The 14th largest diamond in the world sold for $6,536,360 (USD) in New York on Monday. Sierra Leone will fund its development projects with the proceeds from the auction. This was the government's second attempt to sell the 709-carat uncut gem, known as the "Peace Diamond," after it rejected the highest bid of $7.07 million saying it failed to meet its own valuation at an initial auction in Sierra Leone's capital Freetown in May.
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6 years ago
