Diamond Ring With Large Pear Shaped Diamond Sold For £100,000
Fellows & Sons auctioned a rare ring recently for all of £100,000. The ring had a pear-shaped diamond which weighed 12 carats and the buyers just kept pushing up the price till it reached this amount when the buyer’s premium was added on. This took place at their Birmingham auction.
So how did such a rare ring come up in an auction? The owner of the diamond ring says he inherited it from his grandmother. He took the ring for a valuation to the AnchorCert Independent Diamond and Gemstone Laboratory and he said he wanted an independent Safeguard valuation. That was when he realised that what he was holding was worth so much.
The ring, as we said, has a pear-shaped diamond and this is flanked on either side by a pair of 50-point diamonds. It was when he realised that the diamond was so valuable that he decided to sell it and that is how it came to be auctioned.
Tags: diamond ring
