Woman Nearly Threw Away Rs 20 Crore Diamond, Believing It Was Fake

The auction house initially thought the stone to be a cubic zirconia, a synthetic diamond lookalike, and tested it only after someone suggested it to them.

A woman was in for a big surprise when she visited an auctioneer in northeast England to sell the costume jewellery she had accumulated over many years. Her bag full of jewellery contained what she thought was a relatively ordinary stone. However, tests confirmed that the stone is a 34-carat diamond and the woman is now set for a 2-million-pound windfall. On its Instagram account, the Featonby's Auctioneers and Valuers showed an image of the gem, which is bigger than a pound coin, and detailed the story of how it came to them.

“The stone made its way through our doors back in June without any intention,” it said. The auction house initially thought the stone to be cubic zirconia, a synthetic diamond lookalike, and stored it in the director's office. After someone suggested that it should be tested, the auction house used a tester. It came out as a genuine diamond. The auctioneers then sent it to experts in London and Belgium, who confirmed that it's 34-carat. The carat measurement relates to the weight of the stone. Heavier stones have a higher carat and higher value.

“34.19ct Round Brilliant Cut Diamond, H colour, VS1 Clarify with a triple excellent cut grade and laser inscription certified by the HRD Diamond Grading Laboratory in Antwerp,” the auction house added.