Graff splashes out another £14m on rough diamonds

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Diamond mogul acquires two stones recovered from Letseng.

Laurence Graff, proud owner of the world’s most expensive diamond sold at auction, has now acquired two new stones.

The diamond mogul has bought two rough diamonds, recovered from the Letšeng mine in Lesotho this year, at a sealed-bid tender in Antwerp. Graff paid US$22.7 million (£14.4m) for a 196ct rough diamond and a 184ct rough diamond.

Graff said: “We are delighted with the successful acquisition of these two major stones. This purchase further demonstrates our continuing investment in the industry and the world’s finest diamonds. We look forward to the challenge of cutting and polishing these stones and releasing their full potential.”

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