The 1,109-carat Lesedi la Rona is the second-largest gem-quality rough diamond ever discovered, however bidding didnt reach the Sothebys reserve cost
Turns out the biggest diamond found in over a century might not be worth that much.
The tennis ball-sized Lesedi la Rona cannot discover a purchaser on Tuesday, a frustrating outcome for a stone that had actually been referred to as the discover of a life time by David Bennett, the chairman of Sothebys jewellery department.
The diamond was uncovered in November in Botswana at a mine owned by Canadas Lucara Diamond Corporation. It determined 1,109 carats, the second-largest gem-quality rough diamond ever found. Its name suggests our light in the Tswana language.
A spokesperson stated bidding reached $61m listed below the $70m minimum Sothebys had actually wished for.
No rough diamond of this size had actually ever been auctioned, and after Wednesdays sale it is uncertain if one will for a while.