New York Museum Displays 55-carat Kimberley Diamond

Gem Investing

LiveScience reported that today the 55-carat Kimberley diamond, on loan from the Bruce F. Stuart Trust, debuted at New York’s American Museum of Natural History. Current processing techniques would crush a diamond of its size.

LiveScience reported that today the 55-carat Kimberley diamond, on loan from the Bruce F. Stuart Trust, debuted at New York’s American Museum of Natural History. Current processing techniques would crush a diamond of its size.

As quoted in the market news:

The champagne-colored ‘cape diamond’ was originally cut from a 490-carat stone found sometime before 1868 in the Kimberley Mine in South Africa … The diamond was later cut to 70 carats in 1921, and cut to its stunning present form in 1958.

The diamond, which is on loan from the Bruce F. Stuart Trust, is about 1.25 inches (3.2 cm), and virtually flawless, said exhibit curator George Harlow. The original diamond was fairly large, but there aren’t many descriptions of it, so its history isn’t well-known, Harlow told LiveScience.

Click here to read the full LiveScience report.

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