IMPORTANT SAPPHIRE AND DIAMOND RING, M. GÉRARD

Claw-set with a step-cut sapphire weighing 44.62 carats, within a surround of brilliant-cut diamonds, the shoulders additionally pavé-set with brilliant-cut diamonds, size 47, signed M. Gérard, numbered, French assay and maker's marks.

Accompanied by SSEF report no. 103017, stating that the step-cut sapphire, weighing 44.62 carats, measuring 20.81 x 18.28 x 11.00mm, is of Burmese origin with no indications of heating 'Royal Blue', and Gübelin report no. 17030011, stating that the sapphire is of Burmese origin, with indications of heating. Signed M Gérard, numbered 2866, French maker's mark and assay mark for 18 carat gold. Sapphire blue of strong saturation with typical inclusions visible under 10x magnification, minor abrasions, two visible scratches to the pavilion, very small chips on the girdle. Diamonds estimated to weigh a total of approximately 2.00 - 2.50 carats, on average G-H colour, VS clarity, as gauged and graded in the mount. Minor evidence of wear to the metal. In very good condition. Gross weight approximately 17 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.
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."

Accompanied by SSEF report no. 103017, stating that the sapphire is of Burmese origin, with no indications of heating, 'Royal Blue' Colour, and Gübelin report no. 17030011, stating that the sapphire is of Burmese origin, with indications of heating.