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Principale » Peace Diamond: Precious Stone Fetches $6.5m In New York

Peace Diamond: Precious Stone Fetches $6.5m In New York

05 Décembre 2017

Dennis Kabatto, from Sierra Leone, holds the 709-carat diamond as it is presented during a news conference before auction in New York, US, November 21, 2017.

A huge so-called "peace diamond" sold by the government of Sierra Leone to discourage crime-tainted "blood diamonds" fetched $6.5 million on Monday.

Found by a company led by a Christian pastor, the diamond was given to the government in the hopes it would handle the sale in a way that leaves more profits and development potential in Sierra Leone.

The global diamond trading network that handled the auction, the Rapaport Group, said the stone had gone to British billionaire and jeweler, Laurence Graff.

The government is now expected to use the money raised to improve conditions in the village of Koryardu, including the introduction of a fresh supply of water, electricity, roads, medical care and the building and maintenance of schools.

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In an interview with the BBC, the pastor defended the decision to handover the diamond to the government instead of selling it to middlemen.

The Peace Diamond is on display at the Rapaport Group on December 4, 2017 in midtown NY.

Momoh said he was happy to be in the NY to help negotiate the price for the diamond.

"We showed the diamond everywhere".

The United Nations lifted a ban on diamond exports from Sierra Leone in 2003, though the $113 million sector is plagued by smuggling.

Peace Diamond: Precious Stone Fetches $6.5m In New York