Fifth-largest gem quality diamond in history sold for $40 million – by Cecilia Jamasmie ( – March 13, 2018)

Gem Diamonds found the 910-carat diamond, named “The Lesotho Legend,” in January.

The world’s fifth biggest gem-quality diamond ever found was sold for $40 million on Monday, the company that found the massive rock said.

Africa-focused Gem Diamonds (LON:GEMD) dug up the D colour, Type IIa rough diamond, which is about the size of two golf balls, at its flagship Letšeng mine in Lesotho in January.

The rock, named “The Lesotho Legend,” was acquired by an unnamed buyer in Antwerp, Belgium, the company said.

Since acquiring Letšeng in 2006, Gem Diamonds has found now five of the 20 largest white gem quality diamonds ever recovered and several 100-carat-plus stones, which makes it the world’s highest dollar per carat kimberlite diamond operation.

One of those rocks, a 357-carat stone found in 2015, sold for $19.3 million. Only last week, Gem Diamonds announced it had dug up a 152-carat, top white colour type IIa diamond, the sixth major find so far this year.

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