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.


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ANTIQUE VICTORIAN CORAL CHOKER NECKLACE NO RESERVE

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ANTIQUE VICTORIAN GOLD FILLED ENAMEL HAIR IN MEMORY OF MOURNING PIN

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

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

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Vintage Antique Victorian Micro Mosaic Festoon Necklace

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Vintage Antique Victorian Hand w Flowers Mourning Brooch Pin

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Black Jet Fist Figa Antique Victorian Mourning with Gold Fittings

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

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Fine Vintage Antique Floral Festoon Micro Mosaic Choker Necklace

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victorian mourning compass fob in the form of a miniature pocket watch

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1800'S Victorian Gilt 3 tier CZECH BIG Bohemian Rose cut Garnet Pin / brooch EXC

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Antique Chinese Gold Gilt Kingfisher Feather Enamel LOT for pendant Earrings

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

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

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Antique Victorian Grand Tour Micro Mosaic Roman Ruins Black Glass Bracelet

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* Antique South Sea Victorian Operculum Seashell Cat's Eye Carved Shell Necklace

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

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Small Antique Signed Hallmarked .375 Gold Scottish Gold Pin Brooch Celtic Design

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

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VICTORIAN ANTIQUE GOLD FILLED LION HEAD BANGLE BRACELET GARNET EYES

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Vintage Antique Victorian Gold Filled Etruscan Picture Locket Necklace

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ANTIQUE VICTORIAN GOLD FILLED MATTE BLACK FRENCH JET BALL MOURNING EARRINGS

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Antique Victorian Bovine Bone Carved Fancy Bangle Bracelet

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

Watchers: 25
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Rare Antique Victorian Crescent Moon Locket - Folds Out! Pat. 1902

Watchers: 24
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Authentic Edwardian Long Amethyst Glass Necklace With Ornate Gold-Filled Chain

Watchers: 23
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BIG ANTIQUE EDWARDIAN FOSTER & BAILEY GOLD FILLED COMPACT MIRROR LOCKET PENDANT

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Vintage Antique French Enamel Pendant Box Charm

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Vintage Edwardian Art Deco Pink Glass Tri Color Filigree Pendant Necklace

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ANTIQUE VICTORIAN STAMPED GOLDTONE LEAVES MOLDED GREEN FLOWER ENAMEL BROOCH PIN

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LOT VICTORIAN ERA 14K 12K GOLD FILLED EARRINGS LOCKET BANGLES GEMSTONE CLOCK FOB

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1 vtg Czech glass Snake Pendant focal bead Black Gold Serpent pendant drop 1920s

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Antique Carved Bovine Bone Round Beaded Choker Necklace ''

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VICTORIAN ANTIQUE 14K GOLD GUTTA PERCHA PIN EARRINGS

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VINTAGE ANTIQUE ETCHED 1/20TH 12K GF BANGLE BRACELET

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

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Antique Victorian L.S. & Co GF Watch Chain Slide Lorgnette 47" Long Necklace

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HUGE AUTHENTIC CZECH 1800'S VICTORIAN ROSE CUT GARNET EARRINGS

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Antique Victorian Gold Filled Seed Pearl Oval Locket Charm Pendent

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Antique Victorian 54" Black Vulcanite Mourning Link Chain Chatelaine Necklace

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Huge Antique Saphiret Earrings Superb

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VICTORIAN ANTIQUE GOLD FILLED OPAL 1.25 INCH LARGE LOCKET

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Antique Victorian Edwardian Blue Faceted Glass Brass Necklace Choker Vintage

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Antique Black Paste Deco Necklace Evening Fancy Lavalier Choker glass czech ?

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Antique Gold Filled Victorian Hand Chain French Book Chain Gold Fist Guard Chain

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Antique Victorian Hand Painted Porcelain Purple Flowers Brooch Pin C Clasp

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ANTIQUE VINTAGE OPALESCENT OPAL FOIL GLASS BEAD NECKLACE - VENETIAN good length

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*ANTIQUE GOLD FILL CRESCENT MOON & STAR RHINESTONES HEART LOCKET PENDANT*

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Vintage Antique Victorian Gunmetal Open Back Crystal Muff Guard Chain

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