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Sierra Leone rejects winning auction bid for 706-carat uncut diamond

WATCH: Sierra Leone demands more money for its 706-carat uncut diamond.

Going… going.. not quite gone.

This is one of the world’s largest diamonds, discovered by a Christian pastor in eastern Sierra Leone‘s Kono.

But an auction for its sale in Freetown has failed after the government rejected the winning offer.

READ MORE: 706-carat diamond found in Sierra Leone is one of the world’s biggest

Five bids in sealed brown envelopes were handed to auctioneers.

They ranged from 2 to 7.8 million dollars, the top bid coming from this man, Ziad al-Ahmadi, on behalf of a Belgian dealer.

The government deemed the price tag was too small, for the largest uncut diamond to be found in the country for forty years.

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READ MORE: ‘Pink Star’ diamond becomes world’s most expensive gem (again)

And for an idea of just how enormous the stone is, the engagement ring Brad Pitt gave to Angelina Jolie had a 7-carat stone.

At 706-carat, Sierra Leone‘s gem is over a hundred times bigger.

The government say it’ll now hold an international auction, bidding of its own to find a buyer willing to upsize the price tag.

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