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Father and Daughter Find 2.03-Carat Diamond in Arkansas State Park

Crater of Diamonds State Park in Murfreesboro, Arkansas is the only diamond-producing site in the world where anyone who pays the price of admission ($16) can look for gems and keep whatever they find.

That's easier said than done, however. The park's diamonds are sprinkled across 37.5 acres, and visitors have been picking over the land for decades with only sporadic success. Some show up with shovels, buckets, and maps, and spend all day digging around—and still walk away empty-handed.

But there are exceptions.

Take, for instance, Dan Frederick and his daughter, Lauren, who recently found a 2.03-carat diamond just lying out in the open—and less than an hour after they had entered the park. 

The gem is pearly white in color and triangular in shape. Though its exact value has yet to be determined, park official Betty Coors told CNN, "This is an example of a diamond that all park visitors dream of taking home."

The Fredericks say they've named it Lucky.