Gem dealers struggle to put price tag on world’s second-largest diamond

Gem dealers are facing difficulty to set a price for the world’s second largest diamond, a 2,492-carat stone, discovered by Canadian mining firm Lucara in Botswana last year.

The gem dubbed as Motswedi is looking for a buyer but setting a price tag for it has proved to be a hectic task for gem dealer HB Antwerp.

In an interview with AFP, HB Antwerp’s public affairs director Margaux Donckier said, “It is very hard to put a price tag for the stone because we haven’t examined it yet.”

Donckier added, “After inspection, the dealership would be able to analyse what can be yielded from the diamond in polished form.”

Motswedi is the second largest diamond ever discovered and the largest in the last 120 years. In 1905, a 3,106-carat stone was discovered in South Africa and it now forms part of the British crown jewels.

HB Antwerp is showcasing three distinct gems including Motswedi and also the third largest diamond ever discovered.

The company didn’t put an individual price tag but aims to earn a collective amount of more than $100 million by selling all three gems.

The public affairs director said that the stone’s size is exceptionally rare and they could perfectly end in a museum or a sheikh who wants to add it to his collection.