Logo

Nice ice, baby!

A rare blue diamond weighing 122.52 carats has been unearthed in South Africa, and experts believe it’s the most valuable uncut diamond ever.

“The rarity of a blue diamond of this magnitude sets it apart as a truly significant find,” said a spokeswoman for the lucky mining firm, Petra Diamonds, which dug up the sparkler in its Cullian mine near Pretoria.

The company will analyze the rock before putting it on the market sometime after June 30, but it’s expected to fetch tens of millions of dollars — shattering the world record for priciest diamond.

“So far, the highest price on record paid for a rough diamond was $35.3 million, paid in February 2010, for a 507-carat white stone,” finnCap analyst Martin Potts told the BBC.

“We think that this stone may break that record,” Potts declared.

1 of 5
A huge and incredibly rare, 122-carat blue diamond has been found in South Africa. The giant sparkler is expected to fetch well over $35.3 million USD - smashing the world record for the most expensive diamond ever found.
A huge and incredibly rare, 122-carat blue diamond has been found in South Africa. The giant sparkler is expected to fetch well over $35.3 million USD - smashing the world record for the most expensive diamond ever found. Splash News
The precious rock was unearthed in the Cullinan mine near Pretoria by experts at the British firm Petra.
The precious rock was unearthed in the Cullinan mine near Pretoria by experts at the British firm Petra. The same mine was also home of the 'largest rough gem diamond' ever - the famous Cullinan Diamond - which was discovered in 1905 and cut into two stones that are now included in the UK crown jewels. Splash News
Advertisement
The exquisite jewel is currently being assessed for its precise value. It is expected to go on sale by the end of this month.
The exquisite jewel is currently being assessed for its precise value. It is expected to go on sale by the end of this month.Splash News
Advertisement

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy