Set with a cushion-shaped sapphire weighing 11.81 carats, within a frame of millegrain-set brilliant-cut diamonds, the mount of arabesque design similarly set, size 52, French assay and maker's marks.

Accompanied by Gübelin report no. 16030096, stating that the cushion-shaped sapphire stated to weigh 11.81 carats, measuring approximately 13.10 x 9.70 x 8.50mm, is of Ceylon origin, with no indications of heating. Also accompanied by a copy of Carat Gem Lab report no. CGL05974, stating that the cushion-shaped sapphire weighing 11.81 carats and measuring 13.55 x 9.79 x 8.52mm, is of Ceylon origin, with no indications of heating, 'royal blue' colour. Indistinct French maker's mark. French assay mark and stamped 750 for 18 carat gold. Sapphire blue of medium strong saturation, with typical inclusions, minor abrasions visible under 10 x magnification, for more information on the sapphire please refer to the gemmological reports. Diamonds estimated to weigh a total of less than 2.00 carats, bright and lively. Little signs of normal wear to the metal consistent with light use. In very good condition. Gross weight approximately 12 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."