Gem-set and diamond bracelet, 'Teddy', Michele della Valle

Composed of four articulated teddy bear charms, the bodies respectively pavé-set with brilliant-cut diamonds of brown and black tints and near-colourless stones, circular-cut pink sapphires and aquamarines, the nose decorated with onyx, the eyes with emerald and cabochon pink sapphires, applied to a curb link chain, mounted in white gold, length approximately 180mm,

The correct estimate is CHF 10,000-17,000 - US$ 8,000-14,000. Stamped 750 for gold. 'White' teddy bear charm numbered 1085, 'Brown' teddy bear charm numbered 1083, 'Blue' teddy bear charm numbered 1084, 'Pink' teddy bear charm numbered 1087. Total near colourless diamond weight stated to be 3.01 carats, total diamond of brown tint weight stated to be 3.02 carats, total aquamarine weight stated to be 2.92 carats, total pink sapphire weight stated to be 3.78 carats. All well matched in colour, condition as new.
"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."