Stone Bought For $13.00 USD In The 80’s – Sells For 35000 Times More At Auction

RAPAPORT… A diamond ring bought for a pittance in the 1980s is set to appear at a Sotheby’s auction next month with a price tag that’s up to 35,000 times higher.

The buyer acquired the cushion-shaped, 26.27-carat, I-color, VVS2-clarity diamond for $13 (GBP 10) at a car-boot sale — a British term for a market of amateur dealers selling secondhand goods out of their car trunks. The informal deal took place on the assumption that the stone was a decorative costume jewel, Sotheby’s explained.

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