Record Breaking Price For Rough Diamond…I'll Give You One Guess Who Paid It

A rough 507-carat diamond the size of a chicken’s egg was just sold for $35 million.  This is the 19th largest diamond ever found and the price is a new record for an unfinished gem.

It was found in a mine owned by Petra Diamonds, and in my imagination, its excavation cost several exploited locals a limb or two.  I know, sad but maybe true.

Anyway, below is a picture of the rock.  Try to hazard a guess as to the nationality of the buyer, it shouldn’t be too hard to do…

Did you guess China? You did? Props.

According to USA Today, the buyer was a Hong Kong-based private jewelry retailer called Chow Tai Food Jewelry. Of course it was.


Cullinan Heritage Diamond (Petra Diamonds)

507-Carat Rough Diamond Sold for Record $35 million (USA Today)

What's been said:

Discussions found on the web
  1. auto show sales and finance commented on Sep 22

    … [Trackback]

    […] Find More here to that Topic: […]