Gem Diamonds sold this 13.33-carat Type I rough pink diamond at tender in Antwerp this month, setting a price-per-carat auction record for a stone recovered from the Letšeng mine in Lesotho.
London—Gem Diamonds has announced the sale of a special diamond.

Last month, the miner said it had recovered a 13.33-carat Type I pink diamond from the Letšeng mine in Lesotho.

Now, Gem Diamonds has sold the remarkable stone at a tender in Antwerp for $8.8 million, or roughly $656,441 per carat, to an undisclosed party.
RELATED CONTENT: As Argyle Nears Its End, Prices for Reds and Pinks Soar
The company said it’s a record dollar-per-carat price for any diamond recovered at Letšeng.

And Letšeng certainly has produced some incredible diamonds in its lifetime. In 2018 alone, Gem Diamonds dug up 15 stones at the Lesotho mine weighing over 100 carats.

Among these stones was the “Lesotho Legend,” a 910-carat rough white diamond that sold for $40 million, or $43,956 per carat.

|Subscribe >
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.