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A massive 478-carat diamond was found at the Letseng Mine, in Lesotho, a small kingdom in South Africa. It is the 20th largest rough diamond ever found, and it came from a mine that has already delivered three of the world’s largest diamonds: the 603-carat Lesotho Promise, the 493-carat Leteng Legacy and the 601-carat Lesotho Brown. A similar but smaller-sized rough stone has recently been valued at $12 million. It is hoped that the uncut diamond will be capable of producing a 150-carat polished gem stone, dwarfing the current largest Koh-i-Noor diamond, which is a part of the Crown Jewels. Here is a fun carat fact:  A diamond's weight is represented in carats. Carat is a measurement of weight, NOT size. Weight impacts the price most dramatically out of the various diamond characteristics. This is why some diamonds have poor cut to retain diamond rough and larger carat size equating to a higher selling price.
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