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. And this one was like nothing he’s dug up before — Pearadin claims collectors have told him it could be worth over $1 million.
At least one experienced appraiser told The Associated Press that a diamond of such size and quality could be worth a fourth of that — still an impressive find.
Roughly the size of a fingernail, it’s the largest diamond found this year at Crater of Diamonds State Park. More than 37,000 diamonds have been discovered since the former open-pit diamond mine became part of a state park in 1972.
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