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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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lsheaffer January 21 2014 at 6:07 PM

The headline on this piece says, "Ignored item is about to make her rich." Since when does $100,000 make you rich? Maybe 100 years ago it would have made you comfortable, but in today's economy $100,000. is a drop in the bucket. Could you invest that money and retire on the income, which would be about $5,000. per year? Some people spend that much on dog food to feed their pets.

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2 replies
Carabella lsheaffer January 21 2014 at 6:53 PM

Walk a mile in the shoes of someone has nothing. $100k has made her rich.

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2 replies
rdz69 Carabella January 21 2014 at 7:10 PM

she wasn't broke- but if it makes you feel better, we'll go along with your assumption....

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ktv813 Carabella January 21 2014 at 7:38 PM

The letter 'i" is next to the letter "o" on a typewriter keyboard. You insulted a commenter for a mispelling a word by hitting the "i' instead of the "o" key with a comment about a high school eduction. In your comment above you left out an entire word. What is your diploma printed on - toilet paper?

Your math skills are deficient, too. $100,000 does not make anyone rich. In 2011, not one state in the USA had an average home price less than $100,000.

http://www.statisticbrain.com/home-sales-average-price/

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shoreline9 lsheaffer January 21 2014 at 9:34 PM

You're wrong. Properly invested in mutual funds, $100,000 can easily make $10,000 a year or more.

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kimcrdr January 21 2014 at 4:41 PM

I bet you she is one happy camper knowing the necklace was found again after not knowing where it was, I know she was shocked, its a beautiful piece, congrats!!

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1 reply
babbey123 kimcrdr January 21 2014 at 8:41 PM

It is beautiful and I am happy for her.!!

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cgssnavickas January 21 2014 at 4:57 PM

I'm sure she will put the money to good use should she decide to sell it.

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hey January 21 2014 at 6:28 PM

good for her, if she is not going to wear it, which would be dangerous and foolish then she ought to take the money and enjoy it

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vett4mike January 21 2014 at 6:41 PM

100000 dollars dies not make you rich.

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2 replies
Carabella vett4mike January 21 2014 at 6:52 PM

And a high school education obviously doesn't give you intelligence. Use spell-check. Really. It works.

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shoreline9 vett4mike January 21 2014 at 9:32 PM

When you make minimum wage, living paycheck to paycheck and still can't make ends meet, $100,000 makes you rich.

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photogeorgehemet January 21 2014 at 12:52 PM

In the FIFTIES, when my Mom and Dad were just married, $100,000.00 would make you RICH. Nowadays, that much will get you a new CAR and a trip to PARIS for 2 weeks.

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1 reply
bobparks77 photogeorgehemet January 21 2014 at 2:23 PM

Will buy you 1/5 of a crappy house in my neighborhood of San Diego.

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dan_crabtree January 21 2014 at 12:30 PM

As a long tme buyer of all jewelry, costume or not.. i cringe every time i hear a story on throwing grandma's old junk jewelry into the trash..

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1 reply
Kate dan_crabtree January 21 2014 at 4:21 PM

You and me both! It's amazing how many genuine and valuable pieces end up in thrift stores, yard sales, and flea markets. On the other hand, it's fun to look for them!

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tourneyj January 21 2014 at 12:30 PM

wish it were mine its pretty

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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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Lady Blue January 21 2014 at 9:53 PM

I total doubt she never had it appraised.

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