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North America’s Largest-Ever Diamond Found - Carlos Gamino
News from Attorney Carlos Gamino

North America’s Largest-Ever Diamond Found

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By Carlos Gamino

A Canadian mining company found the largest known diamond ever to be found in North America in mid-December, and it's absolutely tremendous. 

The diamond, found by Dominion Diamond Mines - which is a fair-trade firm that specializes in conflict-free diamonds - is 552 carats. It's a yellow diamond, and crews unearthed it in northern Canada, about 135 miles south of the Arctic Circle. The largest diamonds are usually found in southern Africa, but this one is the seventh-largest diamond discovered this century.

552 carats measures up to about the size of a chicken's egg. The previous North American record was for a 187.7-carat diamond found in the same mine. The last record-holder was on display in the Smithsonian, right next to the Hope Diamond, during 2016, before it was turned into a pair of yellow earrings that sold for over $1.5 million. 

"The color and texture of the diamond are a unique example of the journey that natural diamonds take from their formation until we unearth them," Kyle Washington, chairman of Dominion Diamond Mines, said in a press release.

In November, a rare pink diamond sold for a world-record price at a Christie's auction: over $50 million. The pink diamond was purchased by Harry Winston, 
renowned jewelry brand, but there's no word on what they'll do with it yet.

What Do You Think?

What would you do if you owned North America’s largest diamond? I’d love to hear your ideas, so please share your thoughts on my Facebook page or on Twitter.

Carlos Gamino