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'Antiques Roadshow': $30 Ring Turns Out To Be Worth Fortune

'Antiques Roadshow': $30 Ring Turns Out To Be Worth Fortune
On 'Antiques Roadshow,' a woman brought in a ring she won at an auction about two or three years ago. She paid just $30 for it, thinking it was just a cubic zirconia.

When she got it home, she noticed it was a lot nicer than a cubic zirconia. It had a lot more sparkle, and the band wasn't silver, it was platinum. It turns out her suspicions were right.

Ring

MARK SCHAFFER (APPRAISER): 'We tested it, we looked at it, we put it under the loop. We used the diamond tester just to be sure, but in fact it does test as diamond, not as CZ. What you have is a ring that looks like it's eight to 10 carats from the top, and ... it's a diamond.'

The appraiser said the ring dated back to the 1920s or 1930s ... and would be conservatively worth $25 to $30,000 retail. The woman had just one word for the reveal: 'Amazing.' She repeated it a few times after learning the ring's true value, saying she was in shock.

Tweeters were in shock, too:
Facebook fans were just jealous, saying they'd love to wear the ring even if it wasn't worth a fortune.

Join the discussion

1000|Char. 1000  Char.
ks44 February 18 2014 at 11:47 PM

last week they had on a carved rhinocerous horn- bought at a flea market for $1. Worth 350-450, 000. yup 350, 000-450, 000. She was stunned. She had to ask him twice to repeat I think.

Flag Reply +1 rate up
cookielady615 February 18 2014 at 12:49 PM

No one said it was from an Auction House. It just says she won it at an auction. This could have been at any event from a school or church group as a fund raiser where people donated the merchandise.

Flag Reply +9 rate up
sebring44 February 18 2014 at 5:29 PM

she bought it at an auction NEVER said auction house...plenty of auctions are amatuers and not screened for REAL valuables....

Flag Reply +4 rate up
Jean February 18 2014 at 2:01 PM

It was probably just a local auction, I've been to many here where I live but never have I seen anything like that, lucky lady to say the least.

Flag Reply +3 rate up
bjtenley February 18 2014 at 2:26 PM

It's not one stone, it's about 9 separate diamonds with the center stone approximately 2 carats. We saw the show the other night where they described the ring.

Flag Reply +3 rate up
1 reply
foxdiachik bjtenley February 18 2014 at 4:20 PM

This makes more sense. The photo shown above is of a well cut single stone....so someone has just picked a picture from an ad or public files.

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1 reply
rncrelac foxdiachik February 18 2014 at 9:01 PM

No, I saw the same episode, and that IS a photo of the ring in question -- the appraiser said that what looks like a single giant stone is actual a number of them cut to fit closely around the center one.

Flag 0 rate up
Mik's $ Toy February 18 2014 at 3:00 PM

depending on cut, clarity, color and carat makes up for the estimated value - too many untrained people making absurd comments about the ring and they know nothing about the 4 C's of diamonds

Flag Reply +5 rate up
Maureen February 18 2014 at 3:11 PM

wish i bought it

Flag Reply +2 rate up
bottmmn105morris February 18 2014 at 3:28 PM

Would like to know the name of the Auction house as they evidentally don't know their business

Flag Reply +4 rate up
dashdzl February 18 2014 at 5:04 PM

It probably belonged to Mrs. Howell as a dinner ring!

Flag Reply +3 rate up
teridavisnewman February 18 2014 at 5:06 PM

I bought a pin on eBay that was advertised as "possibly silver" with "clear rhinestones". Guess what: The "possibly silver" turned out to be 18K white gold and the "clear rhinestones" are diamonds. I paid $12 for the pin, it's worth $2900.

Flag Reply +5 rate up
1 reply
newzealandwool teridavisnewman February 18 2014 at 7:10 PM

believe it or not I had a similar experience with an antique filigree bar pin I bought. I thought it was sterling and crystals. It was 14K white gold and diamonds. The old mine cut diamonds have a different look than modern diamonds.

Flag Reply 0 rate up
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