Louis Vuitton has always been known for its luxurious products, from their iconic handbags to their high-end jewelry. Recently, Louis Vuitton made headlines with the purchase of a stunning diamond that has left many people curious about the details of this purchase. In this article, we will delve into the specifics of how much Louis Vuitton bought the diamond for.
The Purchase
Louis Vuitton purchased a massive 1,758-carat diamond from Lucara Diamond Corp. This diamond is known as the “Sewelô” and was discovered in Botswana’s Karowe mine in 2019. The Sewelô is one of the largest diamonds ever discovered and is certainly a sight to behold.
The Price
The price that Louis Vuitton paid for the Sewelô diamond has not been disclosed publicly. However, Lucara Diamond Corp has stated that they sold it for an initial price of $50 million. It is rumored that Louis Vuitton paid a premium on top of this initial price to secure ownership of this magnificent gem.
The Value
The value of the Sewelô diamond extends far beyond its price tag. Its size and unique characteristics make it one-of-a-kind and highly sought after by collectors around the world. The Sewelô diamond will be used by Louis Vuitton to create high-end jewelry pieces that are sure to turn heads.
The Cut
After purchasing the Sewelô diamond, Louis Vuitton chose to partner with HB Antwerp, a cutting-edge diamond cutting and polishing company, to cut and polish the gemstone into smaller pieces suitable for jewelry making. The team at HB Antwerp took on this challenge with great skill and precision, creating several beautiful diamonds from the original stone.
- The largest diamond produced from the Sewelô is a 549-carat diamond that was named the “Sethunya,” which means “flower” in Setswana.
- Other smaller diamonds were also created from the Sewelô, and each one is unique in its own way.
Louis Vuitton’s Vision
Louis Vuitton’s purchase of the Sewelô diamond is more than just an extravagant purchase. It represents the brand’s commitment to creating high-quality, luxurious products that are unique and exceptional. The diamonds that were produced from the Sewelô will be used to create stunning jewelry pieces that are sure to become treasured heirlooms.
Conclusion
While the exact price that Louis Vuitton paid for the Sewelô diamond may remain a mystery, it is clear that this purchase was a significant investment for the brand. The creation of these exquisite diamonds and their use in Louis Vuitton’s jewelry pieces will undoubtedly leave a lasting impression on both those who admire them and those who have the privilege of owning them.
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