Ruby and diamond ring, Van Cleef & Arpels

The oval cabochon ruby weighing 16.50 carats bordered by brilliant-cut diamonds, the shoulders set with baguette stones, mounted in yellow gold, size 49,

Please refer to the Special Notice regarding import of rubies into the US, page 217 in the day sale catalogue. The correct estimate is CHF 30,000-40,000 / US$ 25,000-35,000. Stamped 750 for gold and numbered 125.660 SA. A pinkish red hue with typical crystal inclusions, some surface reaching. For further information on the ruby please refer to the AGTA report. Total diamond weight gauged to be approximately 1.70 carats, G-I colour, VS-SI clarity. Signs of normal wear to the metal, scratches consistent with use, in 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."