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Ravens Super Bowl XLVII ring found in the Chesapeake Bay being auctioned off

Ravens Super Bowl XLVII ring found in the Chesapeake Bay being auctioned off
A close up look at the Super Bowl championship ring belonging to James Ihedigbo, safety and special teams player for the Ravens. It's just like the ring being auctioned by Goldin Auctions. (Brian Krista / Baltimore Sun Media Group)

A once-lost Ravens Super Bowl XLVII ring that was recovered from the waters of the Chesapeake Bay is being auctioned by Goldin Auctions.

The back story of how Ravens receptionist Toni Lekas' Super Bowl ring became part of a premium live auction set for July 31 in Rosemont, Ill., goes back to a Middle River Yacht Club party in the summer of 2013.

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Lekas gave her boyfriend, Chuck Lykes, the ring to show to a friend and she left to go home. While Lykes was subsequently docking the boat at a pier in Essex, a rope on the boat knocked the ring off of his finger and into an estuary of the Chesapeake.

Despite the boyfriend diving into the water, searching for several hours and even hiring a scuba diver the next day, the ring couldn't be found. Lekas promptly filed an insurance claim with Travelers Insurance and a request with the NFL to create a replacement ring. The requests were approved, and she has a new duplicate ring.

According to Goldin, a diver found the ring and then legally had to return it to the insurance company. The insurance company then sold it to recover their loss.

The ring has a minimum bid of $7,500, and a current bid of $8,500 with an estimated sale price of more than $30,000, according to Goldin.

When the Ravens defeated the San Francisco 49ers in Super Bowl XLVII three years ago, owner Steve Bisciotti included the entire organization in the awarding of Super Bowl rings loaded with diamonds.

The ring, which was made by Jostens, is 10-karat white gold, has 243 diamonds, weighs 86.5 grams and has purple amethyst, yellow gold, red enamel and season information engraved inside the band.

"This ring, which is the exact ring the Ravens players received, was already a collector's item well before it was lost in Chesapeake Bay," said Ken Goldin, owner of Goldin Auctions. "Now with the unique story of its retrieval, this Super Bowl ring stands out from all the rest. Not only is this ring part of NFL history, but the frantic search to find it adds to its value."

Former Ravens Pro Bowl running back Jamal Lewis' Super Bowl XLVII ring, which he was given as a Ring of Honor member, was auctioned off in February by Goldin for $50,820. The ring was sold after Lewis filed for bankruptcy and was required to sell the ring to meet financial obligations.

Former Ravens reserve running back Damien Berry's Super Bowl XLVII ring was sold for $43,008 last year, also by Goldin Auctions.

A former reserve player from the University of Miami who spent the 2012 season on injured reserve, Berry sold his ring and it was put up for consignment through a third party.

Berry initially disputed that he had sold the ring before Goldin Auctions provided proof of a sales agreement and cashier checks made out to the former NFL player.

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