Woman Buys Ring For $13, But Finds Out It Is Worth Much More

Do you buy used objects in flea markets, garage sales, or thrift stores? After that story, you will start thinking about doing it. You will be surprised to know that a used ring bought at a flea market was much more valuable than it looked. Do you want to know more about this amazing ring? Keep reading! Click 'Next Page' to check out this surprising story. Search for the Best Deal If you are shopping for a retro dress, some home decor, or maybe even a cute tea set, flea markets are the place to be. Everyone in there is searching for the best deal. But definitely, it was this English lady that found the best deal ever. Click 'Next Page' to know what she found. Choosing a Ring It was just a regular Sunday sale when the woman decided she wanted to buy a ring for herself. After searching a lot, she decided to buy a weird and big ring that she liked. After bargaining a bit, the woman agreed to buy it for £10, the equivalent of $13. However, she had no idea of the real deal she had just got. Favorite Ring She decided to use it almost every day for the next 30 years of her life. Because even though the stone couldn't possibly be a real, it seemed like a rock worth of a queen. And that made her love it a lot. But why was she so sure it couldn't be real? Too Big to be Real First, the diamond was way too huge to be a real stone that could be purchased at a flea market for £10. Secondly, the cut of the diamond was strange. It wasn't even sparky as diamonds usually are. One day, a jeweler saw it, and everything changed. Catching the Eye of the Jeweler When the man first saw the ring, he was intrigued by it. Was it real? He thought there was a chance that the rock was not completely worthless, so he asked them to get it appraised. The owner decided to do it, even though she was skeptical about it. It was time to discover the real worth of the ring. Appraising the Piece A few days later, she decided to take the ring to an appraiser. She went to Sotheby's, which was the only place this woman knew to have this service around where she lived. After a quick investigation, the appraised came to a shocking conclusion. It Real! What the appraiser realize was that the absurdly large diamond that this woman had worn on her finger for almost 30 years wasn't fake at all. It was real! And the most shocking thing about it was its size. No one would believe how many carats it had... 26-Carat Diamond In fact, the ring had a 26-carat white diamond from the 19th century. According to Jessica Wyndham, head of the jewelry department at the auction house Sotheby's, the old-fashioned cut style could make it look like it wasn't a real jewel. The characteristics of the diamond shocked the specialist. Unique Cut This unique diamond features a design of structured chevron, intended to reflect light entirely differently from conventional diamonds. They don't shine as brightly. So they have a cooler hue rather than a dazzling sparkle. But that made it even more valuable... Unbelievable Value The ring's original value was estimated to be somewhere near £350,000, but the owner was very fortunate once again when the diamond finally went to auction. She never imagined it could be sold for even more than it was appraised for. The value reached was shocking. The Winning Bid The diamond went to auction, and after many bids, the ring was sold to an anonymous buyer. But what was really impressive was the amount of money the buyer paid for this diamond ring: it was a shocking total of £847,000, the equivalent of $912 261. But there was a reason for it to be worth so much, besides its size. Inestimable Ring There was a possible explanation of why it might have sold so much higher than its estimated worth. It may have to do with the fact that a diamond specialist believed that the stone belonged to someone important. Who was this mysterious person? A queen? Important Owner Tobias Kormind, a diamond expert and director of 77 Diamonds, believed that the ring was once owned by royalty or a person of great wealth. And he explains why to CNN "because it originates from the 1800s, before the discovery of modern diamond mines and time when very few diamonds were available." And he also said there was a way to increase even more its value. Increasing the Value The diamond specialist also said that the best way to increase the diamond value was to cut it as a modern stone. But if the buyer decides to do it, we'll never know, since he chose to remain anonymous after the big purchase. Either way, he made the older owner very happy with her deal. Best Deal Ever This British woman probably got the best deal that someone could ever have while buying in a flea market. But believe it or not, it's not the first time someone but something that it's later revealed to be a treasure. Other underestimated items have been found at flea markets around the world. Now you know that priceless items can be found in completely unexpected places. What would you do if you realized you were holding a precious object at home... or even worse: what would you do if you were the person who sold it for 13 dollars? Source: BBC, CNN, The Guardian, Business Insider, Youtube, The Vintage News.