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Rapaport published the new list which reflects a decline in diamond prices. The trade was expecting the decline after an harsh talk with martin Rapaport at the Israel Diamond Bursae. |
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A large diamond of 4.68 carats was discovered in the Arkansas State Park on Saturday, in early
September. Found in the Crater of Diamonds State Park in Murfreesboro, this is
the 612th diamond to be discovered by visitors here. Since its first
discovery in 1906, the park has so far produced approximately 75,000 diamonds. This
is the only state park where visitors can search for diamonds and keep them. The
‘crater of diamonds' is a good region for surface hunting and some visitors
have even been lucky to get stones as large as 16 carats. Also the current tropical
depressions of Gustav and Ike have improved the possibilities of finding
diamonds here. The 4.68 carat stone was found by Richard Burke, a retired high
school teacher. He named the stone ‘Sweet Caroline' after the name of his wife
and their favorite song by Neil Diamond.
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Diamonds now shine brighter as major auction houses and
estate jewelers now tap into the potential of celebrity regions.
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