Rare Pink Diamond: Rare Pink Diamond Found For The First Time In 300 Years, See Photos Of This Priceless 170 Carat Diamond

The Lukapa Diamond Company said in a statement to investors that a 170-carat pink diamond - called The Lulo Rose - was discovered at the Lulo mine in the country's diamond-rich northeast, news agency AP reported.

Rare Pink Diamond: Rare Pink Diamond Found For The First Time In 300 Years, See Photos Of This Priceless 170 Carat Diamond

Many types of rare things are found in various searches on the earth.  But this time such a rare pink diamond has been discovered, which is believed to be the first largest diamond found in 300 years. This rare pink diamond has been discovered in the Central African country of Angola. This is the largest diamond ever found.  It is 170 carats.

The Australian site operator announced this on Wednesday.  Lukapa Diamond Company has named it 'Lulo Rose'.  Rare diamond discovered from northeastern mine of Angola.  Such pink diamonds are sold at very expensive prices in the market.  Significantly, in 2017, the 59.6-carat Pink Star was sold at a Hong Kong auction for $71.2 million.  This is the most expensive diamond ever sold.

Angola's Minister of Mineral Resources

Diamantino Azevedo said, "This magnificent pink diamond recovered from Lulo will give Angola a new identity on the world stage.  It is being told that its price is going to be very high.  However, its true value will be known only when the diamond is cut and polished.

Explain that after cutting and polishing, the weight of the diamond is reduced by 50 percent.  The 59.6-carat Pink Star was sold at a Hong Kong auction in 2017 for US$71.2 million.  This is the most expensive diamond ever sold.