Another Ring Return

CapNRon said:

Vexhold, what and where is your local club?

Click to expand...

NHKeith said:

Hastings, MN??

Click to expand...

vexhold said:

A new guy joined our local club forum and posted a trove of items found at a park. One of the items was a HUGE ring (2.07ct diamond 14k gold weighing 1.1 ounzes). This was his first time out swinging and I for one would find it hard to cough this bad boy up.

He did get it appraised and was told it had one inclusion under 10x scope and was G/H color. Roughly worth $20,000

There was a name engraved inside and it took him about a week, but he tracked down the owner and returned it. He recieved a reward of $500.

Serious praise comes from me and others in our club, but wanted to share his story here as well.

In the same trip, he found 155 clad (over 18.00 worth) and 11 other pieces of various jewelry.

I have tried to fish out where he was hunting to no avail.

http://usrec.websitetoolbox.com/file?id=1210820

http://usrec.websitetoolbox.com/file?id=1210819

Edit: He got an AT Pro BTW.

Click to expand...

Cowboy26a said:

Let me ask a question. How many people would own a single piece of jewlery worth $20,000 and not have it insured. My guess is none. If he collected the insurance , shouldn't he return the money minus $500? If it wasn't insured, the reward should have been more. At least 10% of the value. he got off cheap with $500. It was very noble of the finder to return the ring. Many people would not.

Click to expand...

Cowboy26a said:

Let me ask a question. How many people would own a single piece of jewlery worth $20,000 and not have it insured. My guess is none. If he collected the insurance , shouldn't he return the money minus $500? If it wasn't insured, the reward should have been more. At least 10% of the value. he got off cheap with $500. It was very noble of the finder to return the ring. Many people would not.

Click to expand...