Auction house Sotheby’s Dubai has unveiled a diamond that’s literally from out of this world.
Sotheby’s calls the 555.55-carat black diamond — believed to have come from outer space — “The Enigma.” The rare gem was shown off on Monday to journalists as part of a tour in Dubai and Los Angeles before it is due to be auctioned off in February in London.
Sotheby’s expects the diamond to be sold for at least 5 million British pounds ($6.8 million). The auction house plans to accept cryptocurrency as a possible payment as well.
Sophie Stevens, a jewelry specialist at Sotheby’s Dubai, told The Associated Press that the number five bears an importance significance to the diamond, which has 55 facets as well.
“The shape of the diamond is based on the Middle-Eastern palm symbol of the Khamsa, which stands for strength and it stands for protection,” she said. Khamsa in Arabic means five.
“So there’s a nice theme of the number five running throughout the diamond," she added.
Stevens also said the black diamond is likely from outer space.
“With the carbonado diamonds, we believe that they were formed through extraterrestrial origins, with meteorites colliding with the Earth and either forming chemical vapor disposition or indeed coming from the meteorites themselves,” she said.
Black diamonds, also known as carbonado, are extremely rare, and are found naturally only in Brazil and Central Africa. The cosmic origin theory is based on their carbon isotopes and high hydrogen content.
Starting at midnight on January 1, recreational marijuana became legal in California. Cannabis for medicinal purposes has been legal for more than two decades, but this legislation signals a change for the industry.
Medical marijuana has been legal in California for more than two decades, but cannabis is now sold legally in the Golden State. Alyssa Julya Smith visited one of three cannabis dispensaries that have received their license to sell recreational weed.
Starting at midnight on January 1, recreational marijuana became legal in California. Cannabis for medicinal purposes has been legal for more than two decades, but this legislation signals a change for the industry.
Recreational marijuana is officially legal in California. This makes it the sixth state to go green after Washington, Oregon, Alaska, Nevada, and Colorado. Governor John Hickenlooper (D-CO) shares his lessons from the legalization and regulation of marijuana in his state for California.
Even though California's recreational Marijuana law went into effect today, much of the country still does not have medical or recreational legalization. On top of that, the Federal government's laws are vastly different from states that have legalized. Paul Armentano is the Deputy Director of the National Organization for the Reform of Marijuana Laws and he joins Cheddar to give his take on how legalization will progress from here.
For some young employees, the most important benefit an employer can offer is not health care or 401K matching, but student loan repayment assistance. Companies are pursuing the option to lure millennial employees and keep them.
When you are sitting around with nothing to do, lots of consumers mindlessly pick up their phone and scroll on any one of their social media apps. That is why Dabbl wanted to optimize on this downtime. Dabbl is a new app and website that allows consumers to interact with branded content in exchange for points and cash at some of their favorite retailers.
The world has a new largest legal weed market in California. Cannabis Culture's Jodie Emery joins Cheddar to breakdown how the legalization rollout is going just one day into its implementation.
Brett Roper, CEO at Medicine Man Technologies, says that adults of all ages enjoy different methods of pot consumption, and as states legalize marijuana the Feds might have to bite the bullet.
BJ Carretta, CMO at marijuana dispensary MedMen, told Cheddar that if California is successful in raking in billions of state tax revenues, other states might follow suit.
