Jack Pearadin Finds 6.03-Carat Arkansas Diamond Worth Up to $250,000
Updated
Updated · Fox News · Oct 7
Jack Pearadin Finds 6.03-Carat Arkansas Diamond Worth Up to $250,000
3 articles · Updated · Fox News · Oct 7
Summary
Jan. 25 brought Pearadin’s biggest strike yet: a 6.03-carat yellow diamond he spotted glowing in a gravel pile during a TikTok livestream at Crater of Diamonds State Park.
The stone, which he named the “American Dream,” came from gravel he and friend Michael Schumacher collected in late December after a winter storm left more than an inch of ice over the search area.
Collectors have told Pearadin the gem could fetch as much as $1 million, but certified appraiser Laura Stanley said a high-quality 6-carat yellow diamond from the park would more likely sell for about $250,000.
Pearadin, a Navy reservist who has hunted at the park since 2013 and moved to nearby Murfreesboro for the hobby, said he would split any sale with Schumacher and hopes to open a crystal mine.
The find adds to a run of notable discoveries at the Arkansas park, including a 3.09-carat diamond found this summer and a 2.29-carat yellow diamond announced on Aug. 29.