The diamond, set in a ring and flanked by two 50 point stones, was initially brought into the organisation for a SafeGuard independent jewellery valuation.
After realising how much it was worth, its owner, who had inherited it from his grandmother decided to sell it.
The AnchorCert laboratory advised the client to remove the diamonds from the setting and have them certificated independently by AnchorCert to determine their quality and enhance their value.
The seller then discussed options with several specialist auctioneers around the country and decided Fellows of Birmingham was his preferred choice.
The stone was duly sold for the considerable sum of £87,000 plus buyer’s premium bringing the purchase price to over £100,000. Stephen Whittaker, Managing Director of Fellows was pleased but not surprised. “This just goes to show that we can expect high prices for quality articles in our Jewellery sales” he said.
“People tend to be very biased towards the London auctioneers but here is yet another example of where our sale exceeded London’s estimate by a significant amount. This was a stunning gemstone and it was a privilege to sell it in Birmingham’s Jewellery Quarter.”
The benefit of the AnchorCert service – the only laboratory in the UK to receive accreditation to ISO 17025 from UKAS – can be measured not only in the confidence and reassurance it offers purchasers, but also in the financial benefits that sellers achieve when selling stones that carry an independent, recognised and accredited certificate or report.