Centring on an oval red spinel weighing 4.78 carats, surrounded by eight spinels of similar shape and colour together weighing approximately 5.55 carats, bordered by circular-cut rubies, mounted in 18 karat yellow gold and white gold, signed. Ring size: 6½

Colour and Clarity: According to GRS report, the principle red spinel is natural, of Burmese origin, with no indication of thermal treatment. Please refer to the report for details. In our opinion, the red spinel is of vivid saturation, eye clean with lively brilliance. Upon 10x loupe, there are crystal inclusions, not seen to naked eyes. Other red spinels in the surround are of slightly brighter saturated red colour, eye clean with natural inclusions under loupe check. One small spinel has a tiny cavity on its pavilion, not seen to the obverse, nor naked eyes. Tiny rubies on the outer edge are of intense purple red colour, eye clean. Signed IVY to the shank. Condition: Karat white and yellow gold ring mount, in mint condition. IMPORTANT NOTICE: Please note that jadeite and rubies of Burmese origin and articles of jewellery containing jadeite or rubies of Burmese origin all less than 100 years old may not be imported into the US. The purchaser's inability to import any item into the U.S. or any other country as a result of these or other restrictions shall not justify cancellation or rescission of the sale or any delay in payment. Please check with the specialist department if you are uncertain as to whether a lot is subject to these import restrictions, or any other restrictions on importation or exportation.
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 GRS report numbered GRS2014-064711, dated 21 July 2014, stating that the 4.78 carat spinel is natural, of Burmese (Myanmar) origin, with no indication of thermal treatment.