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Heiress reveals astonishing history of $70k emerald ring she is auctioning for Ukraine: Her husband pulled gem from Spanish galleon that sank in 1622 after relentless 16-year search that cost him millions . . . but resulted in finding a lost treasure

Mitzi Perdue, heiress to the Sheraton Hotels fortune, is set to auction off an emerald ring that once laid at the bottom of the ocean for more than 360 years.

Perdue, the widow of the late Frank Perdue, former CEO of poultry farming company Perdue Farms, describes herself as human rights activist and wants to sell the jewel, said to be worth $70,000, to raise money for the people of Ukraine.

The impetus to sell the rare artifact came after a personal visit to the war-torn country earlier this year, where she was shown around Kyiv as a guest of the capital’s police force.

Perdue, who resides in Salisbury, Md., now wants to sell the engagement ring with the proceeds being sent to aide Ukrainian efforts to stop human trafficking.

A 6.25 carat octagonal step-cut emerald ring lost on a Spanish shipwreck for nearly four centuries before being rediscovered is to be auctioned by its current owner in December

A 6.25 carat octagonal step-cut emerald ring lost on a Spanish shipwreck for nearly four centuries before being rediscovered is to be auctioned by its current owner in December

The ring was given to Mitzi Perdue by her late husband Frank, right

The ring was given to Mitzi Perdue by her late husband Frank, right

Mitzi Perdue is now preparing to sell the ring and donate all proceeds to humanitarian efforts in Ukraine

Mitzi Perdue is now preparing to sell the ring and donate all proceeds to humanitarian efforts in Ukraine

The Nuestra de Atocha shipwreck is about 30 miles off the coast of Key West, Florida

The Nuestra de Atocha shipwreck is about 30 miles off the coast of Key West, Florida

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9 thoughts on “Heiress reveals astonishing history of $70k emerald ring she is auctioning for Ukraine: Her husband pulled gem from Spanish galleon that sank in 1622 after relentless 16-year search that cost him millions . . . but resulted in finding a lost treasure”

  1. so tired of hearing this. if she was so concerned why doesn’t she donate some of her millions? and why do this paltry amount publicly? I would have more respect for her if she did it anonymously but then no one would be able to tell her what a great human being she is. Her husbands privately held billion dollar company has polluted every thing it comes in contact with!

  2. Good for them they are Rich & pay no Taxes like the rest of us !!!! On the Poor Eastern Shore !!!! Bla Bla Bla !!!!!

  3. Well Ukraine is not what you think. All part of the Dems and Cabal – Russia invaded for reasons we are not being told. Bio labs set up, other Dems secrets are in Ukraine. One day you stop watching the movie makers (news) and see we are all being lied to.

  4. who cares the whole Ukrainian deal is BS. Russia has every right to defend their border from NATO missiles . Biden -Zelensky corruption runs almost as deep as these mid term results in swing states

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