GUEST
This piece I just inherited from my mother-in-law, who passed away earlier this year at 99, and she inherited the piece from her aunt and uncle, Bertha and Fred Fisher, who you may know have Fisher Auto Body, and that became part of GM. Our guess is, but we don't know, is that it could have come from New York or Detroit, where they spent a lot of time. But we do know that it's a very special piece, and I haven't only worn it except one time because it's a very fancy necklace.
APPRAISER
Right, well it is a beautiful piece.
GUEST
Thank you.
APRAISER
It's a very special necklace. It's a pendant necklace, it is from the Edwardian period.
GUEST
Okay.
APPRAISER
Which came about around the early 1900s. I would date this piece to 1910.
GUEST
Okay.
APPRAISER
And this period was known for elegance, very fashionable time for ladies, and this is the quintessential piece of jewelry from that period.
GUEST
Right.
APPRAISER
So it's made by Tiffany.
GUEST
We saw that, yes.
APPRAISER
Someone that everyone knows.
GUEST
Right.
APPRAISER
They started in the 1840s, and New York jewelry house... GUEST Right....very, very fine firm. They made such exquisite jewelry. You have this beautiful delicate chain of collet set old European-cut diamonds.
GUEST
Okay.
APPRAISER
And then with these pretty marquise-shaped links alternating. So the chain itself you've got about seven karats of diamonds approximately.
GUEST
Okay.
APPRAISER
Then you taper down to this beautiful old emerald-cut stone.
GUEST
Okay.
APPRAISER
And it weighs approximately two-and-a-half karats. This is a very, very clean stone and a very, very white stone.
GUEST
Great.
APPRAISER
So you have a very, very high color...
GUEST
Okay.
APPRAISER
...high clarity stone. And then you drop down to this beautiful pendant watch.
GUEST
Right.
APPRAISER
The filigree work, and the diamond setting is beautifully done. Then you see this gorgeous engraving all along the border.
GUEST
Right.
APPRAISER
If you turn it over, you have a watch.
GUEST
Right.
APPRAISER
By Tiffany. Which also can be detached.
GUEST
Yes, I saw that. And they can wear it as a pendant...
APPRAISER
Correct.
GUEST
...or a pin, or something like that.
APPRAISER
Do you have any idea of the value of this piece?
GUEST
We have no idea, we've never had it appraised. So... the fact that we had just inherited it, this is hopefully will be a good surprise.
APPRAISER
Okay, well I will tell you that you're seeing less and less of this material in the marketplace.
GUEST
Okay.
APPRAISER
It's very sought after, and at auction, the estimate would be $40,000 to $60,000.
GUEST
(chuckles) That's... unbelievable and a surprise.
APPRAISER
So it's really, a really beautiful piece of jewelry.
GUEST
I am so grateful. Thank you for giving us this very valuable information.
APPRAISER
For insurance purposes, I would estimate the value at approximately $120,000.
GUEST
Wow. That makes my heart skip a beat. (chuckling) Oh, my gosh. Thank you, unbelievable.
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