A friend of mind owns a jewelry store and he buys scrap gold. (He takes DL #'s when he buys anything as per local regs) Yesterday he had a guy walk in and pull out a bunch of gold which he sells him. Then he pulls a diamond ring out of his pocket which the guy said was about a 1/4 carat and he wanted $150 for it. He said it was his dead mothers or grandmothers or something. He obviously had no idea what he had. In actuality, it is almost a full carat , VVS1 or VVS2 (looking under a 20x loupe) probably G-H in color. Easily worth $4000+ retail or $2500+ wholesale. Needless to say he snapped it up. Story sounds fishy but.... who knows. Anyway, later offered me the ring for $1500 which is a really good price. Should I buy it? I have a feeling it was possibly stolen but..... gosh it is a heck of a good deal!!