SOLD - $15 Flea Market Ring Fetches $847,000

Owner wore it 30-years... thinking it was Worthless 'Costume Jewelry'

Video
The 19th-century Diamond Ring (pictured) was bought for $15 as Costume Jewelry.

June 7, 2017
By James Massey, What Sells Best News

LONDON (VIDEO) – Sotheby's reports, a $15 ring bought as 'costume jewelry' at a flea market, has fetched $847,000 at auction... Learn More

The Global News, with Jeff Semple, produced an excellent video of the diamond rings back story in greater depth. Note, they estimated the rings pre-sale value in Canadian dollars.

Thought to be Worthless and Worn for Decades

The owner, who thought they purchased a piece of worthless costume jewelry, reportedly wore the ring for nearly 30-years, almost daily. Until they found out the cushion-shaped diamond was real and at 26.27 carats, extremely valuable.

Hidden by its 19th-Century Style

A BBC interview with Sotheby's jewelry specialist, Jessica Wyndham, reveals why the ring value may have been missed. Because of the way antique diamonds can lack the sparkle of diamond today.

Wyndham states, older methods of diamond cutting were "slightly duller and deeper" than today, which can "trick people into thinking it's not a genuine stone."

Auction Details

The diamond ring was sold by Sotheby's in London, on June 7, 2017 (lot number 364). The original auction estimate for the diamond was $320,550 - $448,770 (£250,000 - £350,000). Final price including buyers premium was $847,667.

Most-Watched Vintage "Costume Jewelry" items on eBay

The following list the Most-Watched "Costume Jewelry" items on eBay. Also see, the Top 25: Antique & Vintage Jewelry Items to see which items are fetching the highest bids, worldwide, right now.


Antique~Victorian Jewelry Lot ~ Micro Mosaic~Sterling~Gold Filled~800 Silver

Watchers: 66
Bid Price: $80.77
Time Left:
1d 19h 34m


Vintage Antique Victorian Micro Mosaic Festoon Scarab Insect Beetle Necklace

Watchers: 63
Buy It Now: $298.00
Time Left:
23d 22h 1m


Brand Charm H Scarf Clip Copper Scarf Holder Scarf Buckle Silver Scarf Ring

Watchers: 51
Buy It Now: $9.99
Time Left:
9d 21h 57m


Vintage Antique Victorian Hand w Flowers Mourning Brooch Pin

Watchers: 43
Buy It Now: $130.00
Time Left:
15d 21h 4m


ANTIQUE SOLID SILVER ART NOUVEAU OPEN PORTRAITS LOCKET LILY OF THE VALLEY

Watchers: 42
Bid Price: $21.38
Time Left:
2d 15h 19m


1 vtg pocket watch chain end clasp Lanyard Swivel clip Gold Repair nos dog clip

Watchers: 41
Buy It Now: $8.00
Time Left:
14d 21h 49m


Antique VICTORIAN Edwardian bohemian GARNET Flower heart Gold filled Pin brooch

Watchers: 36
Bid Price: $28.00
Time Left:
1d 13h 31m


ANTIQUE VICTORIAN 800 SILVER PAVE TURQUOISE HEART & LOCKET FESTOON NECKLACE 1890

Watchers: 35
Buy It Now: $1195.00
Time Left:
22d 12h 42m


Antique Victorian Bohemian Garnet Domed Cluster Flower 1 5/8” Brooch Pin

Watchers: 34
Bid Price: $56.55
Time Left:
7d 16h 32m


Fine Vintage Antique Floral Festoon Micro Mosaic Choker Necklace

Watchers: 34
Buy It Now: $198.00
Time Left:
1d 20h 55m


HUGE! VTG VICTORIAN NOUVEAU DECO OTIS STERLING AMBER GF CZECH GLASS JEWELRY LOT!

Watchers: 33
Bid Price: $95.00
Time Left:
3d 20h 27m


VINTAGE VICTORIAN GOLD FILLED BANGLE BRACELET AMETHYST STONE 30.5 GRAMS

Watchers: 33
Bid Price: $73.00
Time Left:
19h 40m


Antique Victorian Gold Gilt Bookchain Book Chain Fleur de Lis Filigree Necklace

Watchers: 31
Bid Price: $26.00
Time Left:
7d 16h 14m


Antique Victorian Sterling Silver Turquoise Bird Flower Souvenir 2.5” Brooch Pin

Watchers: 30
Bid Price: $14.50
Time Left:
7d 16h 16m


Vintage Antique Victorian Micro Mosaic Festoon Necklace

Watchers: 30
Buy It Now: $219.00
Time Left:
15d 21h 37m


Antique Victorian Sterling Silver Rose Gold Flower Pearl Bangle Bracelet

Watchers: 29
Bid Price: $32.00
Time Left:
7d 16h 51m


Victorian locket fob glass reverse painted horse panel rolled gold

Watchers: 28
Bid Price: $25.69
Time Left:
7d 13h 24m


Vintage Antique Victorian Mourning Straight PINS Original BOX Columbus Jet Black

Watchers: 28
Buy It Now: $35.95
Time Left:
7d 18h 35m


1800'S VICTORIAN SAPHIRET CROSS 7 UNFOILED CZECH ART GLASS STONES W/ PINK ENAMEL

Watchers: 27
Buy It Now: $250.00
Time Left:
25d 22h 23m


Antique Victorian W&H Co. 1/4 Gold Shell Moon & Star Locket w/Stones

Watchers: 27
Bid Price: $42.00
Time Left:
21h 20m


ANTIQUE VICTORIAN GOLD FILLED HINGED BANGLE BRACELET WITH GARNETS & SEED PEARLS

Watchers: 27
Buy It Now: $275.00
Time Left:
29d 23h 15m


VICTORIAN ANTIQUE GOLD FILLED LION HEAD BANGLE BRACELET GARNET EYES

Watchers: 26
Buy It Now: $250.00
Time Left:
18d 12h


VINTAGE ROSE GOLD @1895 SIGNET BABY OR PINKY RING 10K SIZE 3 BEADED EDGE SHELL

Watchers: 26
Buy It Now: $76.00
Time Left:
24d 15h 46m


Victorian Jewelry Lot- Gf & Sterling

Watchers: 25
Bid Price: $38.38
Time Left:
1d 22h 5m


Victorian Bracelet Antique Gold Filled With Seed Pearl Slide Tassel

Watchers: 25
Buy It Now: $45.00
Time Left:
10d 14h 14m


ANTIQUE VICTORIAN W & H CO. GOLD FILLED MOON & STAR LOCKET W/PASTE STONES!

Watchers: 24
Buy It Now: $74.95
Time Left:
5d 9h 3m


VICTORIAN MOON STAR SEED PEARL OPAL LOCKET

Watchers: 24
Bid Price: $28.00
Time Left:
12h 3m


ANTIQUE LOT SAPHIRET CAB MAGIC GLASS GOLD STONE LATE 19TH OR EARLY CENTURY STONE

Watchers: 23
Buy It Now: $103.99
Time Left:
9d 10h 36m


Vintage Antique Victorian Gold Filled Etruscan Picture Locket Necklace

Watchers: 23
Buy It Now: $175.00
Time Left:
13d 21h 11m


Antique silver book chain necklace lanyard charm holder collar wide links etched

Watchers: 23
Buy It Now: $125.00
Time Left:
28d 10h 19m


LOT 12 Brooch Pins Antique Victorian Coral GF Aventurine Glass Enamel Sterling

Watchers: 22
Bid Price: $9.99
Time Left:
5d 16h 15m


Antique Victorian Bohemian Garnet 4-Row 1/2” Bangle Bracelet

Watchers: 22
Bid Price: $86.15
Time Left:
7d 16h 30m


Victorian Gold Filled Etched Photo Locket Fob W&H Co. 1904

Watchers: 22
Bid Price: $9.01
Time Left:
1d 14h 8m


ANTIQUE EDWARDIAN GOLD FILLED CARVED SHELL CAMEO PENDANT NECKLACE

Watchers: 21
Bid Price: $14.09
Time Left:
7d 16h 2m


Charm Copper Classic H Scarf Buckle Silk Scarf Holder Scarf Buckle Scarf Clip

Watchers: 21
Buy It Now: $10.99
Time Left:
13d 13h 3m


Antique Gold Snake necklace Choker Collar Bib art deco serpent Egyptian Revival

Watchers: 21
Buy It Now: $405.00
Time Left:
24d 13h 26m


Antique old ITALIAN Fleur de Lis FLORENTINE Crest silver BRACELET Peruzzi Cini ?

Watchers: 21
Bid Price: $39.00
Time Left:
1d 13h 6m


Antique VICTORIAN CARVED MOTHER OF PEARL 9k GOLD HAND BROOCH Pin Rhinestone Ring

Watchers: 21
Buy It Now: $69.95
Time Left:
12d 19h 54m


VICTORIAN ANTIQUE GOLD FILLED OPAL 1.25 INCH LARGE LOCKET

Watchers: 20
Buy It Now: $175.00
Time Left:
23d 10h 46m


RARE ANTIQUE VICTORIAN GOLD FILLED BLOODSTONE WATCH FOB CHARM WITH HIDDEN FRAME

Watchers: 20
Buy It Now: $275.00
Time Left:
18d 11h 19m


Beautiful Rare Victorian Gold Filled Glass Picture Locket Pendant EYU8

Watchers: 20
Bid Price: $53.00
Time Left:
1d 12h 7m


LARGE ANTIQUE 1880 Victorian French JET VAUXHALL star Mourning Necklace

Watchers: 20
Buy It Now: $475.00
Time Left:
25d 13h 37m


French Antique 18K Gold Guilloche Enamel, Sapphire, Diamond Cigarette Case Box

Watchers: 20
Buy It Now: $8835.00
Time Left:
27d 14h 52m


Antique Victorian Gold Filled Seed Pearl Oval Locket Charm Pendent

Watchers: 20
Buy It Now: $63.75
Time Left:
27d 18h 7m


Rare Antique Gutta Percha Victorian Mourning Photo Tintype Molded Grapes Star

Watchers: 20
Buy It Now: $325.00
Time Left:
13d 13h 57m


ANTIQUE JEWELLERY STUNNING CHAMPLEVE ENAMEL FORGET-ME-NOT FLOWER BROOCH PIN

Watchers: 19
Bid Price: $4.33
Time Left:
5d 7h 8m


Vintage Antique Victorian Gunmetal Open Back Crystal Muff Guard Chain

Watchers: 19
Buy It Now: $195.00
Time Left:
3d 21h 16m


Vintage Antique French Enamel Pendant Box Charm

Watchers: 19
Buy It Now: $98.00
Time Left:
4d 22h 36m


Antique Human Hair Watch Chain/Fob Locket Victorian Remembrance Mourning DG34

Watchers: 19
Buy It Now: $149.99
Time Left:
15d 16h 4m


ANTIQUE VICTORIAN STAMPED GOLDTONE LEAVES MOLDED GREEN FLOWER ENAMEL BROOCH PIN

Watchers: 19
Buy It Now: $38.25
Time Left:
10d 20h 37m