You will need deep pockets to bid for this bling.
A large 242-carat diamond will head to the auction block next month in Dubai. Bidding begins at more than $ 2 million.
Russian state-controlled diamond producer Alrosa, the world’s largest producer of rough diamonds, is offering the jewel at its 100th international auction in Dubai on March 22nd.
The crystalline rough diamond is about the same size as a small egg, making it one of the largest stones Alrosa has mined this century, the company said.
“Rough diamonds, which potentially allow a polished diamond of more than 100 carats to be cut, are extremely rare by nature. These jewels are presented even less often, “Evgeny Agureev, Alrosa’s head of sales, said in a statement.
The diamond was mined more than a decade ago, but under Russian law, diamonds over 50 carats must first be offered at the country’s state deposit.
The auction comes months after a 14.8-carat “incredibly rare” purple-pink Russian stone was auctioned for more than $ 26 million.
The large diamonds mined in Asia are still pale from the jewels that are unearthed in Africa.
The largest diamond in the world, a 3,106-carat Cullinan, was found in South Africa in 1905.
With publishing cables