The diamond named the Light of Letseng has been sold for a whopping $18.4 million by the company Gem Diamonds Ltd and the kingdom of Lesotho to the UK based Graff Diamonds. The diamond is 478 carat and is the 20th largest rough diamond recovered. The diamond was sold at an extraordinary price of $38,400 per carat as compared to the global average of $90 per carat. (more…)

A 478 carat diamond was recovered from the Letseng le Terai mine in the African kingdom of Lesotho. This diamond has been named the “Leseli la Letseng” meaning the light of Letseng. This diamond was sent to Antwerp, Belgium for analysis and was determined to be of premium quality, outstanding color and clarity. It was established to be the 20th largest rough diamond recovered so far. (more…)

Fred Koss is the owner of FK Diamonds. He is a private broker and his main business deals with clients who are going to get engaged for he specializes in engagement rings. He sells loose diamonds and customizes them for individual buyers. This way he is able to provide his clients with the stone of their choice at a comparatively lower price. The diamonds are of excellent quality and are certified by the Gemological Institute of America or sometimes other such institutes. (more…)

Diamond is very valuable and is used to mark occasions that have the same amount of significance that the diamond possesses. Taking care of these delicate yet expensive and valuable items of jewelry does not come easy. A little knowledge can help in making them assets and investments that can yield profits as well as protect from theft or damage. (more…)

The Wittelbach Diamond is a rare blue diamond that has been handed down over generations of German royalty. This diamond now on display in London has been bought by Laurence Graff of the Graff Diamonds for a whopping 16.4 million pounds ($ 24.3 million). The price; it was sold for has surpassed all pre sale estimates and has overtaken even the 100 carat diamond sold at a Swiss auction in 1995. (more…)

The eternally precious stone extant on mother earth is diamond. The terminology was derived from Greek mythology, which necessarily exemplifies “to tame, to overpower”. This precious stone constitutes carbon and is the hardest mineral borne by Mother Nature. Studies and researches suggest that heat and pressure, 100 of miles beneath the earth surface forced carbon molecules to congregate together thus forming diamonds. A volcanic eruption resurfaced the stone on the upper crust. Since the stone is not available in abundance, it is considered rare and accordingly precious. Diamonds are primarily mined in Central and South Africa, India, Brazil, Russia and Sri lanka. (more…)