Mr Clarke was pleased with the result yet admitted: “I didn’t watch the sale as I was out metal-detecting.
“I would like to put the money in my bank account, but I am sure that my wife will have ideas of how to spend it!”
The 18th century Prime Minister was dismissed by King George III after the acts he introduced caused protests in what were then the American colonies.
His ring was passed to his second son, also a member of parliament, named George, according to Nigel Mills, artefact and coin expert at Noonans.
He served as Lord Lieutenant of Ireland, was given the title of Marquess of Buckingham and lived close to where the ring was found.
Half of the proceeds from the sale will be given to the land owner.
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