Huge Diamond To Become Louis Vuitton Jewellery
The second-biggest diamond ever found will be cut, polished and turned into a collection of Louis Vuitton jewellery.
Lucara Diamond, which found the huge 1,758ct Sewelo diamond at its Botswana mine last year, said it struck a deal with the luxury brand and Antwerp diamond manufacturer HB Company.
According to Bloomberg, it’s unclear how valuable the polished diamonds will be though, as Lucara previously said the Sewelo wasn’t a type of diamond that yields top jewellery standard gems.
Lucara will get a “non material” upfront fee and own 50% of the polished diamonds from the Sewelo, which means “rare find” in Tswana, a language spoken in Botswana, and is roughly the size of a tennis ball.
In 2015, Lucara found the 1,109ct Lesedi La Rona, which at the time was the second-largest ever and eventually sold for £40.5 million. The mine has also yielded a 813ct stone that fetched a record £48.15 million. Those two gems were both much more valuable Type-IIa stones.
The biggest diamond discovered is the 3,106ct Cullinan, found near Pretoria in South Africa in 1905. It was cut into several polished gems, the two largest of which - the Great Star of Africa and the Lesser Star of Africa - are set in the British Crown Jewels.