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- Aug 15, 2000
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http://www.sybarites.org/2008/08/07/graff-lesotho-promise-necklace/
The Lesotho Promise, mined at the Letseng mine in Lesotho, is the 15th largest rough diamond ever recovered and was sold to Graff and its partner polishing company Safdico for $12.36 million in October last year. The stones are valued at $50 million but a value hasn''t been given for the finished piece.
One supposes that it might actually change hands for less than $50M, but that is an incredible margin.
No wonder the company Gem Diamonds has decided to go verticle - it seems they will build their own retail brand - just as Aber who own a bought Harry Winston.
http://www.idexonline.com/portal_FullNews.asp?id=30827
http://investor.harrywinston.com/
The Company supplies rough diamonds to the global market through its ownership of a 40% interest in the Diavik Diamond Mine, located in Canada’s Northwest Territories.
The Lesotho Promise, mined at the Letseng mine in Lesotho, is the 15th largest rough diamond ever recovered and was sold to Graff and its partner polishing company Safdico for $12.36 million in October last year. The stones are valued at $50 million but a value hasn''t been given for the finished piece.
One supposes that it might actually change hands for less than $50M, but that is an incredible margin.
No wonder the company Gem Diamonds has decided to go verticle - it seems they will build their own retail brand - just as Aber who own a bought Harry Winston.
http://www.idexonline.com/portal_FullNews.asp?id=30827
http://investor.harrywinston.com/
The Company supplies rough diamonds to the global market through its ownership of a 40% interest in the Diavik Diamond Mine, located in Canada’s Northwest Territories.