GUEST
My husband gave it to me ten years ago for our anniversary. I know it's 11 carats of sapphire, five carats of diamond, in a platinum setting, and it's marked Cartier.
APPRAISER
Okay, great. That's good basic information for it. I wanted to point out a couple of things, starting with the sapphire.
GUEST
Okay.
APPRAISER
Looking at the type of sapphire it is, it's a beautiful bright blue pear shape sapphire. This type of sapphire generally is a Ceylon sapphire. Now, do you have any paperwork on it or anything, or a certificate from a gem lab stating its origin?
GUEST
When he bought the ring, they gave him an appraisal from 25 years ago, and it was listed $34,000.
APPRAISER
Okay.
GUEST
That's all we have.
APPRAISER
And how much did he pay for it?
GUEST
Less than $15,000.
APPRAISER
Okay, great. And where was it purchased?
GUEST
In Knoxville, Tennessee. From an estate sale, a person from the estate sale.
APPRAISER
Okay, great. And that's all the information that was provided?
GUEST
That's all we know.
APPRAISER
Well, I'm very curious, because I do believe that this could be a Ceylon sapphire. It's a Sri Lankan stone formally known as Ceylon, and it's the type of sapphire that hails from that area. It's a very bright blue, beautiful, intense cornflower blue.
GUEST
Yes.
APPRAISER
Surrounding it are these beautiful pear shaped diamonds and fancy cut diamonds all around the mounting. And I do believe that it's probably made in the 1950s to 1970s. The Ceylon sapphires right now are bringing an all-time high for auction records. I would say for auction purposes, you would be looking at an estimate of $40,000 to $60,000.
GUEST
My gosh. I don't believe it. It's fantastic.
APPRAISER
It's great.
GUEST
It's beautiful. Is that just for the sapphire, or for the whole ring?
APPRAISER
Well, the sapphire really dictates the value.
GUEST
Okay.
APPRAISER
But the fact that it is signed Cartier does help as well.
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