World's second biggest diamond sells for $53 million
By Daniel Shane September 26, 2017: 1:10 AM ET
The world's second-biggest diamond has finally found a buyer.
After failing to sell at a Sotheby's auction last year, the 1,109-carat uncut stone has now fetched $53 million in a private sale to luxury jeweler Graff Diamonds.
The seller, Canada's Lucara (LUCRF), recovered the huge diamond from Botswana's Karowe mine nearly two years ago. It named it Lesedi La Rona, which means "Our Light" in Botswana's Tswana language.
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