27 Feb 2010

Egg-sized diamond sold for $50 million

9:01 pm on 27 February 2010

An uncut diamond the size of a hen's egg has sold in London for a record price of $NZ50 million.

Weighing 100 grams, the rough diamond is the 19th-largest ever discovered.

Experts say it has the potential to become one of the world's foremost gems once it's cut and polished.

The 507-carat diamond was found in a South African mine in September.