‘Antiques Roadshow’ What Would Make Diamond Encrusted Pin Lose Value?
A guest on Antiques Roadshow showed up with a diamond-encrusted pin he found in his dad’s safe deposit box. He showed it to fine jewelry expert John Colasacco, who took a look at it and gave the man some good and bad news. He said that the jewelry was worth a lot of money. However, he also said there was one thing that could drop its value by thousands of dollars.
Here is what the man learned about this jewelry and why it could drop in value.
Antiques Roadshow Reveals High Worth Of Diamond-Encrusted Pin
On an episode of Antiques Roadshow, a man brought in a diamond-encrusted pin that he found in his dad’s safety deposit box. He said that they opened the box after his dad had died and he was able to see the pin and wanted to know its history and what it was worth.
He spoke to fine jewelry expert John Colasacco, who evaluated the piece of jewelry. “I brought in this pin. It was in my father’s safe deposit box, and we had to open it when he passed. We actually had someone drill it open,” the man explained (via The Express). He said there was a lot of jewelry in there, but this piece caught his eye.
He said he believed it belonged to his grandmother. “My family, on both sides, left Germany in the 30s in a kind of a hurry,” he explained. “I believe because of some of the other jewelry that was there, like a pocket watch, which I knew came from Germany, I believe this was from Germany as well.”
John was impressed and noticed the center stone, commenting on how the light hit it. The man said he thought it was a sapphire. John said that was correct, but he said it was the type of sapphire that the jewelry industry prizes. “That color suggests that it’s a sapphire from the Kashmir origin,” John said.
What Could Make This Pin Lose Value?
Antiques Roadshow expert John explained that a landslide in the Himalayas in 1880 unearthed high-quality sapphires. However, he said that they needed a laboratory report to ensure that these were from Kashmir.
John said it all depends on where it comes from. He said that if it is from Kashmir, the sapphire is about a carat, and he sees it being worth between $15,000 to $20,000. The man was shocked and said they would have to reopen the estate and split the money three ways.
However, John also said he needed to warn the man that it could be disappointing. If it is not from Kashmir, it would be worth between $5,000 and $7,000, a drop of more than half.
What do you think about this Antiques Roadshow jewelry piece? Are you surprised at its different value depending on where it is from? Let us know in the comments below.
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