Sourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.
Ring Sold for $13 at Outdoor Market Could Bring $450K
Its owner believed it to be a piece of costume jewelry but the GIA found that the ring was set with a 26.27-carat diamond.

London--A chance find at an outdoor market in London could turn out to be a major payoff for one lucky woman.
Next month, Sotheby’s London will auction a ring purchased at a car boot sale (where people sell possessions out of the trunks of their cars) in the 1980s.
The owner, who is choosing to remain anonymous, paid $13 for the piece, believing it to be costume jewelry.
She wore it for decades while doing all sorts of activities like shopping and chores, unaware of its value, but recently decided to have it appraised after a jeweler told her it could be real, the auction house said.
The stone’s history--including how it came to be sold out of the trunk of a car--are unknown.
The ring could sell for between $320,000 and $450,000 when it hits the auction block at Sotheby’s Fine Jewels sale on June 7.
Jessica Wyndham, head of Sotheby’s jewelry department, told CNN that it wasn’t that surprising the original buyer didn’t realize it was a real diamond, noting that its sparkle likely was hidden by the ring’s dark mounting and its old-fashioned cut.
“When we think of diamonds, we think of modern cuts, of brilliance,” she was quoted as telling the news outlet. “This wouldn't have looked like that. The silver had tarnished and there was probably some dirt. These diamonds were made for candlelight, not our white artificial light, so it was all about trying to bring out its fire.”
The Latest

The clothing and accessories chain announced last month it would be closing all of its stores.

The “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

The event will include panel discussions, hands-on demonstrations of new digital manufacturing tools, and a jewelry design contest.


Registration is now open for The Jewelry Symposium, set to take place in Detroit from May 16-19.

Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Lady Gaga, Cardi B, and Karol G also went with diamond jewelry for Bad Bunny’s Super Bowl halftime show honoring Puerto Rico.

Jewelry is expected to be the No. 1 gift this year in terms of dollars spent.

As star brand Gucci continues to struggle, the luxury titan plans to announce a new roadmap to return to growth.

The new category asks entrants for “exceptional” interpretations of the supplier’s 2026 color of the year, which is “Signature Red.”

The White House issued an official statement on the deal, which will eliminate tariffs on loose natural diamonds and gemstones from India.

Entries for the jewelry design competition will be accepted through March 20.

The Ohio jeweler’s new layout features a curated collection of brand boutiques to promote storytelling and host in-store events.

From heart motifs to pink pearls, Valentine’s Day is filled with jewelry imbued with love.

Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.

New CEO Berta de Pablos-Barbier shared her priorities for the Danish jewelry company this year as part of its fourth-quarter results.

Our Piece of the Week picks are these bespoke rings the “Wuthering Heights” stars have been spotted wearing during the film’s press tour.

The introduction of platinum plating will reduce its reliance on silver amid volatile price swings, said Pandora.

It would be the third impairment charge in three years on De Beers Group, which continues to grapple with a “challenging” diamond market.

The Omaha jewelry store’s multi-million-dollar renovation is scheduled to begin in mid-May and take about six months.

The “Paradise Amethyst” collection focuses on amethyst, pink tourmaline, garnet, and 18-karat yellow gold beads.

The retailer credited its Roberto Coin campaign, in part, for boosting its North America sales.

Sherry Smith unpacks independent retailers’ January performance and gives tips for navigating the slow-growth year ahead.

From how to get an invoice paid to getting merchandise returned, JVC’s Sara Yood answers some complex questions.

Amethyst, the birthstone for February, is a gemstone to watch this year with its rich purple hue and affordable price point.























