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It's not junk, it's "PLAT"

D

DaveT.

New member
I was detecting last evening at a local beach. There were so many people on the beach and in the water due to the extreme heat here in South Jersey. I was in an area midway between the high tide and low tide mark and all I was digging was pennies. A few people were watching me and the little kids were out of control. They would jump in the hole I was digging and start scooping out sand with their hands. I couldn't wait to move on down the beach. I got a target, which I knew by the tone wasn't gold or silver. I figured it was another sandy zinc penny. As I dug the target, I thought I saw a silver edge, like a stainless earring. It was a ring that I picked it up quickly and put into my pouch. I thought it was a junk Avon ring that looked great, but had no value. A little further down the beach I took a closer look at the ring and saw "PLAT" marked on the inside and it appeared to have a large center stone with 3 diamonds on either side. When I got home, I tested it and the stones came up "diamond" on my tester. I think the center stone is at least one karat. I will be checking this ring out with my local jeweler on Monday. After ten years of detecting, this was my first platinum find. HH
 
Wow! That ring is worth a BUNCH, buddy! Let us know what the jeweler says.

By the way, does everybody realize platinum is worth over double what gold is? Last I looked (about a week ago) gold was at $429 an ounce and platinum was at $900 an ounce. And if that diamond is a carat and good quality, you could be looking at a ring worth between $5000 and $10000 somewhere. Of course that depends on the quality, weight, and the other stones. But looks like a home run to me!
 
That thing could be anywhere now. I doubt it's anyplace near where it was lost now. I suppose it could be but my guess is it's moved around A LOT. Sure would be nice to find.
 
n/t
 
I checked online for the diamond value,based on what I know from going to auctions. No one puts a bad diamond into platinum. so lets assume it's a 1.0 carat stone at least VS1 and the color is F grade. The stone Retail for a certified stone is around $8500.00. Please let us know what your Jewler says, I am interested to see how close I got.

Good luck, great job

Mark
 
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