A rare 507.55 carat diamond, of exclusive color and clarity, was discovered in South Africa.
What would you do if you had $35.3 million just sitting around, waiting for the perfect opportunity? Would you spend it on a rare, magnificent diamond? Last September, London-based Petra Diamonds Company unearthed a 507.55-carat rough diamond at its Cullinan mine in South Africa, dubbed the "Cullinan Heritage".
Today, the diamond was sold to the Hong Kong-based Chow Tai Fook Jewellery Company Ltd. at a tender in South Africa for $35.3 million—the **highest sale price ever achieved for a rough diamond**.
Why such a high price? This reflects the incredible rarity of the diamond in terms of size, color, and clarity.
A few statistics: At 507.55 carats, the Cullinan Heritage is among the world's **20 largest high-quality rough diamonds ever unearthed**. It is one of many h
