RUBY AND DIAMOND NECKLACE

The necklace composed of twenty-seven graduated oval and cushion-shaped rubies together weighing approximately 66.47 carats, each spaced by an emerald-cut diamond, the diamonds together weighing 20.13 carats, mounted in 18 karat white and yellow gold, length approximately 390mm.

Colour and Clarity: According to both Gübelin and GRS reports, all rubies are natural, of Burmese origin, with no indication of thermal treatment. All rubies, except of the centre ruby, comes from the most renowned Mogkok valley in Burma. Please refer to the report for details. In our opinion, the rubies, ranging from 1.88 to 3.23 carats each, are of strong, bright red colour, generally eye clean with nice brilliance. Upon 10x loupe, there are natural inclusions in all rubies, which are very common to Burmese stones, but generally not noticeable to naked eyes. All emerald-cut diamonds, ranging from 0.70 to 0.82 carat each, are certified. According to GIA reports, all, except a 0.79-ct stone, are D to E colours, VVS1 to VS1 clarity. The 0.79-ct diamond is F colour, VVS1 clarity. Condition: Karat white gold and gold mount, articulated links, overall in very good condition. IMPORTANT NOTICE: Please note that jadeite and rubies of Burmese origin and articles of jewellery containing jadeite or rubies of Burmese origin all less than 100 years old may not be imported into the US. The purchaser's inability to import any item into the U.S. or any other country as a result of these or other restrictions shall not justify cancellation or rescission of the sale or any delay in payment. Please check with the specialist department if you are uncertain as to whether a lot is subject to these import restrictions, or any other restrictions on importation or exportation.
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.
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 Gübelin report numbered 11071032/ 1 to 27, dated 29 July 2011, stating that the rubies are natural, of Burmese (Myanmar) origin, with no indication of thermal treatment; 26 out of the 27 rubies are from the most renowned Mogok Valley. Further accompanied by GRS report numbered GRS2010-072023, dated 29 July 2010, stating that the rubies are natural, of Burmese (Myanmar) origin, vivid red "Pigeon's Blood" colour, with no indication of thermal treatment; also accompanied by twenty-seven GIA reports, stating that the diamonds ranging from 0.70 to 0.82 carat are D to F colour, VVS1 to VS1 clarity.