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Rapaport to Auction 709ct. Peace Diamond
Oct 15, 2017 3:53 AM
By Rapaport
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RAPAPORT PRESS RELEASE, October 15, 2017, New York… The Government
of Sierra Leone is pleased to announce the appointment of the Rapaport Group as
the marketing and sales agent of the Peace Diamond. This 709-carat diamond,
discovered by diamond diggers in the village of Koryardu, is the third-largest
diamond ever found in Sierra Leone and the 14th-largest worldwide. The Peace
Diamond is special because it is a development diamond. Over 50% of its sale value
will directly benefit the community where the diamond was discovered and the
people of Sierra Leone.
An international online press conference for the Peace Diamond will be
held on Tuesday, October 17 at 2 p.m. Freetown time (GMT), 10 a.m. New York time (EST). Additional
information will be provided including the viewing schedule, auction date,
videos and images. To participate in the press conference or to request a
viewing of the diamond please email PeaceDiamond@Diamonds.Net.
“The Peace Diamond will greatly improve the lives of our people as it will
bring clean water, electricity, schools, medical facilities, bridges and roads
to our villages and the Kono District. This diamond represents our hope for a better
future as the resources of Sierra Leone fund growth, development and jobs,”
said Pastor Emmanuel Momoh, the owner of the diamond.
“I thank the local chief and his people for not
smuggling the diamond out of the country, and the owners should get what is due
to them and it should also benefit the country as a whole. The Government remains committed to
ensuring a transparent and competitive auction process that will ensure fair
market value for Sierra Leone’s diamonds,” said Dr. Ernest Bai Koroma, President
of Sierra Leone. “We call on the worldwide diamond industry to bid
generously for the Peace Diamond as it will bring vital infrastructure and
benefit to thousands of Sierra Leone’s artisanal diggers.”
“I believe in the positive energy of the Peace Diamond and the great
good it will do for the people of Sierra Leone. The lucky buyers of the Peace
Diamond and the resultant polished Peace Diamonds can take pride in knowing
that they have created a better life for tens of thousands of people. This is a
diamond that makes the world a better place. This is a diamond with spiritual
sparkle,” said Martin Rapaport, Chairman of the Rapaport Group.
Rapaport Media Contacts: PeaceDiamond@diamonds.net
U.S. Office: Sherri Hendricks +1-702-216-1041
International: Gabriella Laster +1-718-521-4976
About
the Rapaport Group: The Rapaport Group is an international network of companies providing
added-value services that support the development of ethical, transparent,
competitive and efficient diamond and jewelry markets. Established in 1976, the
Group has more than 20,000 clients in over 121 countries. Group activities
include Rapaport Information Services, providing the Rapaport benchmark Price
List for diamonds, as well as research, analysis and news; RapNet – the world’s
largest diamond trading network, with over 15,000 members in 95 countries and
daily listings of over 1.4 million carats valued at over $8 billion; Rapaport
Laboratory Services, providing GIA and Rapaport gemological services in India,
Israel and Belgium; and Rapaport Trading and Auction Services, the world’s
largest recycler of diamonds, selling over 500,000 carats of diamonds a year.
Additional information is available at www.Diamonds.Net. |
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Tags:
Development diamond, large diamonds, Peace Diamond, Rapaport, Sierra Leone
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