AN avid secondhand shopper shared the lucky find he had at a local car boot sale.
The thrifting enthusiast was able to turn a £1 purchase into a £279 profit.
In a post on the Facebook group Car boot treasure, finds & best buys, he shared a picture of his purchases.
The car boot sale frequenter picked up to jewellery items that turned out to be worth a lot more than their budget price tag.
He purchased a thin gold chain with a small diamond-like opal pendant on the end.
The second item was a thicker gold charm bracelet chain with diamond-like details throughout.
Each chunky jewel had been cut into a different shape, including squares, circles, love hearts, and opals.
The shopper explained that each of his “lucky finds” only set him back 50p.
However, when he took the jewellery to be appraised he learned the true value of the items.
“[They] turned out to be 14 karat gold,” the Facebook user informed other members of the group.
He added that “sadly the stones were Cubic Zirconia” and not real diamonds.
Cubic Zirconia are maunfactured gemstones that have a similar appearance to diamonds.
Most of the stones are clear or white, allowing manufacturers to colour them with colouring agents.
However, the man added that he was still in high spirits after selling on the items.
He revealed that he took the items to two separate jewellers and took the highest offer.
“I’m not complaing as I cashed them in at the jewellers for £280!” he said.
His fellow Facebook users shared their thoughts on the profit in the comments section.
Financial experts at Money Week reported on the current value of gold.
They explained that the metal’s use in the trading of commodities has increased in some areas.
This has in turn contributed to the further weakening of currencies such as the US dollar.
The current high value of gold can be attributed to a combination of lower interest rates, a weaker dollar, and strong central bank demand.
This has created a highly favourable environment for gold right now.
Source: Money Week
“What a lovely find, well done,” wrote one group member.
“Bloody good on you, hope you enjoy your extra money,” said another commenter.
“Love this set. Well done,” commented a third impressed person.
Another Facebook user said the jewellery set looked “so pretty.”
“£££ Good going! About 8 grams,” wrote one commenter.
