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Mystery website selling ‘world’s first billion pound ring’ appears online

Jewelry Industry Admin by Jewelry Industry Admin
October 24, 2021
in World Jewelry News
0

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A website has been arrange with the only goal of promoting the world’s very first billion pound piece of jewelry.

Skilled Jeweller acquired correspondence from an Alfie Caffrey, saying that he’s promoting the “world’s first billion pound ring”.

The web site reveals that the ring in query will not be product of any unusually costly supplies. Nor does it seem to have been designed by any well-known names within the artwork, trend, design or jewelry worlds.

As a substitute, the web site claims that the sterling silver ring’s £1 billion price ticket is justified by the worth itself.

It reads: “The truth that this ring is the primary ring or piece of jewelry in historical past to be offered at [£1 billion] is what makes it definitely worth the value.

“To personal a hoop that smashes earlier information of ‘costliest piece of jewelry’ you need to pay the worth, and that value is £1,000,000,000.”

Happening to explain the piece, the web site reveals: “The ring measures roughly 10mm in width and 2mm in depth[,] it’s comprised of sterling silver, it may be adjusted and made to suit the customer after the viewing of the ring or left the identical dimension whether it is being bought as a show piece.

“Mr Caffrey has chosen a easy band design as it’s really timeless and may swimsuit any fashion of clothes or event.

“The distinctive hallmark of the ring can be launched to the general public as soon as the sale of the ring has been made and all different verification processes have been accomplished.”

The web site thebillionpoundring.co.uk goes on to say that viewings of the ring will value £25,000 every, in an effort to cowl safety prices, whereas there can be a ten% deposit (equating to £100 million) for anybody wishing to purchase the piece.

The £25,000 payment for the viewing is not going to taken off the eventual value for the viewer that ultimately makes the acquisition.

Skilled Jeweller has reached out to Alfie Caffrey for remark and is awaiting a response. Skilled Jeweller was not capable of finding any data on-line about an Alfie Caffrey within the jewelry trade. The Alfie Caffrey Instagram account linked on the web site has three followers and no posts on the time of writing.



Thriller web site promoting ‘world’s first billion pound ring’ seems on-line initially appeared by way of www.professionaljeweller.com

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