Ring Bought for $13 at Outdoor Market Reveals to Be 25ct-diamond

This must be the most fantastic story of the year– A little trinket found at an outdoor market in London could turn out to be a major payoff for one lucky woman.

Next month, Sotheby’s London will auction a ring purchased at a car boot sale in the 1980s.
The owner paid $13 for the piece, believing it to be costume jewellery.

She wore it for decades while doing all sorts of activities like shopping and chores, unaware of its value, until a jeweler told her it could be real and decided to have it appraised.

After having it sent to the Gemological Institute of America, Sotheby’s confirmed it is indeed a 19th century 26.27-carat cushion-shaped white diamond of I color and VVS2 clarity.

The ring could sell for between $320,000 and $450,000 when it hits the auction block at Sotheby’s Fine Jewels sale on June 7.

Jessica Wyndham, head of Sotheby’s jewelry department, told CNN that it wasn’t that surprising the original buyer didn’t realize it was a real diamond, especially since its sparkle was hidden by the ring’s dark mounting and its old-fashioned cut.

“When we think of diamonds, we think of modern cuts, of brilliance,” she was quoted as telling the news outlet. “This wouldn’t have looked like that. The silver had tarnished and there was probably some dirt. These diamonds were made for candlelight, not our white artificial light, so it was all about trying to bring out its fire.”

Can we get the address of her outdoor market?

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