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Who's got $70,000,000.00?

kenny

Super_Ideal_Rock
Premium
Joined
Apr 30, 2005
Messages
28,172
I could only scrounge up $69,999,999.99 so it's still available.

http://www.cbsnews.com/news/diamond-size-of-tennis-ball-could-fetch-70-million/



A 3-billion-year-old diamond the size of a tennis ball - the largest discovered in over a century - could sell for more than $70 million, auctioneer Sotheby's said Wednesday.

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 measured 1,109 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.

David Bennett, chairman of Sotheby's jewelry division, called the discovery "the find of a lifetime" and the auction unprecedented, because no rough diamond of this size has ever been auctioned.

"We put an estimate on it in excess of $70 million, so that is the sort of area we are expecting to go for, but frankly it is difficult to tell - what is the largest diamond in the world worth?" he said.

The Royal Collection Trust, which oversees British royal treasures, says the largest gem-quality diamond ever found was the 3,106-carat Cullinan diamond, unearthed in South Africa in 1905. It was cut into nine pieces that form part of the U.K. Crown Jewels.

The Lesedi la Rona could smash the record price for a diamond of $48.5 million, paid at a Geneva sale last year for the 12.03-carat polished "Blue Moon" diamond. Hong Kong billionaire Joseph Lau picked it up as a gift for his 7-year-old daughter.

The Lesedi la Rona diamond will be on public display at Sotheby's in New York on Saturday, and at the auctioneer's London showrooms June 18-28.

screen_shot_2016-05-04_at_1.png
 

Karl_K

Ideal_Rock
Trade
Joined
Aug 4, 2008
Messages
9,463
kenny here is a penny to help ya.
But I get to design the diamond from it and Yoram gets to cut it! :appl: :appl: :appl:
 

kenny

Super_Ideal_Rock
Premium
Joined
Apr 30, 2005
Messages
28,172
Karl_K|1462394108|4027285 said:
kenny here is a penny to help ya.
But I get to design the diamond from it and Yoram gets to cut it! :appl: :appl: :appl:
:lol:

Actually Karl, I lied ... by about $69,999,999,99. :oops:

But what a project THAT would be.
Imagine a 550-carat Octavia? :o :o :o :love: :love: :love: :cheeky: :cheeky: :cheeky:

Do ANY 100+ carat diamonds get cut for top light performance?
 

Snowdrop13

Brilliant_Rock
Premium
Joined
Aug 27, 2011
Messages
1,859
I would NOT fancy the responsibility of cutting into that big rock, imagine if you made a mistake, eeeek!
 

msop04

Ideal_Rock
Premium
Joined
Dec 3, 2011
Messages
9,776
I'm in... but only if they can find a matching one to pair with it. 8) :lol: :lol:
 

kenny

Super_Ideal_Rock
Premium
Joined
Apr 30, 2005
Messages
28,172
lambskin|1462411784|4027409 said:
I'd halo it. :lol:
That would give you better finger coverage ... I mean thigh coverage. :mrgreen:

I think your halo will need melee of 20 ct each.
 

MollyMalone

Ideal_Rock
Premium
Joined
Jun 2, 2013
Messages
3,083
I just picked up the September issue of Vanity Fair & discovered an intriguing article re the Lesedi la Rona, which was not sold at Sotheby's June 29th auction because the highest bid ($61 million) was below the reserve price; here's the link to the article on Vanity Fair's web site:
http://www.vanityfair.com/news/2016/08/why-buyers-shunned-the-worlds-largest-diamond

And here's the account of a very recent interview with William Lamb, the president of Lucara Diamond Corp., posted Friday on Mmegi Online, the web site of Botswana's English language newspaper:
http://www.mmegi.bw/index.php?aid=62618&dir=2016/august/26

:read: Enjoy!
 

kenny

Super_Ideal_Rock
Premium
Joined
Apr 30, 2005
Messages
28,172
Molly, thanks for posting.

Fascinating.
 
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