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US Navy reservist unearths $1 million yellow diamond at Arkansas park

A Missouri-based Navy reservist has discovered a rare 6.03-carat yellow diamond valued at approximately $1 million at Crater of Diamonds State Park in Arkansas. The find marks the latest success in a decade-long treasure hunting campaign that has yielded over 300 gemstones.

LSN India · 5 October 2026

US Navy reservist unearths $1 million yellow diamond at Arkansas park

Jack Pearadin, a dedicated Navy reservist from Missouri, unearthed the exceptional yellow diamond after years of systematic searches at the publicly accessible Crater of Diamonds State Park in southwestern Arkansas. The gem, which Pearadin has named the 'American Dream,' weighs 6.03 carats and represents a significant discovery for the amateur prospector.

Pearadin's diamond hunting expeditions began in 2013, transforming his passion for geology into a sustained treasure hunting operation. His persistence across multiple seasons has yielded remarkable results, with the total haul exceeding 300 gemstones of varying sizes and quality. The Arkansas park, one of the few public diamond mining sites in North America, has proven particularly fruitful for the Missouri resident's efforts.

The discovery of the yellow diamond caps a decade-long venture that has combined hobby interests with potential financial reward. Pearadin has elected to share the profits from the 'American Dream' discovery with an associate involved in his treasure hunting activities. The find adds to the growing list of significant gems extracted from the park's volcanic deposits.