I'm looking for the name of a book I read as a child. As I recall, it was in picture book format with illustrations of every page.
The plot of the book involved someone digging down and finding an unusual valuable stone or gem of some kind. They kept expanding the hole trying to find the edge of the stone so they could dig it out, and the hole became a huge pit. The king somehow got involved and under his supervision the hole kept getting bigger and bigger until the entire kingdom was one gigantic hole and they still hadn't found the edges of the stone.
I think the conclusion was that it was the heart stone of the kingdom and that the king had destroyed the kingdom with his greed. It was a book that stuck with me and I've been trying to find it to read to my children.