AuctionsApr 28, 2022
15-Carat Fancy Vivid Blue Diamond Sells for $57.5MSourcingJul 28, 2022
Lucapa Says This 170-Carat Diamond Is the Largest Pink Found in 300 Years
The type II diamond came out of the Lulo alluvial mine in Angola and will be sold via international tender.
Luanda, Angola—An alluvial diamond mine in Angola has yielded a 170-carat diamond said to be the largest pink diamond recovered in hundreds of years.
Lucapa Diamond Company Limited, Endiama E.P. and Rosas & Petalas, partners in operating the Lulo mine, announced the discovery Wednesday.
They’ve dubbed the stone “The Lulo Rose,” and claim it’s the largest pink diamond unearthed in 300 years, making its recovery a “significant day” for the Angolan diamond industry, said José Manuel Ganga Júnior, chairman of the board of Endiama, Angola’s state-run diamond company.
Lucapa said the last pink diamond to exceed the Lulo Rose in size was the rough that resulted in the 242-carat pink “Great Table Diamond,” which famous jeweler and traveler Jean-Baptiste Tavernier wrote about in 1642.
The Great Table did not survive.
According to Lang Antiques’ Antique Jewelry University, the diamond was involved in an “unrecorded accident” and had to be cut into two smaller stones, the 182-carat “Darya-ye-Noor” (also spelled “Darya-i-Noor”) and the 60-carat “Nul-ul-Ain.”
The Darya-ye-Noor is now part of the Iranian Crown Jewels and is currently held in the Central Bank of Iran in Tehran.
While the discovery of a 170-carat pink diamond is rare, The Lulo Rose is the 27th 100-carat-plus diamond recovered from Lulo since Lucapa and its partners began mining there in January 2015.
Lulo has produced Angola’s two largest diamonds on record, the biggest of which was the 404-carat “4th February Stone.”
Mined in February 2016, the Type IIa D-color stone sold the following month for $16 million, or nearly $40,000 per carat.
In a statement on the discovery of The Lulo Rose, Lucapa Managing Director Stephen Wetherall called the alluvial mine an “exceptional resource” that is “a gift.”
“We are once again made very proud by yet another historic recovery,” he said. “We too look forward to our partnership progressing its exploration effort, where we are now bulk sampling the priority kimberlites, in search for the primary kimberlite sources of these exceptional and high-value diamonds.”
Lucapa said the company is not releasing any estimates on The Lulo Rose’s potential sale price.
Sodiam E.P., Angola’s state-owned diamond marketing company, will sell the diamond via an international tender at a yet-to-be-determined date.
Related stories will be right here …
Lucapa Diamond Company Limited, Endiama E.P. and Rosas & Petalas, partners in operating the Lulo mine, announced the discovery Wednesday.
They’ve dubbed the stone “The Lulo Rose,” and claim it’s the largest pink diamond unearthed in 300 years, making its recovery a “significant day” for the Angolan diamond industry, said José Manuel Ganga Júnior, chairman of the board of Endiama, Angola’s state-run diamond company.
Lucapa said the last pink diamond to exceed the Lulo Rose in size was the rough that resulted in the 242-carat pink “Great Table Diamond,” which famous jeweler and traveler Jean-Baptiste Tavernier wrote about in 1642.
The Great Table did not survive.
According to Lang Antiques’ Antique Jewelry University, the diamond was involved in an “unrecorded accident” and had to be cut into two smaller stones, the 182-carat “Darya-ye-Noor” (also spelled “Darya-i-Noor”) and the 60-carat “Nul-ul-Ain.”
The Darya-ye-Noor is now part of the Iranian Crown Jewels and is currently held in the Central Bank of Iran in Tehran.
“The Lulo Rose” next to an 80-carat white diamond also mined at Lulo (Photo courtesy of Lucapa Diamond Company Ltd.)
While the discovery of a 170-carat pink diamond is rare, The Lulo Rose is the 27th 100-carat-plus diamond recovered from Lulo since Lucapa and its partners began mining there in January 2015.
Lulo has produced Angola’s two largest diamonds on record, the biggest of which was the 404-carat “4th February Stone.”
Mined in February 2016, the Type IIa D-color stone sold the following month for $16 million, or nearly $40,000 per carat.
In a statement on the discovery of The Lulo Rose, Lucapa Managing Director Stephen Wetherall called the alluvial mine an “exceptional resource” that is “a gift.”
“We are once again made very proud by yet another historic recovery,” he said. “We too look forward to our partnership progressing its exploration effort, where we are now bulk sampling the priority kimberlites, in search for the primary kimberlite sources of these exceptional and high-value diamonds.”
Lucapa said the company is not releasing any estimates on The Lulo Rose’s potential sale price.
Sodiam E.P., Angola’s state-owned diamond marketing company, will sell the diamond via an international tender at a yet-to-be-determined date.
More on Sourcing
The Latest
AuctionsNov 13, 2026
Historic ‘Romanov Sapphire’ Achieves $4.9M at Sotheby’sThe 197-carat Russian Crown jewel was the leading lot of Sotheby's white-glove Royal & Noble Jewels sale this week.
CollectionsNov 13, 2026
Maison Marcelle’s Bracelet Flows Like FabricThe “Équation” bracelet, our Piece of the Week, was built via 24 gold modules assembled into a piece that feels like fabric on the wrist.
IndependentsNov 13, 2026
Texas Jeweler to Close After 111 YearsAlter’s Gem Jewelry in Beaumont, Texas, is closing as Brian and Lori Alter retire to spend more time with family.
Brought to you by
DSF Antique Jewelry: Fine Jewelry, Signed Designers, and a World of Rare DiscoveriesWith over 50 years experience in the trade, DSF Antique Jewelry offers quality, craftsmanship, condition, and remarkable variety.
Events & AwardsNov 13, 2026
Tiffany & Co., CFDA Unveil Second Jewelry Designer Award Finalists Five finalists have been chosen for the Tiffany & Co. x CFDA Jewelry Designer Award’s second cycle.
Weekly QuizNov 12, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CrimeNov 12, 2026
1 of 7 Men Charged in $100M Brinks Heist to Plead GuiltyThree of the other alleged perpetrators will stand trial next March, while two remain on the lam and one was deported late last year.
AuctionsNov 12, 2026
24-Carat ‘Bulgari Pink’ Diamond Sells for $14.8MUnseen for more than seven decades, the fancy intense pink diamond was the star of Christie’s Geneva jewelry auction.
Brought to you by
How Overnight Mountings’ Bridal Builder Makes Custom Engagement Ring Design Easier to SellWith customization becoming more expected in engagement ring shopping, the Bridal Builder makes the process tangible.
WatchesNov 12, 2026
Zadok Jewelers Now Offers Certified Pre-Owned Rolex WatchesThe curated selection is available online and at its showroom in Austin, Texas.
IndependentsNov 12, 2026
Greenberg’s Jewelers Welcomes New Fourth-Generation MembersThe next generation understands what makes the 126-year-old retailer special, said CEO and Co-President Elise Greenberg.
Lab-GrownNov 10, 2026
GIA Examines Pink Lab-Grown Diamond Made to Look NaturalThe 6-carat CVD-grown pink diamond was “deliberately modified” to mimic the appearance of a natural rough diamond, the lab said.
ColumnistsNov 10, 2026
Who Checks the Facts When AI Writes Your Jewelry Copy?An incorrect AI-generated ad or product description can cost your store valuable consumer trust.
Events & AwardsNov 09, 2026
Here Are the 2027 Gem Award NomineesThese nine individuals and brands are up for a Gem Award in the Jewelry Design, Media Excellence, and Retail Innovation categories.
CrimeNov 09, 2026
Jeweler Pistol-Whipped, $900K in Jewelry Stolen During Home Invasion The incident, which happened in Miami-Dade County, serves as a reminder to jewelers of the dangers of selling and storing jewelry at home.
GradingNov 09, 2026
GIA Acquires Thousands of Gem Specimens With ‘Extraordinary’ InclusionsGIA Analytical Microscopist John Koivula curated the collection of 2,665 crystals, gems, and minerals over a 60-year span.
CollectionsNov 09, 2026
Bibi van der Velden’s Alligators Become High JewelryThe “Eclipse” collection, the brand’s first high jewelry line, centers its alligator motif in diamond and spinel jewels.
EditorsNov 06, 2026
The Spectrum Pieces I Can’t Stop Thinking AboutFrom a Betta fish brooch to a “dragon’s trove” of zircon eggs, here are seven pieces that’ve stuck with Associate Editor Lauren McLemore.
TrendsNov 06, 2026
Pat Pruitt’s DragonFly Earrings Take Flight on Election NightGroundbreaking New Mexico Governor-elect Deb Haaland wore the earrings, our Piece of the Week, when she declared victory on Tuesday.
MajorsNov 06, 2026
SNL’s Colin Jost Finds the Perfect Gift in Kay Jewelers’ Holiday AdJost goes on an epic journey, traversing rough seas and encountering a cyclops, to discover the perfect holiday gift.
Supplier BulletinNov 05, 2026
Winning With GCAL 8X®: What’s Working at the CounterSponsored by GCAL by Sarine
SurveysNov 05, 2026
What Retailers Should Know About Holiday Shoppers This YearFrom shrinking budgets to AI elves, here are five takeaways from holiday reports by Bain, Adobe, Mastercard, NRF, and insights from YouGov.
CollectionsNov 05, 2026
Judi Powers, Russell Jones Unleash Joy With New CollaborationThe designers combined their talents for Little Pet Portraits, hand-painted miniatures of our best friends set in a piece of jewelry.
FinancialsNov 05, 2026
Brilliant Earth Continued to Resonate With High-Income Shoppers in Q3Its non-bridal fine jewelry remains the star of the show, recently launching new collections inspired by Elizabeth Taylor and Jane Goodall.
MajorsNov 05, 2026
Ariana Grande Stars In Swarovski’s Holiday Campaign“Joy: The Swarovski Musical” features Ariana Grande as the leading lady in scenes inspired by classic musical montages.
GradingNov 05, 2026
GIA to Offer Next-Day Holiday ServicesThe lab will bring back its complimentary next-day service for some reports starting next week.
CrimeNov 04, 2026
$250K+ in Undeclared Cartier Jewelry Seized at Philadelphia AirportA Pennsylvania woman failed to declare a ring and a bracelet, discarding the boxes and receipts to conceal the purchases, officials said.
FinancialsNov 04, 2026
Pandora’s Q3 Sales Up 7% Amid Focus on DesignNew collections and relevant marketing pushed the company forward, while Pandora’s lab-grown diamond sales continue to lag.
