Graff pays $53m for historic diamond

Laurence Graff of Graff Jewellers has purchased the 1,109 carat Lesedi La Rona rough Diamond.

Discovered by Canadian mining company Lucara Diamond Corp at the Botswana mine.

The diamond sold for USD $53 million.

The 1,109 gem is the world’s largest High quality rough diamond to be discovered in more than a century and the largest rough diamond in existence today.

Second only to the Cullinan which weighed 3,106.75 carats, and was discovered at the Premier No. 2 mine in , South Africa, on 26 January 1905.