Ask any player, and they’ll tell you a championship ring is priceless (at least until they fall behind on their taxes and have to sell it on eBay). But that’s a drippy, sentimental answer. An inquiring public wants to know, how much moolah can you get for one? And can we get a better estimate than from Cash4Gold?
Let’s take the most recent ring handed out, the Phillies’ 2008 World Series ring. The team won’t put a dollar figure on the white gold and diamond rings, but that won’t stop a jeweler from appraising it. And would you believe it costs less than the ring given to an eating contest winner?
The ring is 14-karat white gold, and has 103 diamonds, including a diamond Phillies logo on a ruby background. Far larger than a normal ring, the PHILADELPHIA DAILY NEWS expected to find a similarly oversize price tag when they took it to jewelers around the city. What they found is a little surprising.
“I don’t like it,” said James Hering of Cuggini Jewelers. “It’s not very tasteful and could be more original. It looks like a college or high-school-class ring.”
The raised “P” on the top protrudes too far for a man’s ring, he added.
“If you put your hand in your pocket or work with your hands, it could get caught on something,” said Hering, who estimated the ring’s production cost at between $3,000 and $5,000.
Nick Sama of ENS Metals and Jewelry settled on $5,000 per ring, but said the true value is as memorabilia.
“Depending on the player, I think one could go for $30,000 right now,” said Sama.
Other estimates: Julianne Chear of R.N. Diamonds said the ring is probably worth between $10,000 and $13,000; Avi Ezra at Forever Diamonds said between $4,000 and $5,000.
Clearly estimates vary wildly, but it’s worth listening to one jeweler who’s used to making championship rings.
[H]e added that it may be comparable to the ring his company produces for the champion of the annual Wing Bowl, which he said is worth $7,500.
Yes, Joey Chestnut’s bling could be worth more than Cole Hamels’s.