GUEST: Well, I inherited it from my great-aunt.
APPRAISER: Okay, and what year did you get it?
GUEST: I got it 1997, late 1997.
APPRAISER: All right, so that's about 11 years ago.
GUEST: Mm-hmm.
APPRAISER: And what did they value it at?
GUEST: It was about $20,000 when we had it appraised.
APPRAISER: And they told you the size?
GUEST: Yes, I can't quite remember. I think it was over three.
APPRAISER: This is an emerald-cut diamond ring probably done in the 1950s, and we measured it, and it came up to be just under four carats.
GUEST: Okay.
APPRAISER: And I wish I could have gotten another little bit out of it.
GUEST: (laughs)
APPRAISER: Because at four carats, the price really jumps.
GUEST: Oh, really.
APPRAISER: But, in this 11-year period, the price of stones like this has gone up dramatically. The color, we think, is sort of an I color. It's still white, but just going towards a little bit yellow, and it's very clean. So we're giving it an I VS2. So, in the market today, you're probably at almost $40,000.
GUEST (gasps): Really, wow.
APPRAISER: So you've really got a treasure.
GUEST: That's great.
