Headlines

World’s Largest Diamond – Which Is the Size of a Tennis Ball – to Be Auctioned This Summer

Published

8 years ago

May 6, 2016

INSTORE Staff

Sotheby’s expects it to sell for more than $70 million.

The world’s largest diamond in existence today will soon hit the auction block when Sotheby’s offers up the massive stone to the highest bidder in London on June 29, the New York Daily News reports. The article says that the tennis ball-sized diamond was discovered last November in Botswana by Canada’s Lucara Diamond Corporation, measuring 1,109 carats to become the second-largest rough diamond ever found. (The largest was a 3,106-carat diamond that was unearthed in South Africa in 1905 and later cut into nine pieces.) Sotheby’s expects the diamond to sell for more than $70 million.

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.”