Doubt the diamonds are super high quality or some company would’ve bought the land years ago and mined that spot till it was a big hole in the ground. Just saying.
It’s not uncommon for a cut diamond to be half (or less) of its uncut weight. This stone is 8ct uncut, which might then produce 4ct cut. A 4ct diamond, with average cut & clarity will generally (retail) price out around $40K. It could be significantly more if the cut and clarity are excellent and/or if it has other value-adding characteristics. It could be worth substantially less if it’s highly occluded or has other significant imperfections.
Doubt the diamonds are super high quality or some company would’ve bought the land years ago and mined that spot till it was a big hole in the ground. Just saying.
You would think they would include in the story the estimated value of the diamond. For all we know it could be rock candy by the way it looks.
It’s not uncommon for a cut diamond to be half (or less) of its uncut weight. This stone is 8ct uncut, which might then produce 4ct cut. A 4ct diamond, with average cut & clarity will generally (retail) price out around $40K. It could be significantly more if the cut and clarity are excellent and/or if it has other value-adding characteristics. It could be worth substantially less if it’s highly occluded or has other significant imperfections.