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The largest gem - quality diamond ever found is the Cullinan diamond, found in 1 9 0 5 in South Africa. The uncut diamond weighed

The largest gem-quality diamond ever found is the Cullinan diamond, found in 1905 in South Africa. The uncut diamond weighed in at 3106.75 carats.
The cost per carat for large diamonds is $4 million per carat. Based on the price per carat, what would be the estimated value of the Cullinan diamond?
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