President Vargas diamond, Brazilian stone weighing about 727 carats in rough form. It was discovered in the Santo Antônio River, Minas Gerais, and named for the nation’s president, Getulio Vargas. The diamond was cut in New York into 29 stones ranging in weight from about 5 to 48 carats.

This article was most recently revised and updated by John P. Rafferty.
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