Petra large rough diamond 507 carats

Record sale price for rough diamond 35 million

A rough diamond sold today for $35 million. This is a record sale price for a rough diamond, and certainly adds value and interest in large, even uncut diamonds. Many large diamonds have sold for record prices in the past twelve months, it seems that the trend is continuing.

Petra large rough diamond 507 carats
Petra large rough diamond 507 carats

Weighing 507 carats in it;s rough form, this piece of rock could turn out to be quite a large cut and polished diamond as well. IT was estimated to be valued at around $20 million before it went on the market, and it fetched nearly double that price. We can’t wait to see the cut stone that comes of it.

Info found via articles from Reuters

One thought on “Record sale price for rough diamond 35 million”

  1. I am still blown away by the size and price of that diamond. If I recall correctly it was sold to a set of jewelers in China, but I could be mixing that up with something else.

    That jewel is just so huge, I wonder how many pieces of jewelry will come from it?

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