{"id":32907,"date":"2026-10-05T19:55:18","date_gmt":"2026-10-05T19:55:18","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=32907"},"modified":"2026-10-05T19:55:18","modified_gmt":"2026-10-05T19:55:18","slug":"an-arkansas-gem-hunter-found-a-6-03-carat-yellow-diamond-after-paying-15-to-search-a-state-park-he-says-it-could-be-worth-1-million-but-another-appraisal-puts-it-closer-to-250000","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=32907","title":{"rendered":"An Arkansas gem hunter found a 6.03-carat yellow diamond after paying $15 to search a state park; he says it could be worth $1 million, but another appraisal puts it closer to $250,000"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-134660986,imgsize-388585,width-400,height-225,resizemode-4\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg\" alt=\"An Arkansas gem hunter found a 6.03-carat yellow diamond after paying $15 to search a state park; he says it could be worth $1 million, but another appraisal puts it closer to $250,000\" title=\"Pic credit: Jack Pearadin\/ AP\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Pic credit: Jack Pearadin\/ AP\">Pic credit: Jack Pearadin\/ AP<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Jack Pearadin, a Navy reservist originally from Missouri, has been hunting diamonds at Arkansas\u2019 Crater of Diamonds State Park since 2013. Over the years, he has unearthed more than 300 gems.<!-- --> But this time, when his shovel hit the gravel, he spotted something different. After rinsing the gravel and tipping it onto a table, he noticed a yellow crystal about the size of a fingernail catching the light. His TikTok livestream was still on, and this rock was a 6.03-carat diamond!<span class=\"id-r-component br\" data-pos=\"3\"\/>\u2018Oh my God! Oh my God!\u2019 Pearadin said during the livestream. \u2018Holy cr*p, we got a big one!\u2019 he yelled.<span class=\"id-r-component br\" data-pos=\"5\"\/>It turns out it is the largest diamond found this year at Crater of Diamonds State Park in Arkansas. <!-- -->For Pearadin, it is unlike anything he has dug up before. Talking to the AP, he claimed the diamond could be worth $1 million.<span class=\"id-r-component br\" data-pos=\"10\"\/><\/p>\n<p><h2>A hobby that is yet to pay off<\/h2>\n<\/p>\n<p>Gem hunting may seem like a rewarding career. But Pearadin is the first to admit his hobby has not paid off. Over a dozen years, he has sifted through the rocks, and the field where this stone turned up has already given him more than 300 gems.<span class=\"id-r-component br\" data-pos=\"13\"\/>Originally from Missouri, he first tried his luck at the park in 2013 and later moved to nearby Murfreesboro to stay close to it. \u2018I love it that much,\u2019 he told the outlet. Most of the diamonds he found were sold online.<span class=\"id-r-component br\" data-pos=\"17\"\/>This one came out of the ground with help. Pearadin and his friend Michael Schumacher of Wisconsin shovelled it from the field together, and Schumacher helped fill the bucket that held the stone. Pearadin has named the diamond the \u2018American Dream\u2019.<span class=\"id-r-component br\" data-pos=\"19\"\/><\/p>\n<p><h2>A diamond worth $1 million<\/h2>\n<\/p>\n<p>Pearadin thinks this new diamond he unearthed would fetch him $1 million. At least, that\u2019s what some of the collectors told him. <!-- -->Appraisers are more cautious. At least one experienced appraiser told the news agency that a stone of this size and quality might be worth a quarter of that.<span class=\"id-r-component br\" data-pos=\"24\"\/>Laura Stanley, a certified gem appraiser in Little Rock, said a high-quality six-carat yellow diamond from the park can sell for about $250,000. According to her, the park\u2019s name is part of the reason. \u2018They are their own entity. It\u2019s the only place in America where you can go find your own diamond and you can\u2019t compare that to a diamond from anywhere else,\u2019 Stanley said.<span class=\"id-r-component br\" data-pos=\"27\"\/>For some context, a typical 0.17-carat diamond from the park sells for around $700, Stanley said.<span class=\"id-r-component br\" data-pos=\"29\"\/>Cutting will change the stone, too. Natural diamonds tend to be cloudy and oddly shaped, and they lose about 25% of their weight when cut and polished, Nathan Renfro, senior manager at the Gemological Institute of America, told AP.<span class=\"id-r-component br\" data-pos=\"31\"\/><\/p>\n<p><h2>A $15 fee to find diamonds<\/h2>\n<\/p>\n<p>The park charges $15 to fill a five-gallon bucket with rocks, and visitors keep any gemstones they find. <!-- -->Most of these finds are small and worth maybe a few hundred dollars. More than 37,000 diamonds have been discovered by gem hunters since the former open-pit mine became a state park in 1972.<span class=\"id-r-component br\" data-pos=\"36\"\/>In a year, usually about 400 to 800 diamonds turn up, and most weigh about a quarter of a carat, according to park interpreter Sarah Bivens. Bigger ones are rare. Park assistant superintendent Waymon Cox revealed that a nine-carat diamond was found in 2020 by an Arkansas bank manager and a seven-carat stone was unearthed in 2024 by a French man.<span class=\"id-r-component br\" data-pos=\"39\"\/>The biggest record belongs to Uncle Sam, a 40.23-carat crystal found in 1924, the largest diamond ever unearthed in the United States. It was cut into a 12.42-carat gem and gifted to the Smithsonian National Museum of Natural History, where it hangs in the \u2018Great American Diamonds\u2019 exhibit.<span class=\"id-r-component br\" data-pos=\"42\"\/>Today, Arkansas\u2019 park is one of the only places in the world where anyone can hunt for diamonds and take their finds with them. \u2018It\u2019s a pretty remarkable operation that that\u2019s available to the public,\u2019 Renfro said. <!-- -->\u2018Most diamond mines are super high security.\u2019<span class=\"id-r-component br\" data-pos=\"46\"\/>Pearadin, on the other hand, has named his latest find the \u2018American Dream\u2019. \u2018It\u2019s just this massive, gorgeous yellow diamond,\u2019 he said. The seasoned gem hunter plans to split the profits with his fellow hunter, Michael Schumacher of Wisconsin.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/world\/us\/an-arkansas-gem-hunter-found-a-6-03-carat-yellow-diamond-after-paying-15-to-search-a-state-park-he-says-it-could-be-worth-1-million-but-another-appraisal-puts-it-closer-to-250000\/articleshow\/134660969.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pic credit: Jack Pearadin\/ AP Jack Pearadin, a Navy reservist originally from Missouri, has been hunting diamonds at Arkansas\u2019 Crater of Diamonds State Park since 2013. Over the years, he has unearthed more than 300 gems. But this time, when his shovel hit the gravel, he spotted something different. After rinsing the gravel and tipping [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-32907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/10\/man-pays-15-to-hunt-for-diamonds-and-finds-a-603-carat-gem-worth-up-to-1-million.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Pic credit: Jack Pearadin\/ AP Jack Pearadin, a Navy reservist originally from Missouri, has been hunting diamonds at Arkansas\u2019 Crater of Diamonds State Park since 2013. Over the years, he has unearthed more than 300 gems. But this time, when his shovel hit the gravel, he spotted something different. 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