Former Chicago mayor's 4-carat diamond ring to be auctioned off - FOX 35 News Orlando

Former Chicago mayor's 4-carat diamond ring to be auctioned off

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CHICAGO (FOX 32 News) -

A more than 120-year-old ring that belonged to the 29th mayor of Chicago, whose diamond comes in at just over 4-carats, will be auctioned off to the highest bidder this weekend through Leslie Hindman auctioneers.

Mayor John Patrick Hopkins was voted mayor in 1893 during a special election following the assassination of Mayor Carter Harrison.

Hopkins was the first Irish Catholic mayor of the city.

The diamond ring was eventually passed down to Mary Henebry, who decided to part ways with the family heirloom.

Director of Fine Jewelry, Alexander Eblen, said that it's family heirloom status is another reason the ring attracts attention. "It's been in the family the entire time that also is unusual, just in terms of passing through different hands and family."

The auctioneers believe the stone may have been originally cut between 1850 and 1900. Yet, despite its old age, the ring is in great condition.

"It has history. It's got fantastic quality. It's in great condition, so it didn't come to us with damage. It's been very well cared for. It's a beautiful, beautiful stone," Eblen said.

Auctioneers are estimating the diamond to sell for $100,000 to $150,000. It will the last item auctioned off on Sunday at Leslie Hindman Auctioneers.

For more information on the auction taking place this weekend, visit Leslie Hindman Auctioneers online.

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