'Costume jewelry' diamond really worth hundreds of thousands

- Some people have all the luck. Consider the person who dropped about 10 pounds (about $15) around 30 years ago on what was thought to be a piece of costume jewelry - it turned out to be a 26.27 carat white diamond.

The gem bought at a flea market is expected to fetch about 350,000 pounds ($454,000) when it is auctioned by Sotheby's next month.

The buyer had no idea of the ring's value because 19th-century diamonds were not cut to show off their brilliance and clarity.

The auction house's jewelry department chief, Jessica Wyndham, said Monday the owner wore it on a daily basis, unaware that it was a real diamond.

She called it "an amazing find." The owners have asked not to be identified.

Up Next:


Up Next

  • 'Costume jewelry' diamond really worth hundreds of thousands
  • Mystery of green drinking water in Louisiana parish solved
  • Soon-to-be parents learn baby's gender with help from Myrtle Beach SkyWheel
  • What is a 'dotard'? Searches of the term spike following Kim Jong Un's statement about Trump
  • Raccoon hitches ride on police cruiser hood
  • Tim Tebow brings meals, smiles to Irma victims
  • California emergency alert test seems to signal end of days
  • Mexico's Naval rescue dog becomes furry face of hope
  • Palm trees catch fire at CA country club
  • Earthquakes: What causes them, and why they're so destructive