The cabochon ruby inset to a mount of baguette, circular- and single- cut diamonds, mounted in platinum, 

Stamped Pt 950 for platinum. Cabochon ruby gauged to measure approximately 20.2 x 14.3 x 8.6mm, estimated to weigh approximately 27.50 carats. Pinkish red colour, translucent, typical crystal inclusions reaching surface, natural occurring cavities (one below prong), one large cavity on the side and at the back (not visible when worn), abrasion and scratches, a few nicks. Ruby slightly loose in setting. Diamonds of mixed quality but good brilliance. Scratches and minor tarnish to mount. Signs of wear. In overall good condition.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Please note that colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's. We do not guarantee, and are not responsible for any certificate from a gemological laboratory that may accompany the property. We do not guarantee that watches are in working order. 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. Prospective buyers should also refer to refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue, in particular to the Notice regarding the treatment and condition of gemstones and to the Notice regarding import of Burmese jadeite and rubies into the US.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."