Additional location: Philadelphia Diamond Co. The Bank Building 421 Chestnut Street, Philadelphia PA 19106

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Dream Comes True: LI Woman Reunited With Class Ring She Lost in Peconic Bay 36 Years Ago

Debbie Cassidy was only one year out of high school when she lost her class ring while swimming in scenic Peconic Bay on Eastern Long Island. The year was 1981.

“We were at a party and we were in the water and it slipped off my finger and I was heartbroken,” Cassidy told ABC News. “We never found it. I thought I’d never see it again. I always dreamed I would.”

Cassidy’s dream came true on Saturday thanks to the metal-detecting prowess of Rich Miliauskas, who found the ring under three feet of water and 10 inches of sand. Miliauskas scooped up the ring about three houses down the beach from where it was lost 36 years ago. Despite being submerged for more than three decades, the ring — which is engraved with Cassidy’s name and features a blue faceted stone — was still in very good condition.

Fine jewelry with G.I.A. certified diamonds for less than retail

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