1,109 Karat 'Unsellable' Diamond Sold for $53 Million


An uncut diamond the size of a tennis ball sold for an astounding $53 million on Tuesday.

Graff Diamonds, a British jeweler, said it bought the 1,109-carat gem, the 'Lesedi La Rona', which was mined in Botswana in 2015. In that country's Tswana language, Lesedi La Rona means "our light."

"We are thrilled and honored to become the new custodians of this incredible diamond,” chairman and company namesake Laurence Graff said in a statement.


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