Get ready for some really big rings. An insanely huge 1,111-carat diamond was discovered this week in a mine in Africa. The massive gem is the largest to be found this century, and the second largest ever recovered. The diamond that reigns supreme was an unimaginable 3,106 carats. 

According to Lucara Diamond Corp., the new diamond will have to be evaluated before they can nail down a price, but you can just imagine all the zeros on that tag. Regardless, there's a good chance it will eventually end up in this 7-year-old's jewel collection.