FourFourSeconds ago, a diamond ring with a diamond in it that is supposedly worth more than $1 million was auctioned off on the internet for $11,000.

But, as you can see in the photo above, the ring was sold by the seller to a jewelry exchange in China.

That means, instead of the ring being worth $11 million, it’s actually worth just over $500,000, as per Reuters.

As a result, the jewelry exchange that sold the ring to China, Diamondy, is in serious trouble.

It is currently in bankruptcy proceedings.

The diamond ring that was auction off for $1,788,000 has been taken from Diamondy to ChinaThe ring is now on display at the Diamondy Jewelry Exchange, which is located in a small shopping center in the eastern city of Tianjin, according to Reuters.

Diamondy is a jewelry company that sells diamond jewelry.

The company says that it will not continue selling the ring due to its financial situation.

According to Reuters, DiamondY is currently on the verge of bankruptcy.

The ring is worth just under $500.00, according the price of the diamonds in the ring.

DiamondY is a company that makes jewelry for Chinese celebrities.

But, because it’s a jewelry store, it is not required to disclose its financials.

In 2014, it sold the rights to the ring that the buyer, a Chinese fashion designer, wanted to sell.

The diamond ring was on display for a price of $1.788 million.

After the buyer sold the diamond ring to Diamondy for $7,500, Diamondey has been forced to sell it.

The jewelry exchange, in a statement, said that the diamond is in good condition and is expected to sell for $8,000-$9,000 on the auction block.

Diamond Y is currently operating on a limited basis and is being run by two Chinese nationals who were not present when the auction took place.

It has yet to make any statement about the buyer.

This is not the first time that a diamond has been sold on auction sites.

In 2013, a gold-studded ring was auction to China for $4.2 million.