comscore ‘Costume jewelry’ diamond really worth hundreds of thousands | Honolulu Star-Advertiser
Top News

‘Costume jewelry’ diamond really worth hundreds of thousands

  • ASSOCIATED PRESS

    This is an undated image issued by auction house Sotheby’s on Monday of a large 26.27 karat diamond ring. The ‘costume jewelry’ diamond is 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.

Comments (0)

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines.

Having trouble with comments? Learn more here.

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature

Scroll Up