Monday, March 1, 2010

World's Most Expensive Diamond Sold For $35 Million

A diamond in South Africa

The world's most expensive diamond was sold this week for $35.3 million dollars. It has 507 carats and was unearthed in South Africa. Apparently, my $5 bid was rejected (I'm joking of course).

The Judiciary Report would love to state one has lofty ambitions for this diamond, but you know full well it's just going to end up in some rapper's teeth. Those diamonds are going to be grinning at you on B.E.T.

Rapper Lil Wayne pictured earlier in the month with diamonds in his teeth

Diamond Sold for Record Breaking $35.3M

Feb. 26, 2010 - (AP) A 507-carat diamond as big as a chicken's egg sold for $35.3 million, breaking the record for the highest price ever paid for a rough diamond, the supplier said Friday.

The stone- which weighs just over 3.53 ounces - was estimated to be among the world's top 20 high-quality rough diamonds. It was discovered in September at South Africa's Cullinan mine...

http://www.cbsnews.com