will tell you to sell big nuggets to collectors and geologist at a higher price then you would get for simply the material value. The idea is that the rarity of the size and shape makes up for the less material.
Same thing applies with diamonds and quartz. Bigger the gemstone, the more it can sell for being uncut. Sometimes cutting it can also increase the value by tenfold if done by an experienced cutter.
Sorry, you need to Log In to post a reply to this thread.
