A diamond weighing 1,109 carats — the largest found since 1905 — has sold for $53 million.
The Lesedi La Rona, which means "Our Light" in the Twsana language, was found in a Botswana mine in November 2015. It is the third biggest diamond ever found, and the second largest of gem quality.
Diamond miner Lucara announced it had sold the Lesedi La Rona to Graff Diamonds on Monday for $53 million, or $47,777 per carat.
"The discovery of the Lesedi La Rona was a company defining event for Lucara. It solidified the amazing potential and rareness of the diamonds recovered at the Karowe mine," William Lamb, president and CEO of Lucara, said in a press release.
"The price paid is also an improvement on the highest bid received at the Sotheby's auction in June 2016."