You will need a lot of money to bid on this bling.
A huge 242-carat diamond is going to auction next month in Dubai. Bidding starts at more than $ 2 million.
Russian state-owned diamond producer Alrosa, the world’s largest producer of rough diamonds, is offering the gem at its 100th international auction in Dubai on March 22.
The crystalline rough diamond is about the same size as a small egg, which makes it one of the largest stones that Alrosa has extracted in this century, the company said.
“Rough diamonds, which potentially allow you to cut a polished diamond over 100 carats, are extremely rare in nature. These gems are less often sold, ”said Evgeny Agureev, head of sales at Alrosa, in a statement.
The diamond was mined more than a decade ago, but under Russian law, diamonds over 50 carats must first be offered to the country’s state repository.
The auction comes months after a 14.8-carat purple-pink “incredibly rare” Russian stone was auctioned for more than $ 26 million.
Large diamonds mined in Asia are still not as large as the jewels discovered in Africa.
The largest diamond in the world – a 3,106 carat Cullinan – was found in South Africa in 1905.
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