We all dream of it happening to us; finding a piece of jewelry for $15 only to find years later that the ring in question actually contains a real diamond. For one lucky woman, this actually happened...
The unidentified woman purchased a cocktail ring and what she believed to be a piece of costume jewelry in 1980, at a flea market, for $15. Since then she has worn the ring almost daily, receiving much praise for the “fake” diamond held in the setting. From shopping to day-to-day use, the 26.27 carat white diamond tagged along on her finger, shining but not so brightly.
"Why on earth did she not believe it to be real?" one may ask. Well, the answer is quite simple: since the diamond did not shine, nor sparkle like a cut and polished diamond, it’s “filthy” appearance lead her to assume it was not the real deal.
According to BBC reports, the diamonds characteristics are those from the 19th century, also reflective of the precious stones’ age, when the practice of diamond cutting was still a bit primitive and aimed to retain as much weight (carats) as possible. When the owner purchased the ring in 1980, her expectations and ideology of diamonds were that of today’s standards, which are to reflect as much light for that sparkle effect as possible.
The stone is now on the list for auction through Sotheby’s and is expected to sell for as much as $450,000 on June 7.
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Since 1979, Bellevue Rare Coins has been a trusted, family-owned business serving the Greater Seattle Area with locations in Bellevue, Lynnwood, Issaquah, and West Seattle. Specializing in gold, silver, diamond, and jewelry purchasing, in addition to dealing in rare coins. We now offer a vast selection of fine, vintage and custom designed jewelry. Visit anyone of our four friendly locations for the best deals selling or buying.