Arkansas Gem Hunter Says He Found What May Be a $1 Million Diamond – WTOP News
Collectors say the yellow stone could fetch more than $1 million, while one appraiser values it at about $250,000.
- Navy reservist Jack Pearadin discovered a 6.03-carat yellow diamond at Crater of Diamonds State Park in Arkansas, livestreaming the moment on TikTok. He named the stone the "American Dream."
- Originally from Missouri, Pearadin has searched for gems for more than a dozen years, even moving to Murfreesboro to support his hobby. He has found over 300 diamonds at the park so far.
- While Pearadin claims collectors believe the stone could be worth over $1 million, an experienced appraiser told The Associated Press it may be worth closer to $250,000. Most diamonds found at the park weigh about a quarter of a carat.
- Pearadin plans to split proceeds with fellow gem hunter Michael Schumacher of Wisconsin, who helped dig the gravel that produced the stone. He intends to use his share to open his own crystal mine.
- Crater of Diamonds State Park remains one of the only places in the United States where the public can hunt for diamonds and keep their finds. More than 37,000 diamonds have been discovered there since 1972.
27 Articles
27 Articles
An American found a diamond that could be worth more than $1 million, during a TikTok stream, a U.S. Navy Reserve soldier dug up a 6.03 carat <p>diamond in Arkansas. The find was estimated at more than $1 million</p>.
abc 6 Philadelphia
Gem hunter says he found what may be a $1M diamond at Crater of Diamonds State Park in Arkansas
Jack Pearadin has been searching for a dozen years and found hundreds of gems, but none so big as the 6-carat diamond he found this year.
Arkansas gem hunter says he found what may be a $1 million diamond – WTOP News
LITTLE ROCK, Ark. (AP) — Jack Pearadin is the first to admit that his diamond-hunting hobby hasn’t paid off, despite sifting rocks for more than a dozen years. But earlier this year, the Navy reservist and his friend shoveled a six-carat diamond from a field in Arkansas where he’s found over 300 gems so far....
The Toronto Star
Arkansas gem hunter says he found what may be a $1 million diamond
LITTLE ROCK, Ark. (AP) — Jack Pearadin is the first to admit that his diamond-hunting hobby hasn't paid off, despite sifting rocks for more than a dozen years.
Arkansas Gem Hunter Says He Found a Possible $1 Million Diamond
NewsFinale NewsFinale Journal LITTLE ROCK, Ark. – Jack Pearadin readily concedes that his diamond-hunting pastime has yet to make him rich, even after more than 12 years of searching through Arkansas soil. That changed at least in possibility earlier this year, when Pearadin and a friend uncovered a six-carat diamond in a field where he has already found […]
Coverage Details
Bias Distribution
- 46% of the sources lean Left, 46% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
