Sierra Leone's 'Peace Diamond' sells for $6.5 million at auction

The 14th largest diamond in the world sold for $6,536,360 (USD) in New York on Monday (December 4).

Sierra Leone will fund its development projects with the proceeds from the auction. This was the government's second attempt to sell the 709-carat uncut gem, known as the "Peace Diamond," after it rejected the highest bid of $7.07 million saying it failed to meet its own valuation at an initial auction in Sierra Leone's capital Freetown in May.

"I don't know what that offer in Sierra Leone was, …
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