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Ring worth over $20,000 sold by mistake

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By Michele Gile

LAGUNA NIGUEL, Ca. (WTVR) - A California man accidentally sold his wife's $23,000 custom made ring for way less than it's worth.

Before Racquel Cloutier headed to the hospital to deliver her fourth son, she stashed her three-carat wedding ring in a large watchbox her husband had purchased years ago.

Her husband, Eric, had no idea that his wife's ring was hidden in the box under a padded cushion.

He sold the box for $10 during a garage sale.

"So I saw this big box in my closet. It had been there for over a year, probably worth about $120, $130 dollars, but I don't need it. I never use it," Eric said.  "So I brought that downstairs, I looked quick in it and there was nothing."

The couple has no idea who purchased the ring, but they hope they will get it back.

"It means something, a lot to her. So I hope the lady can bring it back. I can give her a reward for it, you know," Eric said.  "I'm not going to give her a $22,000 reward, but I will give her a reward."

The ring was returned on Friday.