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Petra Sells 299-ct Diamond for $12 2m

Petra Sells 299-ct Diamond for $12.2m March 07, 21 by John Jeffay (IDEX Online) - Petra Diamonds has announced another high-value sale from the iconic Cullinan mine - a 299.3-carat white, Type IIa gem for $12.18m. It follows the sale last November of the Letlapa Tala collection of blue rough diamonds, also recovered from Cullinan a nd weighing a total of 85.6 carats to De Beers and Diacore for just over $40m. The exceptional new find (pictured) was sold to Stargems DMCC, Dubai-based arm of the Antwerp diamond supplier. The price of $40,701 per carat, was higher than the $34,386 per carat achieved in May 2019 by the 424.89-carat Legacy of the Cullinan Diamond Mine.

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