Connect with us

Headlines

Woman Watches Video on How to Find Diamonds, Finds 3.72-Carat Yellow Diamond

It’s the largest diamond registered at the Crater of Diamonds since March 2017.

mm

Published

on

Miranda Hollingshead poses with a 3.72 carat yellow diamond she found at Crater of Diamonds State Park in Arkansas.

Miranda Hollingshead apparently knows how to choose the right video.

The Bogata, TX, woman recently visited Arkansas’s Crater of Diamonds State Park for the first time and found a 3.72 carat yellow diamond, according to a report on the Arkansas State Parks website. After searching for about an hour, Hollingshead, 27, found the diamond at the base of a hill on the northeast side of the park’s 37.5-acre diamond search area.

“I was sitting in the shade, watching a YouTube video on how to find diamonds. I looked over at my kid for a second, and when I looked down, I saw it mixed in with other rocks,” she said.

It’s the largest diamond registered at the Crater of Diamonds since March 2017, when a teenager from Centerton, AR, found a 7.44-carat brown gem. It is the largest yellow diamond since a visitor from Oklahoma City found a 3.85-carat jewel there in October 2013.

Park interpreter Waymon Cox said, “Every diamond found at the park is beautiful in its own way, and this one is certainly no exception. It’s about the size of a pencil eraser, with a light yellow color and a sparkling, metallic luster. Ms. Hollingshead said her gem’s unique shape reminded her of a rounded molar, with a small indentation in one end.”

Miranda Hollingshead found this diamond at Arkansas’s Crater of Diamonds State Park.

Cox said rainfall likely played a role in Hollingshead finding her diamond.

“Much of the ground where Ms. Hollingshead found her diamond is made of unweathered volcanic rock. When it rains, flowing runoff often leaves loose gravel, and sometimes diamonds, on the surface in these areas. Diamonds have a brilliant, adamantine luster that makes them easy to spot, and Ms. Hollingshead happened to be sitting in just the right place to see the diamond sparkle in the sun.”

About one in every 10 diamonds is found on the top of the ground by observant visitors. Park personnel plow the diamond search area, the eroded surface of an ancient, diamond-bearing volcanic pipe, periodically to loosen soil and assist with natural erosion.

Many visitors choose to name the diamonds they find at Crater of Diamonds State Park. Hollingshead and her son named her gem the Caro Avenger. “He chose the name Caro, and I am a fan of superheroes, so it seemed like a good fit.”

Advertisement

Hollingshead said if she doesn’t sell the diamond, she’ll probably have it mounted in a ring.

In total, over 75,000 diamonds have been unearthed at the Crater of Diamonds since the first diamonds were discovered in 1906 by John Huddleston, a farmer who owned the land long before it became an Arkansas State Park in 1972.

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Having a Moving Sale? Let Wilkerson Do the Heavy Lifting

For Jim Woodard, owner of Woodard’s Diamonds & Design in Tullahoma, Tenn., when it was time for a moving sale, there was only one company to help with the event: Wilkerson. “They brought in the right team for us,” he says, remarking about the sale’s extraordinary results, including a nearly 500% monthly sales increase compared to the previous year. “I wanted to have the best in the industry. And that’s the main reason why I contacted Wilkerson.”

Promoted Headlines

Headlines

Thanksgiving Weekend to Draw 165M Shoppers With Deals ‘Too Good to Pass Up’

Holiday retail sales are expected to grow 4%.

mm

Published

on

(Press Release) WASHINGTON – Retailers are preparing for one of the busiest shopping weekends of the year with an estimated 165.3 million people likely to shop Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

“The tradition of Thanksgiving weekend holiday shopping has become a five-day event with consumers spending money in stores, supporting local small businesses, and online with their mobile devices and computers,” said NRF President and CEO Matthew Shay. “Even as people are starting to purchase gifts earlier in the season, consumers still enjoy finding good Thanksgiving deals and passing time shopping with family and friends over the long holiday weekend.”

Video: How to Achieve a $100,000 Day in Your Jewelry Store
Headlines

Video: How to Achieve a $100,000 Day in Your Jewelry Store

Video: Increase Your Jewelry Sales Through Add-Ons
Jimmy Degroot

Video: Increase Your Jewelry Sales Through Add-Ons

Video: It’s Not My Problem When You Buy a $120 Ring and Your Wife Finds Out It’s ‘Fake’
Headlines

Video: It’s Not My Problem When You Buy a $120 Ring and Your Wife Finds Out It’s ‘Fake’

Throughout the course of the holiday weekend, 39.6 million consumers are considering shopping on Thanksgiving Day, 114.6 million on Black Friday, 66.6 million on Small Business Saturday and 33.3 million on Sunday. The shopping weekend will wrap up on Cyber Monday, when 68.7 million are expected to take advantage of online bargains.

Shay said younger consumers are significantly more likely to shop over the Thanksgiving weekend. Among those ages 18-24, 88 percent say they are likely to shop and particularly enjoy the social aspect. Similarly, 84 percent of those ages 25-34 plan to shop. That compares with 69 percent of holiday shoppers overall.

Of those planning to shop, there is an almost even split of people who plan to start their shopping in-store (47 percent) compared with those who plan to start online (41 percent). Those under 25 are even more likely to say they expect to start shopping in-store (52 percent).

“We expect the biggest increase in potential shoppers for Thanksgiving Day this year,” Prosper Insights Executive Vice President of Strategy Phil Rist said. “We anticipate that people may head to stores if they are open or shop from their phones while watching football.”

The top reasons consumers are planning to shop include:

  • The deals are too good to pass up (65 percent)
  • Tradition (28 percent)
  • It’s when they like to start their holiday shopping (22 percent)
  • It’s something to do over the holiday (21 percent)
  • It’s a group activity with friends/family (17 percent)

For consumers who do not plan to shop, more than half (53 percent) say something could convince them. The top reasons given that would change their minds are a sale or discount on an item they want (26 percent), if a family member or friend invites them to shop (12 percent), if they could be sure the items they want are available (11 percent) or a free shipping offer (11 percent).

NRF’s annual forecast estimates that holiday retail sales in November and December will be up between 3.8 percent and 4.2 percent over 2018 for a total of between $727.9 billion and $730.7 billion.

The survey of 7,917 adult consumers’ Thanksgiving weekend plans was conducted Oct. 31 through Nov. 6 and has a margin of error of plus or minus 1.2 percentage points.

Continue Reading

Headlines

Video: How to Achieve a $100,000 Day in Your Jewelry Store

It’s possible to make it happen every year.

mm

Published

on

WOULD YOU LIKE TO sell $100,000 worth of jewelry in a single day?

It’s very possible to achieve this benchmark one a year or more, says Jim Ackerman.

In this episode of Marketing Gems, Ackerman explains how to go about it.

Take a look:

Continue Reading

Headlines

Jewelers to Pay $16,000 in Restitution for Scheme Targeting Military Families

They were convicted last year.

mm

Published

on

SACRAMENTO, CA – A California jeweler must pay restitution in connection with a scheme targeting military families.

A Los Angeles Superior Court judge ordered defendants Ramil Abalkhad, owner of Romano’s Jewelers, and Melina Abalkhad, owner of MBNB Financial Inc., to pay the victims $16,440.56 by May 4, 2020.

Video: How to Achieve a $100,000 Day in Your Jewelry Store
Headlines

Video: How to Achieve a $100,000 Day in Your Jewelry Store

Video: Increase Your Jewelry Sales Through Add-Ons
Jimmy Degroot

Video: Increase Your Jewelry Sales Through Add-Ons

Video: It’s Not My Problem When You Buy a $120 Ring and Your Wife Finds Out It’s ‘Fake’
Headlines

Video: It’s Not My Problem When You Buy a $120 Ring and Your Wife Finds Out It’s ‘Fake’

“Individuals who participate in despicable crimes by targeting our young men and women in uniform will pay the price,” said California Attorney General Xavier Becerra. “We hope today’s announcement brings healing and closure to the victims of this scheme. Our office will continue to protect all Californians from all types of fraud – large or small. The California Department of Justice will always have the backs of our military families.”

Romano’s Jewelers had several retail locations in California, including stores near Camp Pendleton Marine Corps Base, according to a press release from Becerra’s office. The Abalkhads were alleged to have targeted young Marines and sailors, encouraging the purchase of jewelry using MBNB Financial for credit. According to the criminal complaint, Ramil Abalkhad failed to provide legally required disclosures about monthly payments, interest rates and others terms of financing.

Those customers who fell behind on their payments were allegedly harassed by the defendants’ debt collectors. In addition, the complaint alleged that Romano’s Jewelers used debt collectors who falsely posed as attorneys and illegally threatened servicemembers with court martial and other military disciplinary actions.

The California Department of Justice filed a 14-count felony complaint charging the defendants with conspiracy to violate the Unruh Act, which protects consumers who buy goods or services on credit, and the Rosenthal Fair Debt Collection Practices Act, which protects Californians against unlawful debt collection practices.

Becerra announced the sentencing of the defendants in December 2018. Ramil Abalkhad was sentenced to three years of felony probation, including a requirement that he serve 90 days in jail.

He will also be required to cancel outstanding MBNB debts owed by the victims identified in the criminal complaint and was also ordered to remove any negative credit reporting by MBNB from the victims’ credit history.

Melina Abalkhad was sentenced to complete a misdemeanor diversion program for her role in operating Romano’s Jewelers affiliate MBNB Financial.

Continue Reading

Most Popular