Friday, November 14, 2008

Grazy Huge African diamond sells for over $12 million..wow

ANTWERP, Belgium - The biggest diamond to be found in 13 years, the "Lesotho Promise," was sold on Monday at auction for more than $12 million and is expected to fetch in excess of $20 million once it is cut up.

The 603-carat (120 gram) diamond, named after the tiny African mountain kingdom where it was found, went under the hammer at the Antwerp Diamond Centre and was sold to the South African Diamond Corporation, owner of luxury jewellers Graff.

The 10th largest white diamond ever to be found, it will be cut into a large heart-shaped diamond and several smaller stones which will then be sold. The uncut diamond is a third bigger than a golf ball.

http://www.msnbc.msn.com/id/15195458/