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Home Β» Blog – The Diamond Blog Β» The Worldβs Second Largest Rough Diamond to be Auctioned: βLesedi la Ronaβ
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The GIA has classed βLesedi la Ronaβ as a type IIa diamond, the purest and most valued of diamonds which account for less than 2% of all mined diamonds.Β Due to the size of the stone, conventional equipment could not be used to assess the stone, but experts say that once cut it has the potential to carry a βDβ color classification, the highest for white diamonds.Β Β Type IIa diamonds contain minimal nitrogen and boron impurities meaning they are absolutely colorless.Β Famous examples of type IIa diamonds include the Cullinan, the Koh-i-Noor, and the Krupp Diamond.Β The Krupp Diamond now known as the Elizabeth Taylor Diamond was bought by Richard Burton for just $300,000 and was auctioned for over $8,800,000 in 2011 a time when the value of type IIa diamonds was much more known than in the 1960s.
Expected to auction for $70,000,000 the βLesedie la Ronaβ may smash previous diamond auction record held by the βBlue Moonβ.Β Estimated to be around 3 billion years old the βLesedi la Ronaβ will become one of the most prized and beautiful diamonds once cut due to its size and purity.Β Β The diamond world awaits with bated breath for the auction, and perhaps more importantly the unveiling of the final gem cut from the βLesedi la Ronaβ.