A ‘rare’ pink diamond of 170 carats has been discovered from a diamond mine located in the African country of Angola. This is the largest pink diamond ever found in the last 300 years. This diamond will be auctioned, in which it is expected to cost more than Rs 1,000 crore.
This diamond is found in the ‘Lulo Mine’ of Angola and is owned by the Australian company Lucapa Diamond Company. The company said that it has named this diamond ‘The Lulo Rose’ after the name of the mine.
The specialty of ‘The Lulo Rose’ diamond
It is believed that this could be the largest rough pink diamond ever found in the world. It is a ‘Type IIa’ diamond, one of the rarest and purest forms of natural stone. About 27 diamonds of 100 carats or more have now been found from the Lulo mine.
This rare Pink Diamond is the fifth largest diamond found from this mine. Let us tell you that two of the largest diamonds ever found in the world have been found from the Lulo mine in Angola. It also includes a 404 carat diamond. The Government of Angola has expressed happiness at the news of the discovery of this rare diamond. The Government of Angola is also a partner in this mine.
Diamond will be sold through auction
The Angolan government and Lucapa Diamond said in a statement that the diamond would be sold through an auction that would be held internationally. However, for auction, this diamond will need to be cut and polished, in which its linseed beauty and value come out in front. Sometimes in this process half the weight of the diamond is reduced.
Earlier this type of Pink Diamond auction has seen record bidding. In the year 2017, a 59.6-carat pink diamond in Hong Kong got a bid of $ 71.2 billion (about Rs 569 crore) in the auction. In such a situation, it is expected that the auction for this diamond can fetch up to Rs 1,000 crore, considering its value.