'Costume jewelry' diamond really worth hundreds of thousands
LONDON - Some people have all the luck.
Consider the person who dropped about 10 pounds (about $15) around 30 years ago on what was thought to be a piece of costume jewelry — it turned out to be a 26.27 carat white diamond.
The gem bought at a flea market is expected to fetch about 350,000 pounds ($454,000) when it is auctioned by Sotheby's next month.
The buyer had no idea of the ring's value because 19th-century diamonds were not cut to show off their brilliance and clarity.
The auction house's jewelry department chief, Jessica Wyndham, said Monday the owner wore it on a daily basis, unaware that it was a real diamond.
She called it "an amazing find." The owners have asked not to be identified.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Another Louisiana special session on taxes opens
Bridge on N. River Road impassable since 2016 flood, drivers demanding answers
WATCH: Python hunter rescues 4-foot alligator from the grip of a 10-foot...
Nutria spotted around City Park Lakes, best left alone
Power returning after thousands affected in EBR after outages
Temeka Johnson basketball camp about more than the game
Saints looking to fill backfield void during Ingram's 4-game absence
Saints RB Mark Ingram says he's 'not angry' with his contract
Sean Payton's coaching style propels him into 13th year with Saints
New coach excited to change basketball culture at Southern