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The 'Second' Largest Diamond in the World to be Auctioned

Jan 30, 2026 January 30, 2026 2 min read 📰 Radio Farda
📋 Key Takeaway

A massive diamond, Lesedi La Rona, is set to be auctioned in London with an estimated value of at least £50 million. This diamond, discovered in Botswana, is notable for its size and uncut state, making it a rare find in the gem market. Its auction could set new records for diamond sales.

🔍 Quick Context Guide
💡 Bottom Line: The auction of Lesedi La Rona could redefine the high-end diamond market and attract significant international attention.

👥 Key Players

Lucara Diamond Corporation MENTIONED
Mining company that discovered the diamond
"Their discovery of Lesedi La Rona highlights the potential for significant economic impact in Botswana and the global diamond market."
David Bennett MENTIONED
Head of the London auction house
"His expertise in the auctioning of rare gems positions him as a key figure in determining the diamond's market value."

📰 What Happened

A massive diamond named Lesedi La Rona, weighing 1,109 carats, is set to be auctioned in London with an estimated value of at least £50 million. This diamond is notable for being one of the largest ever discovered and is uncut, making it a rare find in the gem market.

  • Lesedi La Rona is likely the second largest diamond ever discovered.
  • The diamond was found in Botswana by Lucara Diamond Corporation.

💡 Why It Matters

🇮🇷 For Iran: The auction of such a high-value diamond may influence luxury markets and investment trends, which could have indirect effects on Iran's own diamond and gemstone trade.
🌍 Regional: The auction highlights the economic potential of African diamond resources, which could impact regional trade dynamics.
🌐 International: This event could set new records in the diamond market, influencing global perceptions of value in luxury goods.

📚 Background

Diamonds are highly valued gemstones, often associated with wealth and luxury. The discovery of large diamonds can significantly impact local economies and the global gem market.

Global diamond trade Economic impact of mining in Africa
📡 Source: NEUTRAL
📊 Confidence: 70%
The article presents factual information from multiple sources, making it a reliable account of the upcoming auction.

A diamond the size of a tennis ball, likely the second largest diamond ever discovered, is set to be auctioned at a public sale in London at the end of June. The Daily Mail has initially estimated the price of this diamond to be at least £50 million ($72 million). The diamond, named Lesedi La Rona (officially: Karowe AK6), weighs 1,109 carats, approximately 222 grams. Its size is roughly that of a tennis ball, and it was found by the Canadian company Lucara in Botswana last November. Fox News quoted David Bennett, the head of the London auction house, stating, 'Frankly, Lesedi La Rona is exceptional, and finding it is something that may happen once in a lifetime.' Mr. Bennett mentioned that no uncut gem of this size, weight, and value has ever been offered at a public auction before. The highest price ever paid for a diamond was $48 million for the 'Blue Moon' diamond, purchased by Hong Kong billionaire Joseph Lau as a gift for his seven-year-old daughter. The Associated Press listed five large diamonds that have been discovered and are known to us: Cullinan; 3,106 carats (620 grams) discovered in South Africa in 1905; Lesedi La Rona's cut (Exclusivo) 995 carats, also found in South Africa in 1893; the Star of Sierra Leone, slightly smaller than 'Exclusivo,' found in Sierra Leone in 1972; and the fifth largest diamond on the 'King of Diamonds' list, known as the 'Imperial,' which is 890 carats and was discovered in the Republic of Congo in 1980.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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