How much was the blood diamond worth?

On Dec. 4, 2017, the diamond sold to British jeweler Laurence Graff for $6,536,360 in an auction managed pro bono by Rapaport. It was far less than even government evaluators expected, but it garnered something much more valuable: transparency.

Is Blood Diamond a true story?

Though Blood Diamond revolves around fictional characters, the events are based on real experiences of individuals in Sierra Leone during the civil war. The film depicts village attacks by rebel groups, the enslavement of Sierra Leoneans, the use of child soldiers, and illicit markets that are often ignored.

How much is a 1 carat Blood Diamond?

Unfortunately, the big pay off artisanal miners are looking for is a fraction of the value of the diamonds they find. A 1.0ct diamond will only get the miner about 100 dollars. Artisanal Miners may go months without finding even the smallest diamond.

How much is the pink diamond worth Blood Diamond?

The Unique Pink diamond sold for $28 million at Sotheby's on May 17, 2016. Weighing in at 15.38 carats, the Unique Pink is the largest Fancy Vivid pink pear-shaped diamond ever offered at auction.

Who bought Sakura diamond?

The diamond, which was purchased by Hong Kong jewelers Chow Tai Fook and renamed "CTF Pink Star," remains the most expensive polished diamond of any color to sell at auction.

Price Comparison (Most Expensive Substance)

What's the rarest color diamond?

Red diamonds are the rarest and some of the most expensive in the world. Also known as Fancy Reds, they come in a variety of shades ranging from orange-red to brownish red. Majority of the world's red diamonds come from the Argyle Diamond Mine in Australia.

Is it illegal to own a blood diamond?

However, there's sometimes a hidden, darker side to many of these dazzling gems. Before purchasing a diamond, it's imperative that you ensure it's conflict-free. Diamonds that are not conflict-free are known as blood diamonds, which means they are illegally sold in order to finance devastating wars and terrorism.

What is the biggest blood diamond ever found?

The 3,106-carat Cullinan is the largest diamond ever discovered. It was found in South Africa and named after Thomas Cullinan, the mine′s founder. It was eventually bought by the Transvaal Colony government and presented as a gift to the then king of the United Kingdom, Edward VII.

Do blood diamonds still exist?

It shows that the production of conflict diamonds still exists in Sierra Leone. According to the 2005 Country Reports on Human Right Practices of Africa from the United States, serious human rights issues still exist in Sierra Leone, even though the 11-year civil conflict had officially ended by 2002.

Did De Beers sell blood diamonds?

Since 2000, some independent diamond dealers have not only claimed to sell diamond bunches that they bought from rebel groups to De Beers, but also that De Beers was aware of the origin of the diamonds. Currently on their website, De Beers boasts that 100% of their diamonds are conflict free.

Is Sierra Leone still at war?

On 18 January 2002, President Kabbah declared the eleven-year-long Sierra Leone Civil War officially over. By most estimates, over 50,000 people had lost their lives during the war.

Is Sierra Leone rich in diamonds?

A deep abyss punctures the southern suburbs of Koidu Town, one of the largest cities in Sierra Leone. The giant pit, vast processing plants and surrounding earthworks constitute the country's richest diamond mine. Diamonds were first discovered in Koidu during the 1930s.

How much is 100 carats worth?

“One hundred-carat D flawless are even more rare.” While Sotheby's doesn't have an official estimate, comparable diamonds have sold for between $11 million and $30 million in the past, Bruning said. The stone, described by Sotheby's as “the size of a lollipop,” will be sold at a live auction in Hong Kong on Oct.

Does Sierra Leone still mine diamonds?

Diamonds are found in about a quarter of Sierra Leone in the south-east and east of the country, with the diamond fields cover 7,700 square miles. The main production areas are concentrated around the drainage areas of rivers in the Kono, Kenema and Bo Districts.

How old was Leonardo Dicaprio when he did Blood Diamond?

Already a two-time Oscar® nominee, some critics say he's in the running for two nominations this year—one for his role as an undercover cop in The Departed and the other as a diamond smuggler in Blood Diamond. Despite all the success he's achieved at the age of 32 , Leonardo says he's not sure if he's yet a grown up.

How much is the Uncle Sam diamond worth?

The largest diamond ever found in the U.S. — the Uncle Sam — was discovered at the crater in 1924. The 40.2-carat gem was sold to a private collector for $150,000 in 1971, or just over $1 million today.

How much is the Star of Africa worth?

THE CULLINAN — UP TO $2 BILLION

The rough diamond, also known as the Star of Africa, was cut into 9 main stones, the largest of which is the 530.2ct Cullinan I.

Do blood diamonds still exist 2021?

In the last decade, blood diamonds have been virtually eliminated from the global marketplace. Stricter regulation, as well as a renewed commitment from diamond manufacturers and retailers to work only with ethical suppliers, has transformed the global diamond industry for the better.

Who mined blood diamonds?

But Congolese mining officials say diamonds are a vital source of income—if not the only source—for an estimated 1 million small-scale, or artisanal, miners in Congo who dig by hand for the crystals that will one day adorn the engagement ring of a bride- or groom-to-be.

Does Tiffany use blood diamonds?

Tiffany & Co. only offers conflict-free diamonds. We have taken rigorous steps to assure that conflict diamonds do not enter our inventory. As global leaders in sustainable luxury, Tiffany & Co. is committed to sourcing natural and precious materials in an ethical and sustainable manner.

Are black diamonds rare?

Fancy black diamonds and Carbonados are both extremely rare. Only one in 10,000 natural diamonds are colored diamonds and only a portion of these colored diamonds are black. Because of their scarcity, natural black diamonds and Carbonados are the some of the most valuable and most costly.

Do purple diamonds exist?

The actual color of a purple diamond can range from very light lilac or near-pink to a deep and vivid color. The color can also range from a pinkish-purple to one with a cooler blue tone. Even though natural purple diamonds are very rare, there is a growing interest in purple colored diamonds.

Do green diamonds exist?

Green diamonds, when fashioned as gems, very rarely have a pronounced green body color. The most famous natural-color green diamond is considered by many to be the Dresden Green – the largest-known natural green diamond weighing approximately 41 carats. The Dresden Green has a storied history.