Set with a step-cut emerald weighing 27.32 carats, and demi-lune diamonds, size 58.

Accompanied by Gübelin report no. 14010084, stating that the emerald weighing 27.32 carats, measuring 23.43 x 16.77 x 9.36mm, is of Colombian origin, with indications of minor clarity enhancement. Stamped 585 for 14 carat gold. Emerald green of medium saturation, with typical inclusions, some surface reaching, abrasions and nicks; for further details on the emerald, please refer to the Gübelin report. Diamonds estimated to weigh a total of approximately less than 2.00 carats, on average G-H colour and VS clarity, as gauged and graded in the mounting. Very few signs of normal wear to the metal. In like-new condition. Gross weight approximately 15 grams.
"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."