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You may be referring diamonds found in the Crater of Diamonds state park in Arkansas, near Murfreesboro.

Every gem-quality diamond is valued according to its clarity, colour, carat weight and cut. Raw diamonds found in the state park can be sold as raw gem-stones. A gemologist can evaluate its colour and clarity, which together with its basic shape could help determine a value. A raw diamond may lose up to 60% of its carat weight during the cutting and polishing process.

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