The ring up for auction at graysonline. Picture: graysonline.com Source: Supplied
AN auction for a $27,000 ring recovered from an accused jewel thief is just hours from ending but has so far failed to reach even half of its value.
Crown Family Jewellers spokeswoman Francesca Antonaglia-Monteverde said proceeds from the auction for the 1.53-carat yellow diamond would go to the Leukaemia Foundation.
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The ring up for auction at graysonline. Picture: greysonline.com
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The latest bid has now hitched the price of the 1.53-carat yellow diamond ring to $13,250 - only $250 more than the previous offer.
The bid, made from Victoria, is only the 11th offer made on the ring.
The majority of earlier bids were from Queensland residents, however there have also been bids from New South Wales and Victoria.
"This is a unique ring," Ms Antonaglia-Monteverde told The Courier-Mail.
"From the mine to the jeweller to the cutters to the designers, down someone's throat."
The ring was returned to the store by police after David Watts underwent a colonoscopy earlier this month.
Police allege he stole two rings from Crown Family Jewellers at Indooroopilly in November. One of the rings was accidentally thrown out while Watts was in custody.
The auction at graysonline.com ends tonight at 8pm.
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