The diamond is 170 carats.
LUCAPA DIAMOND COMPANY LIMITED/A
Posted on 07/27/2022 7:37:33 PM PDT by BenLurkin
A 170-carat pink diamond – dubbed The Lulo Rose – was discovered at the Lulo mine in the country’s diamond-rich northeast and is among the largest pink diamonds ever found, the Lucapa Diamond Company said in a statement to investors.
The “historic” find of the Type IIa diamond, one of the rarest and purest forms of natural stones, was welcomed by the Angolan government, which is also a partner in the mine.
The diamond will be sold at international tender, likely at a dazzling price. Although The Lulo Rose would have to be cut and polished to realize its true value, in a process that can see a stone lose 50 percent of its weight, similar pink diamonds have sold for record-breaking prices.
The 59.6 carat Pink Star was sold at a Hong Kong auction in 2017 for US $71.2 million
The diamond is 170 carats.
LUCAPA DIAMOND COMPANY LIMITED/A
(Excerpt) Read more at nypost.com ...
I am sure some rich dim will pay handsomely for this blood diamond found by means of child slave labor.
The only question is who wants the bling most. A Qatari? A Saudi? Someone from Dubai?
Said “curator” is cordially invited to stick said Van Gogh’s painting where the sun doesn’t shine.
Arrogance enhances no one.
They found your rock!
Wonder if the guy that found it got a bonus..
At least gold has practical uses.
Blood diamond, maybe?
So do diamonds...
Of course, you don't need fancy pink ones for your drill bits.
Of course, you’re absolutely right.
How could I forget? I worked in machine shops for over 40 years, and used industrial diamonds to dress grinding wheels multiple times a day.
I wrecked a few of them, too. Diamonds do not like heat. It doesn’t take much to burn one up.
Heat and pressure create diamonds. They can also destroy them, only a lot faster.
Thanks for the remind.🙂
Funny isn’t it, what we value. It’s price couldn’t create a sparrow.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.