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Sotheby's auctioned it in London on Wednesday and, following a fierce bidding war, it ended up selling for a £656,750This was 65,670 times the price paid at the car boot sale held in the 1980s at West Middlesex Hospital, west London Bidding opened up at £240,000 and quickly passed the upper estimate.It soon shot past £500,000 with bidders battling it out in the saleroom for the unusual gem, dubbed The Tenner Diamond.The hammer eventually smashed down at £540,000, with the winning bidder paying a whopping £656,750 including buyer's premium and VAT.The diamond ring's history has been shrouded in mystery, with very little known of its provenance.A diamond ring bought for £10 at a car boot sale is expected to fetch £350,000 at auction.The owner wore it for three decades, unaware of its value until a jeweller suggested that she have it assessed The eyes of the experts at Sotheby's lit up when they saw it - identifying it as as 26.27 carat, cushion-shaped diamond with a value of £250,000 to £350,000.
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She wore it regularly, carrying out mundane daily chores and earlier this year decided it was time to have it valued.
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