A Canadian diamond company by the name of Lucara Diamonds has found the second biggest diamond in history. The 1,111 carat diamond was found in Botswana and is of type IIa, meaning the diamond has no impurities or color.
The diamond is second only to the legendary Cullinan, which was found in Pretoria in South Africa in 1905. The 3,106 carat Cullinan was presented to King Edward VII of England and was later cut into 96 major and 96 smaller gemstones.
President and CEO of Lucara Diamonds William Lamb said, “The significance of the recovery of a gem quality stone larger than 1,000 carats, the largest for more than a century and the continued recovery of high quality stones from the south lobe cannot be overstated.”
Analysis say it is nearly impossible to estimate the value of such a stone.