The Cullinan Diamond is the largest gem-quality rough diamond ever found, weighing 3,106 carats (621.20 g), discovered at the Premier No.2 mine in Cullinan, South Africa, on 26 January 1905. It was named after Thomas Cullinan, the owner of the mine. In April 1905, it was put on sale in London, but despite considerable interest, it was still unsold after two years. In 1907, the Transvaal Colony government bought the Cullinan and Prime Minister Louis Botha presented it to Edward VII, the British king who reigned over the territory. It was then cut by Joseph Asscher & Co. in Amsterdam.