6.07 carats (rough) 2.88 carats (cut) Ray Schall, of Murfreesboro, Arkansas, found a dime-sized white diamond on top of the ground under a nearby tree on November 14, 1981. "I could see it was a diamond, and I just fell on it," Schall stated. "When I got it in my hand, I was shaking like a leaf in a windstorm. I called over some people, and they helped me to the office. I could hardly walk." Schall, who was known to search the surface of the diamond mine nearly every day, claimed that his method of searching relied on luck more than science: "You just have to know what you are looking for, and be in the right place at the right time." The Schall Diamond, graded as E-colorless and flawless, was cut into a pear-shape gem, and sold for $58,000.