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Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Explore Q Report's Content Centre for expert advice on jewellery insurance. You can also read e-guides and blogs, watch videos and more.

Jewellery, engagement ring & watch advice, plus insurance tips & industry insights. 

Watch expert tips, discover insurance benefits & hear real customer stories. 

Find answers to common questions about jewellery, engagement ring & watch insurance. 

Click here to access important policy documents - Product Disclosure Statement, Financial Services Guide, and Policy Wording.

Click here to access the Target Market Determination (TMD) document.

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Antiques Roadshow. Are You Sitting on a Gold Mine?

Q Report Team

Updated on March 21, 2025
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Have you seen the one where the long-haired man hears what his watch is worth and falls on the ground? The United States Air Force veteran bought a Rolex in 1974 for $345.97. He kept the receipt. He bought it because he heard it was suitable for scuba diving, but when he received it, he felt it was too lovely to wear in saltwater.

Instead, he kept it in a safe deposit box at his bank for the next forty years. Then, when the Antiques Roadshow made it to his hometown of Fargo, North Dakota, USA, he brought it out and learned that it would likely sell at auction for a whopping $400,000!

Its mint condition and original paperwork, including a brochure for the Rolex Cosmograph, contributed to the watch’s sky-high value and sent its owner into paroxysms of happiness.

How about you? Are you sitting on a gold mine? What about that unusual brooch your aunt gave you for your graduation from university? Have you wondered about that bracelet you picked up at your neighbour’s jumble sale?

Let’s take a look at some of the unique stories told about fascinating finds at the Antiques Roadshow.

Art Deco Jewellery

This gentleman’s great-aunt Indiola lived in New York’s high society during the roaring twenties, and she passed some of her favourite pieces down as heirlooms. Watch her great-nephew’s eyes get bigger and bigger as he learns that some of these pieces are worth as much as $70,000.

French Art Deco Ring

Imagine spending $30 on a ring and then realising that the band is made of platinum. That’s not all. After a quick Google search, you discover that the piece was made in France. This lady brought her $30 find to the Antiques Roadshow and learned that the stone was actually several diamonds set to look like one 10-carat stone. The appraiser estimated the value of the ring to be $25,000 - $30,000.

Dutch Rose-Cut Diamond Ring

After her Dutch husband died in World War II, a young widow went to Holland to visit the in-laws she had never met. They gave her a lovely ring, which has become a family heirloom. The current owner took the ring to the Antiques Roadshow and learned that the stone is a Dutch rose-cut diamond that hearkens back to Antwerp in the 1780s. The value? $10,000 - $15,000.

 

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1904 English Smith & Son Tourbillon Pocket Watch

This classy pocket watch features a winding indicator, so the wearer can know at a glance when it’s time to wind it once again. The 18k solid gold case was made by Frederick Toms, a famous English case maker. The timepiece’s escapement is incredibly rare, which ups its value to $40,000 - $50,000.

 

Louis Comfort Tiffany & Co. Necklace

One woman brought in her great-grandmother’s necklace to find out what it was worth. Made between 1900 and 1908, the large pendant, which features a black opal, also includes a halo of uniform Russian demantoid garnets, the rarest form of the stone. Add the jeweller’s reputation to the mix (it was designed by Louis Comfort Tiffany of Tiffany & Co.), and the value rises to $30,000 - $40,000.

 

Edwardian Ruby and Diamond Bracelet

A woman brought in her husband’s grandmother’s delicate ruby bracelet. The piece of jewellery has special meaning to the family because the Hilda, the original owner, didn’t make it out of Germany alive. Of course, the piece is priceless to the family, but the appraiser valued the piece at $20,000.

 

Gold, Platinum & Diamond Pendant Brooch

This gold, platinum and diamond pendant brooch began its life as an engagement ring for an opera singer. She didn’t like wearing the incredible sparkler as a ring, so she had it converted to a pendant she could wear around her neck. With over 4.5 carats of diamonds, the piece is valued at $20,000 today.

Are you sitting on a gold mine? Antiques Roadshow appraisers often recommend that collectors insure their jewellery for specific amounts. You can protect your vintage pieces with Q Report Jewellery Insurance, which offers Agreed Value policies. We also provide complimentary revaluations each year, so you’ll always know you have enough cover.

To learn more about our policy, or to get a quote for your special treasure, give us a call at 1300 882 018.

 

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Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

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Have you seen the one where the long-haired man hears what his watch is worth and falls on the ground? The United States Air Force veteran bought a Rolex in 1974 for $345.97. He kept the receipt. He bought it because he heard it was suitable for scuba diving, but when he received it, he felt it was too lovely to wear in saltwater.

Instead, he kept it in a safe deposit box at his bank for the next forty years. Then, when the Antiques Roadshow made it to his hometown of Fargo, North Dakota, USA, he brought it out and learned that it would likely sell at auction for a whopping $400,000!

Its mint condition and original paperwork, including a brochure for the Rolex Cosmograph, contributed to the watch’s sky-high value and sent its owner into paroxysms of happiness.

How about you? Are you sitting on a gold mine? What about that unusual brooch your aunt gave you for your graduation from university? Have you wondered about that bracelet you picked up at your neighbour’s jumble sale?

Let’s take a look at some of the unique stories told about fascinating finds at the Antiques Roadshow.

Art Deco Jewellery

This gentleman’s great-aunt Indiola lived in New York’s high society during the roaring twenties, and she passed some of her favourite pieces down as heirlooms. Watch her great-nephew’s eyes get bigger and bigger as he learns that some of these pieces are worth as much as $70,000.

French Art Deco Ring

Imagine spending $30 on a ring and then realising that the band is made of platinum. That’s not all. After a quick Google search, you discover that the piece was made in France. This lady brought her $30 find to the Antiques Roadshow and learned that the stone was actually several diamonds set to look like one 10-carat stone. The appraiser estimated the value of the ring to be $25,000 - $30,000.

Dutch Rose-Cut Diamond Ring

After her Dutch husband died in World War II, a young widow went to Holland to visit the in-laws she had never met. They gave her a lovely ring, which has become a family heirloom. The current owner took the ring to the Antiques Roadshow and learned that the stone is a Dutch rose-cut diamond that hearkens back to Antwerp in the 1780s. The value? $10,000 - $15,000.

 

New call-to-action

 

1904 English Smith & Son Tourbillon Pocket Watch

This classy pocket watch features a winding indicator, so the wearer can know at a glance when it’s time to wind it once again. The 18k solid gold case was made by Frederick Toms, a famous English case maker. The timepiece’s escapement is incredibly rare, which ups its value to $40,000 - $50,000.

 

Louis Comfort Tiffany & Co. Necklace

One woman brought in her great-grandmother’s necklace to find out what it was worth. Made between 1900 and 1908, the large pendant, which features a black opal, also includes a halo of uniform Russian demantoid garnets, the rarest form of the stone. Add the jeweller’s reputation to the mix (it was designed by Louis Comfort Tiffany of Tiffany & Co.), and the value rises to $30,000 - $40,000.

 

Edwardian Ruby and Diamond Bracelet

A woman brought in her husband’s grandmother’s delicate ruby bracelet. The piece of jewellery has special meaning to the family because the Hilda, the original owner, didn’t make it out of Germany alive. Of course, the piece is priceless to the family, but the appraiser valued the piece at $20,000.

 

Gold, Platinum & Diamond Pendant Brooch

This gold, platinum and diamond pendant brooch began its life as an engagement ring for an opera singer. She didn’t like wearing the incredible sparkler as a ring, so she had it converted to a pendant she could wear around her neck. With over 4.5 carats of diamonds, the piece is valued at $20,000 today.

Are you sitting on a gold mine? Antiques Roadshow appraisers often recommend that collectors insure their jewellery for specific amounts. You can protect your vintage pieces with Q Report Jewellery Insurance, which offers Agreed Value policies. We also provide complimentary revaluations each year, so you’ll always know you have enough cover.

To learn more about our policy, or to get a quote for your special treasure, give us a call at 1300 882 018.

 

New call-to-action

 

Table of Contents

Introduction
Understanding the 4 Cs of Diamonds
Diamond Shapes
Choosing a Ring Style
Selecting a Ring Retailer

Understanding Mechanical Movements

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Statistic Heading

Rolex-super-precision

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Common Diamond Alternatives
for Engagement Rings

Tanzanite

Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Aquamarine

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Sapphire

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Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

Peace of Mind: An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

“Knowing your engagement ring is insured brings peace of mind. Accidents can happen, and insurance coverage alleviates the worry and stress of potential loss or damage.”

Unlike their battery-powered quartz counterparts, luxury watches have a beating heart – the mechanical movement. First created in the 14th century, large, weight-driven tower clocks with verge escapements and foliot balances marked the dawn of mechanical timekeeping.

Today, the core concept of mechanical movements remains unchanged from its original conception. It involves an intricate arrangement of gears, springs, and an escapement powered by a wound mainspring. This precision engineering allows for smooth operation and precise timekeeping.

Manual watch movements require the wearer to wind the crown periodically. Automatic watch movements, on the other hand, utilise the wearer's movements to keep the mainspring wound, offering a convenient everyday solution.

The Patek Philippe Calatrava, with its ultra-thin manual movement, exemplifies the elegance of traditional watchmaking. On the other hand, the Rolex Oyster Perpetual, with its self-winding mechanism epitomises practicality and durability.

Whether manual or automatic, a mechanical movement imbues a luxury watch with a soul, a testament to human ingenuity and a treasured heirloom for generations to come

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Expert Tip

Budget Considerations

Diamond shapes can vary in price due to popularity and demand. Round brilliants, for example, tend to be more expensive than other shapes due to their high demand. If budget is a concern, consider alternative shapes or prioritise other aspects, such as cut quality, over the shape itself.

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Jewellery Insurance FAQ

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.
Home Security Fortification

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Travel Savvy

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Social Media Caution

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

Regular Valuations

An engagement ring is a significant financial and sentimental investment. Specialised engagement ring insurance provides financial protection in the event of loss, theft or damage by ensuring you can recover the ring's monetary value or repair or replace.

An engagement ring is a significant financial and sentimental investment. Specialised.

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Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Luxury Watch Complications: Exploring Hidden Features & Functionality

Luxury watches often boast 'complications,' intricate mechanisms that add layers of sophistication, style and utility. Here, we explore some of the most fascinating complications created by the best luxury watch brands.

Home Security Fortification

Contents insurance covers the items within your home in case they are damaged, lost or stolen. This can include furniture, electronics, clothing and other personal.  Contents insurance is essential for anyone who owns valuable items, as it helps protect you should a potential loss occur in your.

Purchase Amount

To get an accurate insurance quote, please provide the amount from your purchase receipt.

Don't have the receipt?

If you don't have the receipt, you can provide the most recent valuation amount instead.

OK

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