'Antiques Roadshow': Necklace bought for $5,000 valued at $125,000
On Monday night's episode of "Antiques Roadshow," a woman brought in a necklace her mother-in-law had gotten for $5,700 back in 1960 -- and you won't believe how much it's worth now.
"I would say that there would be a retail replacement value, or in a high-end retail store, at $125,000 today," said appraiser Virginia Salem on "Antiques Roadshow."
"Wow. That has appreciated quite a bit hasn't it?" said the necklace's owner.
The owner's father-in-law had the beautiful diamond necklace custom made for his wife at Van Cleef & Arpels in New York, which was one of their favorite cities to visit.
The "Roadshow" appraiser who looked at the necklace said it would need to be officially graded by the Gemological Institute of America to confirm its value.
Yet she was certain the piece was worth at least $125,000 because the owner still had its original receipt and certificate.
Fans of the show on Twitter were astounded by how much the item's price had gone up over the years, and a few posted about how much they wanted one of their own.
One user in particular strongly disagreed. "Diamonds are a girl's best friend? Depends on the girl, I guess. I'd be too afraid I'd lose that necklace."
We can't really blame her there.
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