FOUND > $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 ENGRAVED GOLD FILLED ENAMEL LILY OF THE VALLEY FLOWER LOCKET

Watchers: 88
Bid Price: $78.00
Time Left:
1d 1h


Vintage Antique Victorian Micro Mosaic Festoon Scarab Insect Beetle Necklace

Watchers: 73
Buy It Now: $298.00
Time Left:
25d 4h 40m


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

Watchers: 61
Buy It Now: $8.00
Time Left:
16d 4h 29m


RARE UNUSUAL ANTIQUE SWEDEN 830 FINE SILVER REPOUSSE COLLAR NECKLACE

Watchers: 61
Bid Price: $71.00
Time Left:
4d 48m


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

Watchers: 46
Buy It Now: $1195.00
Time Left:
23d 19h 21m


amazing ANTIQUE vulcanite MOURNING LOCKET // gutta percha LOCKET / 1850

Watchers: 46
Bid Price: $76.00
Time Left:
2d 4h 42m


LONG ANTIQUE EDWARDIAN SILVERED BRASS BEZEL SET BLUE GLASS STONE NECKLACE CHAIN

Watchers: 46
Bid Price: $33.00
Time Left:
4d 1h 20m


ANTIQUE BRASS & SILVER ANTIQUE PICTURE LOCKET TINTYPE PHOTO HAIR & STRING

Watchers: 42
Bid Price: $32.00
Time Left:
1d 5h 37m


Fine Vintage Antique Floral Festoon Micro Mosaic Choker Necklace

Watchers: 39
Buy It Now: $198.00
Time Left:
3d 3h 34m


Vintage Antique Victorian Micro Mosaic Festoon Necklace

Watchers: 39
Buy It Now: $219.00
Time Left:
17d 4h 17m


Victorian Gold Filled Bangle Bracelet w/ Garnet, Pearl & Turquoise Beads

Watchers: 38
Bid Price: $81.99
Time Left:
1d 19h 11m


ANTIQUE CHINESE CARVED CORAL STONE FLORAL PENDANT - 5.6g!

Watchers: 38
Bid Price: $18.59
Time Left:
21h 55m


Vintage Antique Victorian Hand w Flowers Mourning Brooch Pin

Watchers: 35
Buy It Now: $130.00
Time Left:
17d 3h 44m


Edwardian Rolled Gold Suffragette style necklace

Watchers: 35
Bid Price: $7.58
Time Left:
21h 17m


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

Watchers: 32
Buy It Now: $90.99
Time Left:
10d 17h 15m


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

Watchers: 31
Buy It Now: $10.99
Time Left:
14d 19h 42m


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

Watchers: 31
Buy It Now: $103.50
Time Left:
29d 16h 59m


Vintage Antique Victorian Gold Filled Etruscan Picture Locket Necklace

Watchers: 30
Buy It Now: $175.00
Time Left:
15d 3h 50m


VICTORIAN ANTIQUE GOLD FILLED LION HEAD BANGLE BRACELET GARNET EYES

Watchers: 29
Buy It Now: $250.00
Time Left:
19d 18h 39m


VINTAGE Antique Jewellery Beautiful Edwardian Crystal Marcasite Pendant NECKLACE

Watchers: 29
Bid Price: $11.71
Time Left:
3d 20h 56m


Lot Antique Victorian Jewelry

Watchers: 29
Bid Price: $67.00
Time Left:
1h 41m


ANTIQUE VINTAGE VICTORIAN JEWELRY PARTS LOT LAVALIER PENDANTS EARRINGS STONES

Watchers: 29
Bid Price: $68.00
Time Left:
2h 12m


ANTIQUE VICTORIAN GOLD FILLED GARNET TURQUOISE HEART PENDANT OR CHARM

Watchers: 28
Bid Price: $27.00
Time Left:
4d 1h 48m


Antique Victorian Edwardian Stackable 18ct 750 Yellow Gold 0.10ct Solitaire Ring

Watchers: 28
Bid Price: $101.93
Time Left:
4d 21h 53m


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

Watchers: 27
Buy It Now: $275.00
Time Left:
1d 5h 55m


ANTIQUE VICTORIAN BOHEMIAN GARNET & BANDED AGATE PIN

Watchers: 26
Bid Price: $20.50
Time Left:
1d 46m


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

Watchers: 25
Buy It Now: $110.00
Time Left:
19d 2h 1m


Antique Austria Silvertone Figural Miniature Pistol Fob or Charm

Watchers: 25
Bid Price: $20.50
Time Left:
3d 3h


3 pocket watch chain spinner fobs edwardian

Watchers: 24
Bid Price: $30.30
Time Left:
20h 50m


MAGNIFICENT VICTORIAN ENGRAVED BOOKCHAIN & SEED PEARL ETRUSCAN LOCKET

Watchers: 24
Bid Price: $9.50
Time Left:
6d 1h 42m


% VICTORIAN ANTIQUE LOT OF 3 PHOTO PINS BROOCHES %

Watchers: 23
Bid Price: $14.50
Time Left:
4d 3h 21m


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

Watchers: 23
Buy It Now: $14.99
Time Left:
18d 17h 49m


Vintage Antique French Enamel Pendant Box Charm

Watchers: 22
Buy It Now: $98.00
Time Left:
6d 5h 16m


Two Edwardian brooches spider and other

Watchers: 21
Bid Price: $13.82
Time Left:
21h 7m


Bull head fob w watch chain carved mother of pearl cow bridle figural pendant

Watchers: 21
Buy It Now: $211.50
Time Left:
22d 16h 44m


ANTIQUE VICTORIAN HAIR COMB -GUTTA PERCHA CUT STEEL AND BRASS Ca 1860

Watchers: 21
Buy It Now: $225.00
Time Left:
25d 28m


Gorgeous Victorian Czech Bohemian Garnet Glass Lavaliere Necklace

Watchers: 21
Bid Price: $28.00
Time Left:
2d 2h 15m


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

Watchers: 21
Buy It Now: $235.00
Time Left:
22d 47m


heavy Watch chain Necklace Silver Stainless Steel lanyard vtg nos 18" 25" 31"

Watchers: 21
Buy It Now: $17.99
Time Left:
28d 22h 5m


ANTIQUE VICTORIAN FACETED WHITBY JET MOURNING BRACELET

Watchers: 21
Bid Price: $27.00
Time Left:
4d 1h 28m


1900s Antique French Mother of Pearl shell box thimble etui needle case necklace

Watchers: 20
Buy It Now: $95.00
Time Left:
12d 23h 48m


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

Watchers: 20
Buy It Now: $275.00
Time Left:
19d 17h 59m


Victorian Antique Gold Filled Scroll Paste Stones Rhinestone Picture Locket PICS

Watchers: 20
Bid Price: $19.99
Time Left:
4d 5h 42m


ANTIQUE c 1890 GOLD STONE SAPHIRET OVAL SHAPED PRONG SET MAGIC GLASS HAT PIN

Watchers: 20
Bid Price: $9.50
Time Left:
18h 7m


VICTORIAN ANTIQUE 1880'S GOLD FILLED PRPLE CHOKER NECKLACE

Watchers: 20
Buy It Now: $167.50
Time Left:
29d 1h 24m


Victorian Flower Micro Mosaic Gold Filled Collar Brooch Pin, Italy, Grand Tour

Watchers: 20
Buy It Now: $150.00
Time Left:
5d 23h 43m


Victorian parts guard chain lanyard necklace stainless steel brass gold antique

Watchers: 20
Buy It Now: $19.20
Time Left:
25d 16h 57m


ANTIQUE VICTORIAN FANCY GOLD FILLED BLUE ENAMEL BRACELET

Watchers: 19
Bid Price: $28.00
Time Left:
2d 21h 16m


ANTIQUE VICTORIAN EDWARDIAN ENGRAVED GOLD FILLED MONOGRAM LOCKET

Watchers: 19
Bid Price: $26.00
Time Left:
1d 1h 4m


Eagle Falcon Bird griffin head Fob Watch chain 3d animal head antique victorian

Watchers: 19
Buy It Now: $202.50
Time Left:
20d 2h 4m