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Petra Sells 5 Blue Cullinan Diamonds for $40.36 Million

The rare gems weigh 85.6 carats and were mined at the famed Cullinan mine
petra blue diamonds Letlapa collection
Credit: Petra Diamonds

Petra Diamonds sold five rare blue diamonds from the Letlapa Tala Collection,weighing 85.6 carats in total, to a partnership between De Beers and Diacore for $40.36 million, Rough & Polished reports.


Letlapa petra blue diamonds
Credit: Petra Diamonds


The five Type IIb blue diamonds, ranging in size from 9.6 carats to 25.8 carats, were mined at Petra’s flagship Cullinan mine in South Africa.


Cullinan diamond South Africa
Credit: Petra


Petra chief executive Richard Duffy commented: “[…] We believe this to be the first time that five rough blue diamonds of significant size, colour and clarity have been offered for sale at one time and we are delighted that the collection has been bought in its entirety”.

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