Update on the ring. I took it to another jeweler for an informal appraisal, he looked it over and said it is about 1 1/2 karats, and worth an easy 6 to 7 K. Thanks for all the nice replies, I only hope that all of you have a great find like this. Just keep trying and it will happen. It was found at a Malibu Ca. beach in the sandy where people lay the blankets, about 2 in deep. I was using a Headhunter PI detector and it gave off a very strong signal. After I came to I got into the car and drove home chatting on the phone with my Brother Comfy in Vt. That was a day I will never forget.