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'Antiques Roadshow': Necklace worth whopping $100,000

'Antiques Roadshow': Once-Lost Necklace Worth Shocking $100,000

'Antiques Roadshow' was back in Boise, Idaho, where a woman brought in a necklace she had inherited from her mother.

Her mother had actually inherited the necklace from a friend who passed away, and they knew very little about it. The woman's mother found the necklace about 15 years ago, but had no idea exactly how long she had had it.

Appraiser Peter J. Shemonsky said he would 'date the piece about 1918, 1920. The piece is made of platinum, it's set throughout with diamonds, both round diamonds and baguettes. But the real star of this piece is this stone right in the center. This red stone.'

That would, of course, be a ruby -- specifically an unheated, three carat Burmese ruby, something the appraiser said was very rare in the colored gemstone market. There's a huge demand for Burmese rubies, so the necklace was valued between $80,000 and $100,000. The woman was speechless.

Tweeters couldn't believe the value -- one saying the stunning piece looked like something out of 'Downton Abbey.'

Or perhaps it's something fit for a queen? Queen Elizabeth's tiara is actually made out of the same precious stones.

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almmj January 22 2014 at 12:42 PM

i wonder if her mother stole it from the lady and that is why it was forgotten for 15 years....

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abrath8793 January 22 2014 at 2:59 AM

Time to dig through all your jewelry boxes people !! There's gold in 'um hills

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mister teddy January 22 2014 at 2:09 AM

what kind of person doesn't see the diamonds..this lady knew just what she had and wanted to get a free evaluation..with her pure rubbish made up story..

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Aloha Anne January 22 2014 at 1:41 AM

That's great. I am very happy for her luck with the necklace Bet many people have things just lying around or stored in closets worth bucks & don't have a clue. Then again for me personally I do not have the slightest idea who to ask or show items I am curious about that would trust to give me an honest & fair evaluation. Another problem many including myself have is not being able to afford to pay an appraiser only to find out items value might only be sentimental. or having a location within traveling distance when you live in the boonies. some have items too large to handle or might be afraid to drive alone with jewelry & silver. I have some very old things ranging from antique jewelry, christmas ornaments, magazines, books, etc.? What of someone owned an original Nazi flag, the size probably flown over a public building or a set of bucket glasses each with gold signature of a former U.S. President ? How do people find someone that is an honest &fair expert iwithin reasonable traveling distances? How do curious individuals find someone to evaualate items for free or at least a very small charge? My point is I'd be willing to bet hundreds of amazing collectables, historacle items & lost works from famous artists would emerge to be shared with the world. Alot of the elderly either don't drive, cannot carry heavy things , cannot afford to travel & pay for this service or would be just plain scared to travel & trust. a stranger.. Someone would be doing the world a great service if they offered this advice on the net, radio & television... Just a thought. Thanks for listening.

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almmj January 22 2014 at 12:37 PM

sounds like you have trust issues...

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Broke bad January 22 2014 at 1:09 AM

holy ****! Wish I owed that!

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paxrail January 22 2014 at 12:03 AM

Hundred thousand bucks - har. The necklace will never actually fetch that. Were it brand new, right out of the jewelry store, perhaps. As second hand, fuhgeddaboudit. Nice Burmese ruby, though. Rare. If you do not have the lifestyle that justifies wearing a piece like that, hang it up on display like a piece of art.

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Lmrphoto January 21 2014 at 10:57 PM

What the mouth states and the Money actually paid for it, is usually, never close. All jewelry is appraised at the Max amount possible. Usually 500 to 1000% more than it's actual value. In others words, this piece will fetch around 30K-35K. For those who buy diamond rings for engagement purposes and/or marriages, the average person will pay $1000 for stones that are worth no more than $125 in the open market. The markup is stupendous! You will never get more than 10-20% for any stone that you will ever buy. It is all a game and only fools play it. Instead of a ring, give your partner stocks. You will always make Money on those and, you will usually need it to pay for the Divorce.

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almmj January 22 2014 at 12:40 PM

divorced becuz the stocks fell and are worthless...divorce becuz worthless hubby was too cheap to buy a freaking engagement ring....divorce beucz cheap hubby only thinks about himself...definitely is fiance gives stocks instead of engagement ring a divorce will follow the marriage..that is if they ever get married...

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bharrison777 January 21 2014 at 9:54 PM

Sorry, the headline is wrong. $100,000 dollars does not make you rich. Money doesn't buy what it use to. Would be nice to have but rich? Not close.

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Lady Blue January 21 2014 at 9:53 PM

I total doubt she never had it appraised.

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Mister Wonderful January 21 2014 at 9:48 PM

Now that you have let the public know it is only a matter of time before the IRS sends you a tax bill for inheritance tax and interest for 15 years. It is called Death Tax by the way.

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