RAPAPORT… Merlin Diamonds has a sold a white rough diamond from its
mine in Australia for $157,880, or $11,898 per carat, it said Monday.
The 13.27-carat stone is of “very high” quality and has D
color, Merlin said in a statement, claiming that, once polished, the diamond
could gain the GIA’s D-flawless grade.
“This augurs well for future white-diamond production at
Merlin, especially in larger sizes,” the company said.
Merlin Diamonds sources its goods from the Merlin mine in
Australia, which it acquired from Rio Tinto in 2004.
Merlin Upbeat After 13ct. Diamond Sale
The Bottom Line
- Merlin Diamonds sold a 13.27-carat white rough diamond for $157,880, or $11,898 per carat.
- The stone is D-color and of very high quality, with potential to achieve a D-flawless grade after polishing.
- Merlin acquired its Australian mine from Rio Tinto in 2004 and sees this sale as positive for future large white-diamond production.
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