British Museum 'loses' £750k ring
The British Museum has reported a £750,000 diamond ring as missing, six years after it was lost.
The ring, believed to have been the gift of an anonymous donor, had been kept in store in the museum's heritage asset collection and was not on display.
Its loss came to light after the publication of accounts for 20161-17 by the DDCMS, with a note on page 94 of the 253-page document that the ring "was declared lost under the British Museum's Procedure for the Reporting of Unlocated and Lost Objects".
A museum spokeswoman said staff missed the ring in August 2011, and in accordance with procedures it was reported as lost five years later. "The museums has since reviewed its security and collections management procedures and dedicated significant investment to improved security across the estate" she said.