31-year-old New Yorker who found a 2-karat diamond in a volcanic crater is going to wear it for an engagement ring
Business News
Fortune

31-year-old New Yorker who found a 2-karat diamond in a volcanic crater is going to wear it for an engagement ring

Why This Matters

“I got on my knees and cried, then started laughing," Michelle Fox said of her jewel-foraging trip in Arkansas.

August 14, 2025
03:16 PM
2 min read
AI Enhanced

Environment·Jewelry31-year-old New Yorker who found a 2-karat diamond in a volcanic crater is going to wear it for an engagement ringBy The Associated PressBy The Associated Press Crater of Diamonds State Park, Arkansas.Getty ImagesA New York woman has unearthed a 2-carat white diamond at an Arkansas state park, a gem she says will be used in her engagement ring.

Micherre Fox of Manhattan spent several weeks at the state park in July after deciding to forage for a diamond, according to a news release from Waymon Cox, an assistant superintendent at Crater of Diamonds State Park.

The 31-year-old woman ed for diamonds during much of July in a 37-acre field that is part of the eroded surface of an ancient volcanic crater.

It wasn’t until her last day at the park, while walking, that she spotted something glistening at her feet.

Park staff confirmed that the sparkly gem the size of a person’s canine tooth was a 2.3-carat diamond. “I got on my knees and cried, then started laughing,” Fox said in the statement.

It’s the third-largest diamond of more than 350 diamonds found at the park this year. The park is open to the public and adults can engage in gem hunting by paying $15 per day.

Park staff plows the field periodically to loosen the soil and make diamond hunting easier.

Park visitors have found and kept more than 35,000 diamonds since the Crater of Diamonds became an Arkansas state park in 1972, according to park officials.

The largest diamond ever discovered in the United States was unearthed there in 1924 during an early mining operation, park officials said.

Known as Uncle Sam, the white diamond with a pink cast weighed 40.23 carats and was later cut into a 12.42-carat emerald shape.

It’s part of the Smithsonian’s mineral and gem collection and can be seen at the National Museum of Natural History.

Introducing the 2025 Fortune Global 500, the definitive ranking of the biggest companies in the world. Explore this year's list.

FinancialBooklet Analysis

AI-powered insights based on this specific article

Key Insights

  • This development warrants monitoring for potential sector-wide implications
  • Similar companies may face comparable challenges or opportunities
  • Market participants should assess the broader industry context

Questions to Consider

  • What broader implications might this have for the industry or sector?
  • How could this development affect similar companies or business models?
  • What market or economic factors might be driving this development?

Stay Ahead of the Market

Get weekly insights into market shifts, investment opportunities, and financial analysis delivered to your inbox.

No spam, unsubscribe anytime