Another extravagant investment by Louis Vuitton’s parent company LMVH, following its recent acquisition of the iconic New York jeweler Tiffany and Co. in November last year, is a 1,758-carat rough diamond recovered in Botswana, the world’s second-largest diamond nicknamed Sewelo.
The “rare find” is still under evaluation, and the price will only be revealed after it has been polished—the diamond was originally recovered by Lucara Diamond Corp last April in Botswana, meaning the planning, cutting, and polishing of a collection of diamonds from Sewelô will be the purpose of the collaboration between a miner, a cutting-edge manufacturer and a large luxury brand.