ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Elderly woman discovers that the rock she used as doorstop for decades is worth a million dollars

The large rock was later marked as a national treasure of Romania and placed in a museum.
UPDATED NOV 24, 2024
Representative images showing an amber and a woman looking at the amber on display (Image sources: Getty Images | Jeff J Mitchell)
Representative images showing an amber and a woman looking at the amber on display (Image sources: Getty Images | Jeff J Mitchell)

An elderly woman in Romania had been using one of the world's biggest amber nuggets as a doorstop. According to Spanish newspaper El Pais, the 7.7-pound rare gemstone was only discovered after her death. The rock which was valued at over $1 million was marked as a national treasure by the government and placed in a museum. 

Amber is an organic gemstone that has been formed from tree resin over millions of years. Over time, the fossilized resin turns into a hard, warm material sometimes containing plant and animal material, such as insects. This time capsule is a highly prized possession for historians and scientists. 

A large amber crystal contained held in front of a bright light | Getty Images | Stock Photo
A large amber crystal held in front of a bright light (Image source: Getty Images | Stock Photo)

In Romania, such stones were found around the village of Colti on the River Buzau. The woman who owned the rock lived in the village for decades. As per reports, the woman was once targeted by gemstone thieves who also missed the world's most expensive doorstop.

After the woman died in 1991, one of her relatives inherited the home and her belongings. The man noticed the strange doorstop and figured it could be valuable. After realizing what it was, the man sold the gemstone to the Romanian state. The gemstone was then appraised by experts at the Museum of History in Krakow, Poland.

The stone is believed to be an astonishing 38 to 70 million years old and potentially the world's largest intact nugget of amber. Thus, the stone was classified as a national treasure of Romania and it has been placed in the Provincial Museum of Buzau since 2022.



 

In a similar case from  2018, a man from Michigan, US had been using a meteorite worth more than $100,000 as a doorstop at his home. 

The meteorite was brought to a professor at Central Michigan University by a man Edmore who had kept it for 30 years after finding it on a farm. The man used it as a doorstop for decades before bringing it to Dr Mona Sirbescu for inspection.

Representative Image by kjpargeter on Freepik
Representative image showing a meteorite in space (Image source: Freepik | kjpargeter)

The 22-pound meteorite was the biggest the geologist had ever examined in her career. She discovered that the rock was unique as it contained 88% iron and 13% nickel, unlike most meteorites that consist of 90%-95% iron. Thus, she estimated it could be worth $100,000.

"A piece of the early solar system literally fell into our hands," Dr Sirbescu said in the YouTube video shared by the university. The rock nicknamed the "Edmore doorstop" interested several buyers including the Smithsonian Museum. 



 

The rock was finally purchased by the Michigan State University's Abrams Planetarium for $75,000 through a donor from owner David Mazurek. At the time, Mazurek stated that he planned to donate 10% to CMU's earth and atmospheric sciences department, where Dr Mona Sirbescu was a faculty.

Apart from the money, Dr Sirbescu said that the CMU and her students had benefited massively by studying a relic from the early solar system. The rock was placed on display to share the experience with other faculty as well.

This article originally appeared 2 months ago.

MORE ON MARKET REALIST
The President recently signed an order barring corporations from buying single family homes.
1 hour ago
If consumed the product could prove fatal for those with a peanut allergy.
1 hour ago
She missed out on the car by just one number, which must have been painful.
2 hours ago
Regional grocers had a fantastic performance as they took the top three spots in the rankings.
2 hours ago
They wished to remain anonymous and took some time to seek financial and legal advice.
4 hours ago
Increased consumer spending, exports, government expenditure, and investment drove the U.S. economy's 2.5% annualized growth rate.
6 hours ago
"The A was a good guess but the B or the O could be used. Q is a rare letter but not frequently used here," a fan reacted.
12 hours ago
She had a good feeling about the item when she saw it but she wasn't sure of its value.
1 day ago
The overhaul comes as a direct result of the Trump administration's aggressive budget cuts.
1 day ago
She did not put a foot wrong in her performance which left fans and the cast impressed.
1 day ago
He also credited US President Donald Trump for his vision of re-industrialization with AI.
1 day ago
His comments were made in response to a Danish pensioner pulling their investment from the US.
1 day ago
This ruling reflects growing trade tensions between the US and Europe amidst the Greenland crisis.
1 day ago
She did not win much but it would have been better than going home empty-handed.
2 days ago
Brian Moynihan told Fox that a number of factors will contribute to the US GDP growth.
2 days ago
The President has a desire to take control of Greenland, threatening allies with tariffs.
2 days ago
It seems like the people of Denmark are replying to the US by using their own tactics.
2 days ago
It is part of a program running from 2017 which has seen almost $7 billion in payouts.
2 days ago