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Pulled from the Depths of the Earth: A $20M Diamond Weighing 404 Carats

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It’s the 27th-largest diamond in the world.

Australian mining firm Lucapa Diamond Company has dug up a diamond in Angola that weighs 404.2 carats, Fortune reports. Lucapa chairman Miles Kennedy told the business publication that the diamond is worth about $20 million and is the 27th-largest in the world. According to the article, it’s the largest diamond ever found in the country, nearly doubling the size of the previous record-setter, dubbed the “Angolan Star.” Kennedy plans to sell the diamond to fund an expansion in the area.

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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