Advanced Search

Jackie O Lesotho III Diamond Sells for $2.6 Million at Sotheby's

May 21, 1996 12:52 PM  
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
In a bidding frenzy at Sotheby's the historic Lesotho III diamond,

given to Jackie Kennedy as an engagement ring by Aristotle Onassis,

sold for $2,587,500 (estimated at $500,000 to $600,000). The L-

color, VS2, marquise shaped 40.42 carat ring flanked by tapered

baguettes came with an original working diagram stating that the stone

may be potentially flawless. The stone was cut from the 601 carat

rough Lesotho Diamond the eleventh largest gem quality diamond ever

found. The diamond was discovered in 1967 in Lesotho South Africa by

Ernestine Ramaboa the wife of digger Petrus Ramaboa. The diamond is

the largest ever discovered by a woman. The couple traveled on foot to

Maseru the capitol of Lesotho to sell the diamond which was eventually

purchased by Harry Winston. The stone was exhibitied at the

Smithsonian Institution in Washington , D.C and the Musuem of Natural

History in New York before being cut into 18 gems. The stone was

cleaved by Winston master-cutter Pastor Colon in a live televised

broadcast in March of 1968. The Lesotho III was the third largest of

the group and hence its name.

Tags: Harry Winston, Lesotho, Sotheby's, South Africa
Similar Articles
Tango Firestone BK11 mine BotswanaFirestone Upbeat on Early Liqhobong Results
Apr 26, 2017
Firestone Diamonds continues to yield large special stones at its Liqhobong mine in Lesotho and expects to complete...
de beers sortingDe Beers Sales Rise Amid Market Recovery
Apr 24, 2017
De Beers’ rough-diamond sales and production grew in the first quarter, signaling upbeat sentiment in the manufacturing...
© Copyright 1978-2017 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.