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Rare £11m gem becomes £100 rock

  • 02-10-2009 11:35am
    #1
    [Deleted User]
    Posts: 31,118 ✭✭✭✭


    http://news.bbc.co.uk/1/hi/business/8284941.stm

    Rare £11m gem becomes £100 rock




    A rare gemstone valued at £11m that helped to underpin the finances of a UK-based construction company could be almost worthless, reports suggest. Known as the Gem of Tanzania, the 2.1kg (4.6lb) ruby appeared in accounts of the now collapsed Wrekin Construction.

    Have you ever bought anything expensive that ended up worthless.


Comments

  • #2
    genericguy
    Closed Accounts Posts: 2,831 ✭✭✭genericguy


    Deleted User wrote: »
    http://news.bbc.co.uk/1/hi/business/8284941.stm




    Have you ever bought anything expensive that ended up worthless.

    a handful of irish bank shares early last year...


  • #3
    Ruu_Old
    Closed Accounts Posts: 36,634 ✭✭✭✭Ruu_Old


    Enron stock. :pac: . . . .


  • #4
    Heisenberg.
    Registered Users, Registered Users 2 Posts: 7,541 ✭✭✭Heisenberg.


    This post has been deleted.


  • #5
    Cuddlesworth
    Registered Users, Registered Users 2 Posts: 14,012 ✭✭✭✭Cuddlesworth


    Ruu wrote: »
    Enron stock. :pac: . . . .

    Eircom stock.


  • #6
    biko
    Registered Users, Registered Users 2 Posts: 81,220 ✭✭✭✭biko


    I caused the Dutch tulips scandal in 1636.


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  • #7
    [Deleted User]
    Posts: 31,118 ✭✭✭✭ [Deleted User]


    Magnus wrote: »
    I caused the Dutch tulips scandal in 1636.


    I'm ready for the next one. ;)
    http://taichifoundation.org/anne/tulip_field.jpg


  • #8
    jebuz
    Registered Users, Registered Users 2 Posts: 1,771 ✭✭✭jebuz


    I bought a pair of calvin kline underpants and then went to see the Exorcist, they were never worn again


  • #9
    javaboy
    Registered Users, Registered Users 2 Posts: 15,094 ✭✭✭✭javaboy


    I bought an €80 steak one time. Nobody would have wanted it a few hours later.


  • #10
    ScumLord
    Registered Users, Registered Users 2 Posts: 28,789 ✭✭✭✭ScumLord


    I bought a lump of hash in Prague that turned out to be tar.


  • #11
    Long Onion
    Closed Accounts Posts: 1,342 ✭✭✭Long Onion


    I once convinced everybody that my sworn nemesis was the root of all evil and got away with it 'cause i wrote a best seller and invented Easter eggs. Then I took the helm of a fabulousy wealthy ideological organisation, amassed great wealth, appointed management with penchants for young un's and ran it all into the ground.

    I now live in China and organise parades.


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  • #12
    Professey Chin
    Registered Users, Registered Users 2 Posts: 51,054 ✭✭✭✭Professey Chin


    Condoms :(


  • #13
    [Deleted User]
    Posts: 17,378 ✭✭✭✭ [Deleted User]


    anyone who paid 2k for michael jackson tickets on the black market.. sickened.


  • #14
    Neamhshuntasach
    Registered Users, Registered Users 2 Posts: 2,171 ✭✭✭Neamhshuntasach


    I bought Fiana Fáil with a series of expensive brown envelopes. Turned out to be worthless.


  • #15
    phasers
    Registered Users, Registered Users 2 Posts: 18,159 ✭✭✭✭phasers


    Pumpkins, January etc


  • #16
    thomond2006
    Registered Users, Registered Users 2 Posts: 45,433 ✭✭✭✭thomond2006


    Mayo jersey, now worthless. :rolleyes:


  • #17
    partyatmygaff
    Registered Users, Registered Users 2 Posts: 10,992 ✭✭✭✭partyatmygaff


    Deleted User wrote: »
    anyone who paid 2k for michael jackson tickets on the black market.. sickened.
    Some went to 5K near the end of June before he died for A block tickets and they weren't even the VIP tickets.
    If they were bought on ebay you were only entitled back to the £75 the ticket was sold for and if it was a VIP ticket the £800.
    The shills refunded the £75, pocketed the difference and resold the commerative ticket for hundreds.

    Ebay and tickets don't go well.


  • #18
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    thomond2006 wrote: »
    Mayo jersey, now worthless. :rolleyes:

    Ah here, it was never worth anything to start with.........


  • #19
    citizen_p
    Closed Accounts Posts: 2,494 ✭✭✭citizen_p


    emm no...beside regular ****e that loses value constantly...like clothes etc...


  • #20
    Jeebus
    Closed Accounts Posts: 649 ✭✭✭Jeebus


    Have you ever bought anything expensive that ended up worthless.

    I got married.


  • #21
    Professey Chin
    Registered Users, Registered Users 2 Posts: 51,054 ✭✭✭✭Professey Chin


    Jeebus wrote: »
    I got married.
    Mail order bride with a superiority complex so


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