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World’s largest pink diamond found: ‘Lulo Rose’ can be sold for a fortune

The world's largest pink diamond has been found: An incredible income is expected from the sale of the diamond, called the “Lulo Rose”.
 World’s largest pink diamond found: ‘Lulo Rose’ can be sold for a fortune
READING NOW World’s largest pink diamond found: ‘Lulo Rose’ can be sold for a fortune

One of the world’s largest pink diamonds ever found was discovered in Angola. This rare diamond, called the “Lulo Rose”, will be put up for sale in the international market. The price has not been set at this time, but since the pink diamonds are worth tens of millions of dollars, it is thought that this diamond will also sell for a fortune.

In 2017, the 59.6-carat “Pink Star” diamond sold for $71.2 million at an auction in Hong Kong, breaking the record as the world’s most expensive diamond. The newly found pink diamond, called the “Lulo Rose”, is 170 carats.

Endiama Chairman of the Board Dr. “This time, the Lulo diamond mine has given us an extremely rare and beautiful pink diamond,” José Manuel Ganga Júnior said in a statement. Africa is a particularly diamond-rich region of the world, mainly because it has high-density volcanic pipes called “Earth’s pores” that run through the planet’s outermost crust.

There are several theories about how pink diamonds form, but there is no agreed-upon consensus. Other diamonds get their color from chemical impurities that absorb light. For example, yellow diamonds contain traces of nitrogen and blue diamonds contain boron. But pink diamonds are a little different. One of the most robust theories suggests that the pink diamonds were produced by a type of seismic shock that changed the molecular structure of the stone.

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