Set with an emerald-cut diamond weighing 15.37 carats, size 5.

In good condition with a simple platinum mounting. Accompanied by GIA report no. 2175505237 stating that the diamond is D color, VVS1 clarity. Together with the original working diagram stating that the diamond may be potentially Internally Flawless. Also with a letter from the GIA stating that the diamond has been determined to be Type lla. Please note that a more in-depth biography on Josephine Chaus is provided by the online version of the catalogue.
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.Certificates of Authenticity: Various manufacturers may not issue certificates of authenticity upon request. Sotheby’s is not under an obligation to furnish the purchaser with a certificate of authenticity from the manufacturer at any time. Unless the requirements for a rescission of the sale under the Terms of Guarantee are satisfied, the failure of a manufacturer to issue a certificate will not constitute grounds to rescind the sale. Gemological Certificates and Reports: References in the catalogue descriptions to certificates or reports issued by gemological laboratories are provided only for the information of bidders, and Sotheby’s does not guarantee and accepts no responsibility for the accuracy, terms or information contained in such certificates or reports. Please also note that laboratories may differ in their assessment of a gemstone (including its origin and presence, type and extent of treatments) and their certificates or reports may contain different results.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. 2175505237 stating that the diamond is D color, VVS1 clarity. Together with the original working diagram stating that the diamond may be potentially Internally Flawless. Also with a letter from the GIA stating that the diamond has been determined to be Type lla.

As one of the first female chief executive officers of a public company, fashion tycoon Josephine Chaus is remembered as an inspiration and role model for female entrepreneurs who have followed in her footsteps. Together with her husband, Josephine founded the fashion company Bernard Chaus, Inc. in 1975. Celebrated for its reasonably priced sportswear line, the brand catered to the growing number of women in the workforce. Known as a determined and resilient businesswoman, Josephine fearlessly led the company through turbulent and prosperous times alike.

Interested in fashion from a young age, Josephine began her career as a buyer, where she met clothing salesman Bernard Chaus in 1973. The sartorial duo traveled together on a year-long motorcycle trip across the United States, and, by the end of the journey, Josephine and Bernie decided that they were meant to go into business as partners of their own company. Bernard Chaus, Inc. was a true partnership, with Bernard running the finances and sales force and Josephine at the helm of all creative initiatives. Three years later, the partners married, and in 1986 would take the company public.

Success came quickly to the burgeoning fashion brand, and it soon lined the shelves of all major department stores across America. Bernard died in 1991, leaving Josephine at the head of the company. Surprising most veterans in the industry, the formidable Josephine refused to sell the brand. Instead, she returned to work merely a week after her husband’s death, determined to reinvigorate the business’ approach. She launched a sporty weekend line, rebranded the collection as a cohesive whole, lowered prices, consolidated production costs and expanded retail operations. With initiatives like these, Josephine restored the company to its former successes. She remained the head of Bernard Chaus, Inc. for over 20 years, serving as chairwoman and seeing the company through its momentous merger with the Camuto Group in 2012.

In November 2015, Josephine passed away, but she continues to be celebrated as a woman with an unparalleled passion for both her work and her family. Her steadfast courage and extraordinary resilience have made a lasting mark on the fashion industry and all those who knew her.