An enormous 158.2-carat pink diamond – making it one of the largest in the world – was discovered in Russia in September by Alrosa. This stone is only the 32nd largest stone according to experts, but its splendid pink color makes it incredibly exceptional and rare. It is valued at about $1.5 million. If it were to be cut, it would make for many highly precious diamonds that could be used to create priceless jewels. Like the 12.27 Majestic Pink Diamond auctioned off in August in New Orleans by MS Rau Antiques for $7.85 million. It had been mounted on an amazing ring.
The rarity of pink diamonds make them unique in the world, but the diamonds that have made headlines over the years are famous not just for their large carat sizes or incredible stories but for the way they were found. In1905 the largest rough diamond – the Cullinan– was found in South Africa. It weighed in at an unimaginable 3,106.75 carats and took its name from the mine where it was found. The Asscher Brothers of Amsterdam cut it into 105 diamonds, some of which became part of the English Crown. (more…)