The second-biggest diamond in historical past might be minimize, polished and changed into a set of Louis Vuitton jewellery.
Lucara Diamond Corp., which discovered the 1,758-carat Sewelo diamond at its Botswana mine final yr, stated it’s struck a cope with the posh model and Antwerp diamond producer HB Firm. It’s unclear how precious the polished diamonds might be although, as Lucara beforehand stated the Sewelo wasn’t a sort of diamond that yields high jewellery commonplace gems.
Lucara will get a “non materials” upfront payment and personal 50% of the polished diamonds from the Sewelo, which suggests “uncommon discover” in Tswana, a language spoken in Botswana, and is roughly the dimensions of a tennis ball.
Louis Vuitton has been pushing into superb jewellery since opening a flagship retailer on Paris’s Place Vendome — the famed district residence to Cartier and Boucheron — and since tapping a brand new head jewellery designer, Francesca Amfitheatrof.
Recreation of Thrones actress Sophie Turner and Brokeback Mountain star Michelle Williams have posed for latest campaigns for necklaces and earrings usually depicting the recognisable flowers from the LV monogram.
In 2015, Lucara discovered the 1,109-carat Lesedi La Rona, which on the time was the second-largest ever and ultimately bought for $53 million. The mine has additionally yielded a 813-carat stone that fetched a report $63 million. These two gems had been each way more precious Sort-IIa stones.
The largest diamond found is the three,106-carat Cullinan, discovered close to Pretoria in South Africa in 1905. It was minimize into a number of polished gems, the 2 largest of which the Nice Star of Africa and the Lesser Star of Africa are set within the Crown Jewels of Britain.
© 2020 Bloomberg