Designed as the head of a carousel horse, decorated with round rubies, sapphire and emeralds and with numerous pavé-set round diamonds weighing approximately 7.25 carats, the collar, plumes and bridle applied with black enamel, mounted in platinum and 18 karat gold, signed Webb. 

The rubies weigh approximately 1.50 carats, the emeralds approximately 2.30 carats and the sapphires approximately 1.00 ct. All colored stones are bright and lively and the diamonds are approximately F-G color and VVS-VS clarity. Enamel at confluence of the plumes shows some damage, loss and previous repair, but otherwise the piece is in good condition. Signed Webb. 3 1/4 x 1 1/2 inches.
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion. Illustrations in the catalogue may not be actual size. Prospective purchasers are reminded that, unless the catalogue description specifically states that a stone is natural, we have assumed that some form of treatment may have been used and that such treatment may not be permanent. Our presale estimates reflect this assumption.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.