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The boy found a 14 carat sapphire 200 meters from his house

The boy found a 14 carat sapphire 200 meters from his house

The piece appears to have no internal fractures and could be worth $5,000 to $10,000.

Riley Betteridge, a 7-year-old boy, became famous on social media after finding a 14.5-carat sapphire worth several thousand dollars 200 meters from his home in Australia.

His parents, Matt and Amber Betteridge, run Betteridge Sapphires, a specialist company located in the heart of Queensland's mining region, and the boy has been prospecting for gems since he was three, Yahoo News Australia reports.

“He's got a good eye,” Matt said of his son.

Amber, a gem processing and polishing expert, said the sapphire found by Riley had no internal fractures and could be worth $5,000 to $10,000.

“The final color makes the difference,” he said, adding that brightly colored stones sell for more than darker shades.

The discovery comes just weeks after Ms Betteridge discovered a $2,000 sapphire buried deep in the ground while carrying her 9-month-old daughter.

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