Description:
The Southern Beehive Cluster (because of its similarity to M44, the Beehive Cluster) a southern open cluster NGC 2516 AKA The Diamond Cluster was discovered by Abbe Lacaille in 1751-1752.
Called The Diamond Cluster because of its stellar clarity. The cluster itself is easily visible with the naked eye from dark skies but binoculars will yield a much better view. The Diamond Cluster contains two beautiful 5th magnitude red giants and three double stars. A small telescope would be required to split the double stars. It contains about 100 stars that appear about the same size as a full moon.
NGC 2516 and the recently discovered nearby star clusterMamajek 2 in Ophiuchus have similar age and metallicity. Recently, kinematic evidence was presented by E. Jilinksi and coauthors that suggests that these two stellar groups may have formed in the same star-forming complex some 135 million years ago