Diamond pendant watch, Tiffany&Co., early 20th century

The pendant watch pavé-set with circular-cut diamonds, the circular dial applied with Arabic numerals, suspended from a black ribbon applied with the initials 'ILJ' set with similarly-cut diamonds, signed Tiffany&Co.

The movement running at the time of cataloguing. Please note that it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement. Strap bale signed Tiffany&Co. Estimated total diamond weight approximately 5.00-7.00 carats, estimated colour I-K, estimated clarity SI on average, some I-included. The dial in good condition with a very discreet stain at 4.30. The pendant with the inevitable light scuffs from age and use. Ribbon in reasonable condition. Secure pin fitting.
"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."