The 2 button pearls measuring approximately 15.0 by 14.4 and 14.5 by 13.7 mm., surmounted by 2 old European-cut diamonds weighing approximately 1.50 carats, mounted in platinum. 

See GIA report stating the pearls are natural saltwater pearls. They have waxy to good luster, slightly ringed, but otherwise only lightly blemished. Diamonds are approximately I-J color and SI clarity. Both diamonds are lightly chipped on the girdle, but in good condition overall.
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.

Accompanied by GIA report no. 1102338797 stating natural pearls, saltwater.