Exclusive look at 1,109-carat diamond

The second largest diamond ever recovered is in New York City. The 1,109-carat diamond is on display at Sotheby's on Manhattan's Upper East Side.

- The second largest diamond ever recovered is in New York City.  The 1,109-carat diamond named 'Lesedi La Rona' or 'light' is on display at Sotheby's auction house on Manhattan's Upper East Side.

The rough diamond, the first of its kind in more than 100 years, could sell for $70M at auction when it goes on the block in London in June.

The tennis ball size diamond was unearthed in Botswana in November at a mine owned by Canada's Lucara Diamond Corporation.  It is believed to be three billion years old.

David Bennett, chairman of Sotheby's jewelry division, called the discovery "the find of a lifetime" and the auction unprecedented.

"Not only is the rough superlative in size and quality, but no rough even remotely of this scale has ever been offered before at public auction," he said.

With the Associated Press.

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