'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.
News 2 Geaux: St. Helena Parish schools prepare to reopen to students
News 2 Geaux: Pointe Coupee Parish suspect surrenders to authorities
Debris collection in Livingston Parish continues
News 2 Geaux: Investigation reveals texts "from" Gabby Petito may have not...
Amid flurry of flood zone development requests, planning commission shoots down Burbank...