26 January 1905: the world’s largest diamond, the Cullinan, is discovered

On this day in 1905, the largest diamond ever discovered was plucked out of the rock in the Premier diamond mine in the Transvaal, South Africa.

Frederick Wells, manager of the Premier mine in South Africa, couldn't believe his luck when on 26 January 1905 (some sources put it a day earlier), he stumbled upon the largest diamond ever discovered a huge 0.6kg gem, weighing 3,106.75 carats. It was compared to an oversized lump of light-coloured barley sugar, and was presented to the mine's owner Sir Thomas Cullinan.

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Chris Carter
Wealth Editor, MoneyWeek