A woman in London bought 30 years ago a diamond ring from car boot sale. Based on the small price tag at which she found the jewel, the new owner thought it was a costume piece. However, the main rock of the ring was of an exceptional size, and it resembled a real diamond too much. After decades of taking the jewel with her daily, the woman put her possession to auction at the Sotheby’s auction in London. This is how she discovered that the true value of the jewel was of $848,000.
The Discovered 26-Carat Diamond Ring Goes Now by the Name of “Tenner”
Experts classified the car boot sale asset as a 26-carat ring. They tracked down its path through history all the way to the 1980s. This was when an anonymous person purchased the stone for $13 under the assumption that it was a fake piece of jewelry used as a costume piece. The possessor of such a beauty came to the realization of its true value after decades of wearing it. The woman appealed to a local jeweler to appraise her ring.
As a consequence, the woman realized that she was in possession of a 19th century mount with a diamond in cushion shape. The gem received the name of “Tenner” and was sold double its value at the Sotheby’s auction for $848,000. Even though the value was much smaller than the largest diamonds in the world, it is still a considerable fortune. The head of the jewelry department in London, Jessica Wyndham, described this fortunate event as a life-changing situation for the owner.
“…it’s going to revolutionize someone’s life.”
The Diamond Was Cut in a Different Manner than It Is Common Today
The confusion that led to the woman believing that she purchased a trifle was actually a result of today’s fashion. The diamond ring did not have the usual icy sparkle that we see today in shop windows.
On the contrary, the stone was cut in a pretty dull angle that didn’t align with other world renowned designs. This is because in the past, specialists were more preoccupied with conserving as much weight of the uncut gem as possible and less about its brilliance.
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