Valuable Gem Show Purchase
In February of 1985, a Texas gem broker, Roy Whetstine bought a gem stone that was alleged to be a valuable stone. Originally it was reported that Whestine bought a 1,905 carat sapphire worth $2.28 million for $10 at the Tucson Gem and Mineral Show. Whetstine and the stone were featured in People magazine, the New York Times and the Joan Rivers Talk show. But follow-up stories proved that the stone was not as valuable as originally reported. It was eventually reported that the stone was probably only worth a few hundred dollars.