# Diamond discovery at Crater of Diamonds State Park

> Live situation record from CLSTR: https://clstr.news/situations/diamond-discovery-at-crater-of-diamonds-state-park
> Updated: 2026-10-04T04:54:14.000Z. Sources: 21. Developments: 2.

Jack Pearadin, a Navy reservist who has searched Crater of Diamonds State Park in Arkansas since 2013, discovered a 6.03-carat yellow diamond. The discovery, which Pearadin named the ‘American Dream’, was captured during a TikTok livestream.

Valuations of the stone vary among experts. While some collectors suggest the diamond could be worth as much as $1 million, professional appraisers have provided more conservative estimates, with one expert suggesting a high-quality yellow diamond of this size could be valued at approximately $250,000.

Crater of Diamonds State Park is a former open-pit mine that has allowed the public to keep found gemstones since 1972. The park has yielded over 37,000 diamonds to date.

## Timeline

### 2026-10-04: Crater of Diamonds State Park visitor finds $1 million diamond

A Navy reservist discovered a 6.03-carat yellow diamond at Arkansas's Crater of Diamonds State Park, with an estimated value of up to $1 million.

2 sources. https://clstr.news/cluster/crater-of-diamonds-state-park-visitor-finds-1-million-diamond

### 2026-10-02: Crater of Diamonds State Park sees 6-carat diamond discovery

A Navy reservist discovered a 6.03-carat yellow diamond named the ‘American Dream’ at Arkansas’s Crater of Diamonds State Park, a find potentially worth up to $250,000.

19 sources. https://clstr.news/cluster/crater-of-diamonds-state-park-sees-major-6-carat-diamond-discovery

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Cite as: Diamond discovery at Crater of Diamonds State Park. CLSTR, https://clstr.news/situations/diamond-discovery-at-crater-of-diamonds-state-park