British billionaire and diamantaire Laurence Graff paid $53 million for the 1,109-carat Lesedi La Rona, the largest gem-quality rough diamond discovered in more than a century. Graff’s purchase marks the poignant reunion of two of the world’s largest and most high-profile diamonds. You see, Graff had already paid $17.5 million for the 373.72-carat “chunk” that fractured from her sibling during the mining process.
Lucara Diamond Corp. and Graff closed the deal with a handshake after more than a year of negotiations. The 79-year-old founder of Graff Diamonds had purchased Lesedi La Rona’s smaller sibling at Lucara’s Exceptional Stone Tender in May. That price was $46,827 per carat, just slightly lower than the $47,777 per-carat price paid for Lesedi La Rona.
“We are thrilled and honored to become the new custodians of this incredible diamond,” noted Graff in a statement. “Our highly skilled team of master craftsmen will draw on many…
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