My mother-in-law gave me a very old 8-ct sapphire ring from Germany which she believes is easily 100 years old. I immediately had the ring appraised and was surprised that the so-called replacement value was only $2000. The appraisor said the sapphire was synthetic, but I recently read that sapphires were not synthesized until the early 1900s. Could the appraisor be wrong about whether the sapphire is synthetic. If it is not synthetic, would it be worth a lot more?