Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
March 11 was 14-year-old Kalel Langford’s lucky day.
While in southern Arkansas for a baseball tournament, he and his family visited Crater of Diamonds State Park, self-described as “the world’s only ‘keep what you find’ diamond site.”
The slogan turned into a dream come true for Kalel when he found a 7.44-carat diamond, after spending only 30 minutes doing some surface searching. “A bunch of rocks” piled together next to a water stream caught the boy’s eye. He decided to pick up one in particular and take it to a park staff member to have it identified.
According to park authorities, the diamond he unearthed is the 7th-largest found in the area since 1972.
Baptized by its owner as “Superman’s Diamond,” the brown gem is the size of a pinto bean, has a frosted appearance and is shaped like a pillow.
Superman’s Diamond. Photo: Waymon Cox/Arkansas Department of Parks & Tourism
In a press release, Park Interpreter Waymon Cox said that “conditions were ideal for Kalel to find his diamond. About an inch of rain fell on the plowed search area during the week. A heavy rain can uncover larger diamonds near the surface. Diamonds have a metallic-looking shine and are often easier to spot on top of the ground.”
Ninety-seven diamonds have been registered at Crater of Diamonds State Park so far in 2017, weighing a total of 26.84 carats.
3 Comments
The Real John Smith
Anybody know what the value of something like this would be? Just curious.
SnakePlissken
not enough 🙂
Johann Andrew Robertson
It depends on many factors (as a standard uncut diamond), but given the lack of comparables at that size, it becomes very difficult to cost estimate accurately.