Heiress reveals astonishing history of $70k emerald ring she is auctioning for Ukraine

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

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

The ring was given to Mitzi Perdue by her late husband…

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