Fit for a princess? Florida auction offers a 'stunning' $65,000 diamond ring

Hundreds of lots will feature in Florida auction house Gulf Coast's upcoming Coin, Jewelry, Collectible and Antique sale this coming Saturday (November 13).

Among the prize lots in the auction will be this stunning 18kwg princess cut diamond ring, bearing one diamond with S1 clarity (meaning there are some small inclusions) and F colour.

As pictured, the diamond is held by a set of milgrain prongs, and surrounded by 1.38ctw baguette diamonds in a "triple split design." The ring is finger size 6.5.


The 18kwg princess cut diamond ring, for sale at Gulf Coast

According to Gulf Coast's lot notes, the ring is GIA certified. It will appear in the Florida sale with a $60,000-65,000 estimate. Online bidding is available, opening at $25,000.

Auctioning alongside the princess diamond cut ring, among the sales various numismatic offerings, is this 1799 Draped Bust Heraldic Eagle.

Graded VF35 - the lower end of the 'very fine' scale - by the NGC, and described as "Very Nice" in Gulf Coast's lot notes, the coin is going under the hammer estimated at $3,200-3,500.

Draped Bust designed half dime coins originally appeared in 1796, replacing the Flowing Hair depiction of Liberty which was discontinued after two years in 1795.


The 1799 Draped Bust Heraldic Eagle

The Draped Bust first appeared on silver dollars and later half dimes, like this example auction in Florida, which bore the smallest example of the design while sacrificing none of its beauty.

Quality 1802 editions of the Draped Bust half dime can sell for a minimum of $30,000. This 1796 version isn't in the same league, yet still offers a worthy entry-level alternative investment.

Gulf Coast's auction will be held in Fort Myers, Florida, US.

 

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