GUEST
It was a ring given to me by my late husband, and he inherited it from his mother in 1975. I believe that she bought it when she lived in New York City. I've been told it's a carved emerald with rubies and diamonds on it. I don't know if the setting is white gold or platinum. I'm guessing the year was in the 1920s. I really don't know.
APPRAISER
Well, let's start with the size of the stone. Very difficult, of course, to measure it in the mounting, but I would say it's at least 20 to 25 carats.
GUEST
Wow.
APPRAISER
So it's big size.
GUEST (laughing)
Yeah.
APPRAISER
It's an emerald. And a lot of people that look at these stones say, "But it's not such a great color," or "It's not so clear." Well, that makes sense for a carved stone, because you wouldn't really carve a great stone.
GUEST
Right.
APPRAISER
So most of these carved emeralds are not the best examples of the stone.
GUEST
I wondered, because it has a lot of occlusions.
APPRAISER
Lot of inclusions.
GUEST
Yeah.
APPRAISER
But that also makes it very difficult to carve, because if you have a lot of inclusions, it's pretty tricky.
GUEST
Okay.
APPRAISER
But the history of carvings, that's what's interesting to me.
GUEST
Oh.
APPRAISER
Is, this really dates back to the Mughal Empire, when they carved stones. The Shah Jahan, who built the Taj Mahal...
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APPRAISER
He would have sacred text inscriptions put in, and carry them as talismans, so it has a long history. And when we look at the carving, it's floral. Little flowers.
GUEST
Mm-hmm.
APPRAISER
So I would say this carving was probably done in the '20s. Now, what happened in the '20s is, Cartier would remount a lot of these emeralds from the maharajahs into Art Deco jewelry.
GUEST
Oh, okay.
APPRAISER
And so it became a fashion. So, many of these we always hope are Cartier. Now, I looked carefully.
GUEST
Mm-hmm.
APPRAISER
It's platinum.
GUEST
Okay.
APPRAISER
Not white gold. I could not find a signature.
GUEST
Yeah.
APPRAISER
So that's disappointing, but the ring looks like it's been sized down, so perhaps it was signed at some point.
GUEST
Oh.
APPRAISER
I think it might be Cartier.
GUEST
Really?
APPRAISER
That would be my guess.
GUEST
Wouldn't that be something?
APPRAISER
It has two rubies, as you know. But on one of them, has a pretty large chip out of it.
GUEST
Right.
APPRAISER
So this ring was worn a lot. The stone-- the emerald itself-- actually has some chips, but it's such a fascinating combination, and it is Art Deco, you're absolutely right.
GUEST
Okay.
APPRAISER
But it doesn't have the signature.
GUEST
Right.
APPRAISER
So, what happens when it doesn't have a signature? The value is not going to be up there.
GUEST
Mm-hmm.
APPRAISER
But I would say, because of the style, because of the size, because of the carving, and because it's so pretty and so interesting, that it is worth between $8,000 and $10,000.
GUEST
Oh.
APPRAISER
Even in this condition. If it were signed Cartier or Tiffany...
GUEST
Yeah.
APPRAISER
...the price would be $30,000 to $50,000.
GUEST
Wow.
APPRAISER
So, I'm going to give you a task. You think that it might have been purchased at Tiffany.
GUEST
Mm-hmm.
APPRAISER
Try to find the original bill.
GUEST
Right.
APPRAISER
Because then, you would have something really, really valuable.
GUEST
Right, if I could find that receipt. (laughs)
APPRAISER
That's it-- get that receipt.
GUEST
Okay.
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