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Gem sells 13.33ct pink diamond for record price

Gem Diamonds (LSE:GEMD) had sold the 13.33 carat pink diamond recovered at its Letšeng mine in Lesotho last month for US$8.75 million.
Gem sells 13.33ct pink diamond for record price Gem sells 13.33ct pink diamond for record price Gem sells 13.33ct pink diamond for record price Gem sells 13.33ct pink diamond for record price Gem sells 13.33ct pink diamond for record price

Gem has sold a 13.33ct pink diamond for a record $656,933/ct

Staff reporter

The high-quality pink colour type I stone was sold through a tender in Antwerp and achieved a price of $656,933 per carat, a record for a diamond from the mine.

Pink diamonds fetch a premium, with Gem reporting previously that the highest price achieved in the December quarter was $64,067/ct for a 4.06ct, pink diamond.