Graff Unveils First 67 Diamonds Cut From the 1,109-Carat Lesedi La Rona

e evolution of the incredible 1,109-carat diamond “rock”, Lesedi La Rona, continues. We first blogged about it shortly after its discovery, three years ago in November 2015.  Since that time, it has made our blog again and again as its story was written:  February, May, and June 2016.

Then on June 29, 2016, the totally unexpected happened: Lesedi La Rona failed to meet its reserve price and went unsold at auction.  Our last blog about this gemological wonder was in October 2017 when it was finally purchased.  Now, a year later we continue with a new, fascinating chapter in this story.

Sixty-seven diamonds ranging from just under 1 carat to more than 100 carats will be known forever as the legacy of Lesedi La Rona, the 1,109-carat gem-quality rough diamond that was discovered at the Lucara Karowe mine in Botswana in 2015.

When billionaire diamantaire Laurence Graff purchased the rough stone for $53 million in 2017, he was reverential in his statements about the second-largest rough diamond ever discovered. He said at the time, “The stone will tell us its story, it will dictate how it wants to be cut, and we will take the utmost care to respect its exceptional properties.”

Graff Diamonds noted Monday that after more than a year of detailed analysis, cutting and polishing by its elite team of gemologists and master craftsmen, the first 67 stones were ready to be revealed. The company also dropped a teaser that “a principal diamond of unprecedented size” was still in the works.

All of the Lesedi La Rona diamonds boast a D-color and “exceptional clarity,” according to the company. In addition, each stone will be laser inscribed with the words “Lesedi La Rona” and “GRAFF” alongside a Gemological Institute of America identification number.

On its website, Graff Diamonds demonstrated the intricate three-dimensional mapping used to maximize the yield from the massive rough diamond.

Once cut and polished, the first 67 Lesedi La Rona finished diamonds were incorporated into beautiful jewelry, including solitaire rings, earrings and pendants. Graff said the jewelry represented a once-in-a-lifetime opportunity to own a piece of diamond history.

“Destined to be passed down through generations, the legacy of this historic stone will live on in this truly remarkable collection of jewels,” noted the website.

Despite its original size of 1,109 carats, Lesedi La Rona was nearly 2,000 carats smaller than the Cullinan diamond, which was discovered in 1905 and tipped the scales at 3,106 carats.

Graff also owns the 373.72-carat chunk that broke off the Lesedi La Rona during the mining process. That piece, which was purchased for $17.5 million, has yet to be processed.

Credits: Images courtesy of Graff Diamonds. Screen captures via graffdiamonds.com.

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About Moses Jewelers

Founded in 1949, Moses Jewelers proudly remains family owned and operated. Specializing in beautiful diamonds and color gemstones, custom engagement rings and bridal jewelry, vintage and estate pieces, we are the region's source of fine jewelry and unique styles. Our services include custom jewelry design (including CAD drawings); jewelry repairs, appraisals, and purchases of pre-owned gold, diamonds and other jewelry. We believe Life is a Story. Our Graduate Gemologists, Certified Watchmakers, and our friendly, knowledgeable staff are waiting to offer you the greatest service. We will guide you in your very first jewelry purchase (often on a budget) to that special celebratory gift many decades later (and everything in between). We are here to build relationships and be part of Your Story. Welcome! — Larry and Tim Moses