French-Cut Diamond Ring
Appraised Value: $150 - $200 (1998)
$250 - $300 (2012)
IMAGE: 1 of 1
Appraisal Video: (1:36)
GUEST: I found it down by the Milwaukee River. I was down there hunting for old bottles after they opened the dam up and the water level went down. Then there was a little embankment down there and I'd find marbles down there and I'd pick them up. A couple weeks later, I'd go down there and I'd find some more marbles. So I thought, "Where are these marbles coming from?" because they would keep reappearing. And I started to dig in the embankment and the ring fell out in my hand.
APPRAISER: How incredible. Well, the marbles alone could be interesting. The ring here is very interesting. The center stone here is what looks to be a sapphire, and it's French cut, but in actuality it's a synthetic sapphire, which has the same physical, chemical and optical properties of the natural, but unfortunately, it's manmade. However, the diamonds are real, as is the metal around it. And the metal around it is white gold done in beautiful piercing work. In the '30s and '40s, natural stones from India were very, very difficult to come by, so many people started incorporating synthetics into their designs, which is why you oftentimes find natural diamonds with synthetic stones. The workmanship of the piece is wonderful piercing-- millegrain work-- very typical of the period. Well, it's beautiful, and you found a nice one, and at auction, it's worth between $150 and $250.
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