'Antiques Roadshow:' Huge jade ring valued at over $60K
A beautiful jade ring was valued at an even prettier price on Monday night's episode of "Antiques Roadshow."
"You're looking at an auction valuation of $60,000 to $80,000," said appraiser Gloria Lieberman on "Antiques Roadshow."
"Wow, I think I'll have to raise my insurance rates!" said the ring's owner.
That lucky woman inherited the ring from her uncle, who was a career army officer until 1961.
She said he was stationed overseas in Japan for a while, which is probably where he acquired this piece of jewelry.
Jade, or Jadeite to be exact, is found in several locations, including China, Japan, Hawaii and Russia. The appraiser determined that it was not a gemstone because when a light was shined on it, the jade appeared to have white spots.
Jade has long been revered by Asian cultures as a symbol of good luck, good health, happiness and power.
The "Roadshow" appraiser who looked at the ring determined it had been made sometime between the 1920s and 1940s.
The stunning color and unusually large size convinced her to put a $60,000 to $80,000 price tag on it.
Fans on Twitter were just as surprised. One particularly savvy viewer noted, "Hmmm I think I need to start collecting jade jewelry." Now, there's an idea!
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