North American Auction Company
Timed Auction

Last Chance July Passed Lots Auction - Ends AUG 4th

Mon, Jul 31, 2023 02:00AM EDT - Fri, Aug 4, 2023 03:00PM EDT
Lot 447

7.68ct Tanzanite VS2 Diamond & Platinum Ring

Estimate: $17,000 - $27,000

Bid Increments

Price Bid Increment
$50 $10
$100 $25
$500 $50
$1,000 $100
$2,000 $250
$5,000 $500
$10,000 $1,000
$25,000 $2,500
$50,000 $5,000
$100,000 $10,000
Featured in this lot is this 7.68ct Tanzanite VS2 diamond and platinum ring with GGA paperwork. The ring features a wonderfully and professionally crafted platinum construction that is marked on the inside of the ring band as follows: Oscar Friedman - PT950. The ring features a centerstone of a natural rectangular cushion brilliant faceted cut Tanzanite gemstone that measures 13.70 x 9.47mm and shows a Type I clarity with coloration of bluish violet (5/5) and excellent symmetry with a total weight of 7.68cts. The centerstone and pave set shoulders are profusely decorated with a total of 162 round brilliant cut diamonds that shows measurements of 1.2 x 1mm and shows clarity of VS1 - VS2 and a color grade of F - G with a total diamond weight of 0.83cts. Tanzanite Is a very rare precious gemstone that is only found in the Usumburu Mountains that border the Umba Valley of northern Tanzania. Originally discovered in 1967 by Tiffany & Company who named the stone Tanzanite. Tanzantite is unique due to its exceptional pleochroism (an optical phenomenon in which a stone has different colors when observed at different angles). This example is a nearly flawless eye clarity and unbelievable depth with transparent finish. The piece comes complete with GGA(GemAssure Gemological Appraisals, GGA Appraisal Number#: GGA064979 and trace number: RN034025) report and appraisal confirming the above info and giving a total value of $27,390.00. The ring size is US 7. RN034025.

North American Auction Company is proud to announce the opening of our new in-house, full-service shipping department. We have listened to you the customer and will now be handling all outgoing packages in our new shipping department. We are confident this new offering will allow for a smooth transition from auction block to your front step. We have partnered with preferred carriers to ensure a safe, efficient delivery that works best with your schedule. Please allow 14-21 days after complete invoice payment is made to package and ship your purchase. After you are notified of your winning bids from our company and your item invoice is paid in full our new shipping department will contact you. Make sure when signing up with our company that your preferred shipping information is up to date as this information will be used to estimate shipping cost. Once the items have been packaged our team will contact you for shipping payment. Shipping invoices and payment will be completely separately than the items invoice. Please notify the shipping department with any alternate request or instructions at mark@northamericanauctioncompany.com or 800-686-4216 ext. 3. For a shipping quote please contact the same information above. PLEASE NOTE a shipping quote price can fluctuate in price. Auction company is not responsible for actual shipping cost being higher than quoted shipping cost. Thank you for trusting North American Auction Co. with your bids and shipping. As our shipping department is brand new please understand that delays can be expected.