'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
  • Holidays arrive at Universal Studios Orlando
  • Navy admits to penis skydrawing
  • Rev. Jesse Jackson discloses Parkinson's disease diagnosis
  • Hold the fork! Thanksgiving Dinner Pants are a thing
  • 'Mom of the year' disciplines her son by posting work ad after he was suspended
  • 'Demon' shark with snake's head caught for the first time
  • Best bathroom in America has a shark tank
  • 'Nana' supports entire football team with traditional pasta dinners
  • Spice up your Thanksgiving with this Flamin' Hot Cheetos turkey