Hong Kongs Chow Tai Fook Jewellery Company bought the Cullinan Heritage stone for $35.3m, Petra Diamonds announced on Friday.Petra recovered the gem, the 19th largest ever found - described as the size of a chicken's egg, from its Cullinan mine near Pretoria in South Africa in September last year.
Petra Diamonds plans to sell a 507-carat uncut diamond from their Cullinan mine in an auction on Friday. It could sell for about $25 million.
A 507-carat diamond, one of the biggest ever found and worth an estimated $25 million, is expected to be sold on Friday after attracting more buying interest than expected, seller Petra Diamonds said.
Bonhams and Butterfields will auction off what is believed to be the world's second-largest documented pearl, a five-pound gem found off the coast of the Philippines that has been dubbed the "Palawan Princess."The natural non-nacreous pearl was found in sal****er near the Philippines' Palawan island and "bears an uncanny resemblance to a human brain," the auction house said. Both rare and immense, the gem is thought to be surpassed in size only by the 14-pound "Pearl of Allah," an approximately 14-pound, 31,893.5-carat pearl that, like the Palawan Princess, was the product of the giant clam shell Tridacna gigas and was also found off the coastal waters of the Philippines.
The South Suburban Earth Science Club celebrates their 40th Annual South Suburban Earth Science Clubs Fossil, Gem, Mineral and Jewellery Show on Saturday and Sunday, October 17th and 18th, from 10:00 a.m. to 5:00 p.m. The show is held on the first floor in the gym at Prairie State College, 202 South Halsted St., Chicago Heights, IL . The school is fully accessible to the handicapped.