Bhopal(Madhya Pradesh): Lengthy wait will lastly come to an finish for almost 70 fortunate individuals who have discovered the diamonds in Panna as in all 204 treasured stones will likely be going beneath the hammer on Tuesday.

The Panna Diamond workplace stated that the entire weight of 204 diamonds stands at 355.96 carats and the estimated worth of the diamonds is at the moment Rs 4 crore. The diamonds are anticipated to fetch greater than the estimated worth within the public sale. The heaviest diamond is of 11 carat and it’s anticipated to fetch the best bid within the public sale. The second heaviest diamond weighs 9 carat. 

Merchants from different states and cities similar to Rajasthan, Maharashtra, New Delhi,  Gujarat are anticipated to show up for the bidding.

Diamond Examiner at Panna Diamond Workplace, Anupam Singh speaking to Free Press stated that the diamond public sale course of will likely be performed in room quantity 37 of the Collectorate constructing.

The folks, lots of them from financially weaker sections, are holding their fingers crossed because the countdown for the public sale begins. Labourers, forest dwellers, native villagers and customary man apart from the individuals who had taken the mines on contract are among the many lot of 70 folks on whom luck had smiled. Curiously, there are just a few who had stumbled upon diamonds throughout their morning stroll or in accumulating firewood within the jungle.

A couple of who’ve discovered diamonds in open locations like Panna By Go street, are poor and have by no means imagined proudly owning a diamond . Now with the public sale of their diamond, these persons are all set to change into ‘lakhpati’.

A bidder has to deposit Rs 5000 to take part within the public sale and if his bid is highest then he has to deposit 50% of the diamond. The remaining fifty per cent quantity must be deposited inside a month.