What happens when a diamond ring valued at $456,000 is bought for $13?
Thirty years ago, a woman in Isleworth, west London, bought an “exceptionally sized” ring she assumed was costume jewellery for £10 ($13) at a car boot sale. Now, after decades of wearing the ring daily, she’s about to get £350,000 ($455,000) for it at a Sotheby’s auction in July, if it sells for its expected price. That’s because the ring is actually a 26-carat, cushion-shaped white diamond from the 19th Century, according to the BBC. Head of Sotheby’s London jewellery department Jessica Wyndham called the ring a “one-off windfall, an amazing find.” According to the Evening Standard, the owners are “incredibly excited.” “Anyone would be in this position, it’s a life-changing amount of money,” she said. “No matter what your background is or what your past experiences have been, it’s going to revolutionise someone’s life.”
The diamond that was bought for $13 and was valued at $456,000.