World's largest uncut diamond fails to sell at auction

The world's largest uncut diamond has not sold at a London auction. The Lesedi La Rona diamond, expected to sell for more than $70 million, fell notably short of the Sotheby's minimum reserve price. The auction was the first time such a large, rough diamond has been put on public sale. The diamond is the size of a tennis ball and weights in at 1,109 carats. The gem was discovered in Lucara Diamond Corp's Karowe mine in Botswana...
Read more: http://www.upi.com/Odd_News/2016/06/29/Worlds-largest-uncut-diamond-fails-to-sell-at-auction/2841467242963/?source=Snapzu