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Stargems, Choron Partner To  Buy 425-Carat Cullinan Legacy For $15M

Petra Diamonds announced that it had sold the 424.89-carat Legacy of the Cullinan Diamond Mine rough diamond to a partnership between the Stargems Group and Choron Diamonds, both diamond Antwerp-headquartered industry players with global footprints, for just under $15 million.

The diamond is a  D colour, Type IIa gem mined from the Cullinan mine’s C-Cut and is one of many famous diamonds to have originated from this historic South African mine.

Petra CEO Richard Duffy commented, “This is a significant sale for Petra Diamonds and an endorsement of the quality not only of the Legacy diamond, but also the Cullinan ore body itself, which is known for its stones.”

Stardoms Group Chairman Shailesh Javeri observed, “The Cullinan diamond mine has produced some of the most iconic diamonds the world has ever seen and as a key client of Petra Diamonds we are honoured to have the opportunity to polish the Legacy of the Cullinan Diamond Mine.

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