Lost Ring Worth $370K

Montauk3

Hero Member
Nov 2, 2006
907
20
Florida
Detector(s) used
Excalibur2 \ Sovereign GT BeachHunter ID
Primary Interest:
Beach & Shallow Water Hunting
G

gamiller

Guest
Yes I would give it back ----it is a family heirloom. I''ve got doctors appointments tomorrow otherwise it might fun to join the madness which I am sure is about to occur.
 

billinstuart

Hero Member
Oct 17, 2004
578
11
stuart..the treasure coast..well, used to be
Detector(s) used
Minelab Excalibur with a WOT!
Primary Interest:
Beach & Shallow Water Hunting
Having lived in Daytona as a kid, I can assure you if you go anywhere near the pier with wave action it will chew you up. The beach usedta be wide enough I'd ride my bike past the pier casino at low tide. Barnacles a foot thick. Forget it, unless it's a really low tide.
 

FloridaBill

Bronze Member
Jan 24, 2008
1,541
5
Punta Gorda, Florida
Detector(s) used
Compass & Beachunter 300, Garrett Seahunter Excalibur ll
Primary Interest:
All Treasure Hunting
LOL A friend sent me a email before it hit the news, he and I are wondering scam?? In any case we will see what the divers come up with
 

deepsix47

Hero Member
Jul 26, 2006
644
17
Detector(s) used
Fisher Impulse, Fisher CZ-21, Minelab X-Terra 70
Primary Interest:
All Treasure Hunting
Now that's having a bad day.

Deepsix
 

stitchlips

Sr. Member
Apr 12, 2008
394
25
east coast florida
Detector(s) used
Minelab excalibur 1000, CTX 3030
billinstuart said:
Having lived in Daytona as a kid, I can assure you if you go anywhere near the pier with wave action it will chew you up. The beach usedta be wide enough I'd ride my bike past the pier casino at low tide. Barnacles a foot thick. Forget it, unless it's a really low tide.

I have seen quite a few large sharks off the pier taking the fish the fisherman are reeling in. I wouldn't go down there.
 

mumszie

Silver Member
Feb 22, 2005
2,819
123
Spring Hill, Florida
I just want to see the news when someone does find it (If they do). Funny how you hear about stuff like this and then you never hear if someone has found it!

Yes, I'd give it back. There is supposed to be a reward of several thousand and a ring like that with a rare "orange" diamond would be extremely hard to sell. Any one reputable would know it wasn't yours and anyone disreputable would not give you anything near it's worth. Besides like someone else said - it is an heirloom and passed down for several generations. I'd give it back.
 

ivan salis

Gold Member
Feb 5, 2007
16,794
3,809
callahan,fl
🏆 Honorable Mentions:
1
Detector(s) used
delta 4000 / ace 250 - used BH and many others too
ever see the movie "its a mad mad world"? -----I'd say its best to return it for the reward (if it was honestly lost and / found)-- the several grand "reward" for it would be above the melt price of the gold in the ring and theres no way in he double hockey sticks you'ld be able to move that one of a kind type of diamond on the black market most likely its "laser" marked or at the very least "recorded" ---trust me.
 

Diver_Down

Silver Member
Dec 13, 2008
4,373
2,000
St. Augustine, FL
ivan salis said:
ever see the movie "its a mad mad world"? -----I'd say its best to return it for the reward (if it was honestly lost and / found)-- the several grand "reward" for it would be above the melt price of the gold in the ring and theres no way in he double hockey sticks you'ld be able to move that one of a kind type of diamond on the black market most likely its "laser" marked or at the very least "recorded" ---trust me.

First off, I would give it back and take the reward (and pictures). But if it is an old family heirloom, it probably isn't laser marked. If someone really wanted to fence the stone, they could get rid of it at a discount in the diamond district in NYC. Still, the right thing to do would be to return it. Perhaps, the reward might even be increased. I still don't think it is in the shifting sand rather it is in a safety deposit box in a relatives/friends name in a different city.
 

SaintSea

Sr. Member
Feb 13, 2005
346
11
Central Florida
My mother called me to tell me what she'd heard on the TV about this ring... I thought it sounded "too good to be true" from the jump. Nevertheless, I'm heading down to Daytona on Sunday and might poke around the area... just to be sure!
Ruth
 

acehunter

Full Member
Feb 2, 2009
182
3
california
Detector(s) used
garrett ace 250, gold scorpion.
Primary Interest:
All Treasure Hunting
I would return it and hope for a big reward. Unless I could sell it for a hundred grand cash. I am sure those cheap insurance people will do anything to find it so they won't have to pay the guy. That's just me.
 

White Feather

Sr. Member
Nov 19, 2008
366
24
Ellenton, Florida
Detector(s) used
Whites Surfmaster, Bounty Hunter, Propwash...
Primary Interest:
All Treasure Hunting
Contact the insurance company and negotiate a 10% finder's fee. :icon_pirat: Where's Me Grog? :coffee2:
 

petersra

Hero Member
Apr 26, 2006
577
14
a few miles from the ocean
Detector(s) used
Tesoro Tiger Shark + Cheap Radio Shack + Whites DF PI + Aquasound
In the Bible, the book of Leviticus, chapter 6 says that if you find lost property you are to return it to the owner or it is a sin. If you find property and lie about it and are discovered, you are to return the object plus a fifth of its value to the owner..... In my opinion, if you want to be blessed by God, it might be a good idea not to intentionally sin against what he has commanded in the Bible. With that said, it is obvious that not all found property can be returned to the rightful owner, because you cannot tell who it belongs to. However, if you know who the rightful owner is or can figure out who it is, then I would suggest that it is proper to return it. Just so you know that my actions are consistent with my convictions, I personally have found a total of 14 gold rings since I started in this hobby 3 years ago. Only one was identifiable as belonging to a particular person. It was a highschool class ring and probably my heaviest piece of 14k gold to date. I found it in Key West, Fl and the person lived in Toledo, Ohio. I was able to find the girl on the internet at her high school web site and returned it to her at my own expense. No reward, just a note of thanks and a clear conscience that I did what was right. Each person must decide for themselves by what standard to live, God does not force himself on us, but as for me and my house, we will serve the Lord..... May you all be blessed by finding true treasure.

HH,
Ralph
 

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