Largest Diamonds in the World The Golden Jubilee, with the weight of 545.67 carats, is the largest faceted diamond in the world. Rough stone weighed 755 carats and was discovered in Premier mine, South Africa in 1985. The Golden Jubilee was presented to the King of Thailand in 1997 for his Golden Jubilee - the 50th anniversary of his coronation. Prior to this event, the stone was simply known as the Unnamed Brown. Estimated value of the Golden Jubilee is $4-$12 million.