Tuesday, 13 August 2019

Graff Lesotho Pink - $8.75 million

Gem Diamonds (LON:GEMD) sold a 13.33 carat pink diamond recovered at its flagship Letšeng mine in Lesotho in March for $8.8 million.

The high-quality pink colour type I diamond sold at a tender in Antwerp, Belgium, achieving a record price per carat of almost $657,000. The Letšeng mine is well-known for yielding some extraordinary diamonds, including the 910-carat “Lesotho Legend”, which sold for $40 million last year.