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.


Vintage Antique Victorian Micro Mosaic Festoon Scarab Insect Beetle Necklace

Watchers: 62
Buy It Now: $298.00
Time Left:
20d 12h 17m


Antique Georgian early Victorian Black Dot Paste Gold Plated Necklace 4 Repair

Watchers: 60
Bid Price: $84.00
Time Left:
5d 7h 51m


ANTIQUE VICTORIAN EDWARDIAN ENGRAVED GOLD FILLED FLOWER BANGLE BRACELET

Watchers: 44
Bid Price: $89.00
Time Left:
4d 9h 19m


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

Watchers: 43
Buy It Now: $9.99
Time Left:
6d 12h 13m


Antique Victorian Micro Mosaic Micromosaic Dangle Necklace for Repair

Watchers: 40
Bid Price: $17.50
Time Left:
5d 7h 10m


Vintage Antique Victorian Hand w Flowers Mourning Brooch Pin

Watchers: 38
Buy It Now: $130.00
Time Left:
12d 11h 20m


Antique Victorian Bohemian Garnet Eye Brooch Pin

Watchers: 37
Bid Price: $30.00
Time Left:
5d 7h 8m


19thc Antique Devil or Baucus Cast Iron Wall Match Safe box holder

Watchers: 36
Buy It Now: $75.00
Time Left:
29d 7h 23m


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

Watchers: 35
Buy It Now: $1195.00
Time Left:
19d 2h 58m


working edwardian white metal compass fob for watch chain no.2

Watchers: 35
Bid Price: $5.51
Time Left:
1d 3h 41m


Fine Vintage Antique Floral Festoon Micro Mosaic Choker Necklace

Watchers: 33
Buy It Now: $198.00
Time Left:
28d 11h 11m


5 DAY Nice Group Victorian Antique Gold Filled Bracelets Picture Lockets..

Watchers: 32
Bid Price: $1.25
Time Left:
1d 12h 2m


ANTIQUE VICTORIAN GOLD FILLED GENUINE GARNET SEED PEARL PENDANT NECKLACE

Watchers: 29
Bid Price: $40.00
Time Left:
4d 8h 39m


VICTORIAN ANTIQUE SNAKE DOGTOOTH PEARL STICKPIN

Watchers: 28
Buy It Now: $75.00
Time Left:
1d 7h 21m


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

Watchers: 28
Buy It Now: $110.00
Time Left:
14d 9h 37m


Vintage Antique Victorian Micro Mosaic Festoon Necklace

Watchers: 28
Buy It Now: $219.00
Time Left:
12d 11h 53m


ANTIQUE VICTORIAN EDWARDIAN GOLD FILLED PEARL BANGLE BRACELET

Watchers: 27
Bid Price: $50.00
Time Left:
4d 9h 15m


ANTIQUE VICTORIAN EDWARDIAN ENGRAVED GOLD FILLED FLOWER BANGLE BRACELET

Watchers: 27
Bid Price: $68.00
Time Left:
4d 9h 47m


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

Watchers: 26
Buy It Now: $8.00
Time Left:
11d 12h 5m


Antique Guilloche Enamel Locket Vintage Sterling Silver Chain Pendant Necklace

Watchers: 26
Buy It Now: $225.00
Time Left:
25d 6h 15m


Pair Antique/Vintage Victorian Etruscan Gold Filled Hinged Bangle Bracelets

Watchers: 26
Bid Price: $57.00
Time Left:
4d 11h 53m


Vtg compass fob pendant small brass glass face pocket watch japan nos gold works

Watchers: 25
Buy It Now: $10.50
Time Left:
6d 3h 34m


Vintage Gold Filled Onyx Micro Mosaic Italian Colosseum Brooch

Watchers: 25
Bid Price: $46.00
Time Left:
4d 7h 20m


VICTORIAN ANTIQUE GOLD FILLED LION HEAD BANGLE BRACELET GARNET EYES

Watchers: 24
Buy It Now: $250.00
Time Left:
15d 2h 16m


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

Watchers: 24
Buy It Now: $10.99
Time Left:
10d 3h 19m


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

Watchers: 24
Buy It Now: $275.00
Time Left:
26d 13h 32m


Charm Set Of 3 umbrella/hat/suit Brooches Camellia Flower Pearl Pin Brooch LOT

Watchers: 23
Buy It Now: $9.99
Time Left:
8d 1h 36m


Vintage Antique Victorian Gold Filled Etruscan Picture Locket Necklace

Watchers: 23
Buy It Now: $175.00
Time Left:
10d 11h 27m


GORGEOUS VICTORIAN GUTTA PERCHA MOURNING LOCKET W/ CARVED FUSCHIA FLOWERS

Watchers: 23
Buy It Now: $139.99
Time Left:
14d 6h 45m


Antique Victorian Micro Mosaic Micromosaic Italian Italy Brooch Pin

Watchers: 23
Bid Price: $33.00
Time Left:
5d 6h 30m


ANTIQUE VICTORIAN EDWARDIAN GOLD FILLED FLOWER BANGLE BRACELET

Watchers: 22
Bid Price: $12.50
Time Left:
4d 8h 41m


ANTIQUE JEWELLERY JOB LOT - Lockets - Brooches for spares or repair and as found

Watchers: 22
Bid Price: $16.31
Time Left:
4d 2h 17m


Antique old VICTORIAN Etruscan gold filled floral Coil hinged Bangle BRACELET

Watchers: 22
Bid Price: $11.61
Time Left:
2d 3h 33m


Antique VICTORIAN Gold gf carved Stone CAMEO Locket carnelian Pendant NECKLACE

Watchers: 22
Bid Price: $20.00
Time Left:
2d 3h 26m


Antique Victorian 1882 Sterling Silver Flower Glass 1.5” Photo Locket

Watchers: 21
Bid Price: $34.00
Time Left:
5d 7h 4m


ANTIQUE Vintage VICTORIAN 800 Silver Mother of Pearl MOP Carved Cameo NECKLACE

Watchers: 21
Buy It Now: $50.00
Time Left:
2d 5h 30m


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

Watchers: 21
Buy It Now: $101.39
Time Left:
6d 52m


Antique Victorian 10k Gold Filled GF Coral Peridot Glass Bangle Bracelet

Watchers: 21
Bid Price: $37.99
Time Left:
5d 6h 36m


PERFECT! HUGE! RARE! 1800's VICTORIAN MICRO MOSAIC ITALY BROOCH PASTEL TILES!

Watchers: 21
Buy It Now: $375.00
Time Left:
22d 12h 40m


Antique Victorian Edwardian 10k Gold Filled GF Paste Star Locket Pendant

Watchers: 21
Bid Price: $21.50
Time Left:
5d 7h 18m


ANTIQUE VICTORIAN EDWARDIAN ENGRAVED GOLD FILLED FLOWER BANGLE BRACELET

Watchers: 20
Bid Price: $67.99
Time Left:
4d 9h 37m


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

Watchers: 20
Buy It Now: $9500.00
Time Left:
24d 5h 8m


Rare Antique Gutta Percha Victorian Mourning Photo Tintype Molded Grapes Star

Watchers: 20
Buy It Now: $325.00
Time Left:
10d 4h 13m


Egyptian revival lapel brooch Edwardian pharoah enamel and gilt

Watchers: 20
Bid Price: $15.66
Time Left:
1d 3h 47m


Antique Victorian Gold Filled Book Chain Necklace Locket Pendant Cameo

Watchers: 19
Buy It Now: $795.00
Time Left:
19d 13h 17m


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

Watchers: 19
Buy It Now: $149.99
Time Left:
12d 6h 21m


ANTIQUE VICTORIAN GOLD FILLED BANGLE BRACELET MARKED BATES & BACON 1905

Watchers: 19
Buy It Now: $59.99
Time Left:
8d 3h 21m


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

Watchers: 19
Buy It Now: $80.00
Time Left:
16d 8h 32m


ANTIQUE VICTORIAN ENGRAVED GOLD FILLED FLOWER BANGLE BRACELET

Watchers: 19
Bid Price: $42.00
Time Left:
4d 9h 9m


VICTORIAN ANTIQUE GOLD FILLED OPAL 1.25 INCH LARGE LOCKET

Watchers: 18
Buy It Now: $175.00
Time Left:
20d 1h 2m