A 26.11 carat diamond discovered lately by a brick kiln operator in Panna was bought for Rs 1.62 crore, whereas 87 different tough diamonds fetched a complete of Rs 1.89 crore throughout an public sale held right here in Madhya Pradesh, an official mentioned on Sunday.
The public sale was performed on February 24 and 25 in MP’s ‘diamond metropolis’ Panna, situated 380 km from the state capital Bhopal,
On the primary day, 36 diamonds collectively weighing 82.45 carats have been bought for Rs 1.65 crore, Panna district collector Sanjay Kumar Mishra mentioned.
Besides, 52 diamonds weighing 78.35 carats fetched Rs 1.86 crore on the second day.
During the public sale, the very best worth of Rs 1.62 crore was fetched by a 26.11 carat diamondwhich was present in a mine right here on February 21, the official mentioned.
The public sale for this valuable stone began from Rs 3 lakh per carat and went as much as Rs 6.22 lakh per carat, he mentioned, including that such a giant diamond was present in Panna after a very long time.
An area dealer purchased this diamond, which was discovered by Sushil Shukla, who operates a small-scale brick kiln enterprise, in a shallow mine situated in Krishna Kalyanpur space.
The proceeds might be given to the miner after the deduction of presidency royalty and taxes.
Panna district has reserves estimated to be containing diamonds price 12 lakh carats, in response to officers.
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With inputs from TheIndianEXPRESS
