GUEST: The item is actually a lavalier necklace that had belonged to my grandmother. My grandmother was an Army nurse at Walter Reed Hospital during World War I. After the war, she was a school nurse that met a local industrialist who owned a company that manufactured hearses and funeral cars. And they married in 1930. To be honest, I never saw it until after my mother died, about 25 years ago. But my grandmother wore it for formal occasions.
APPRAISER: It is a stunning Art Deco piece of jewelry. It is sculptural. The outline is somewhat of a shield shape. And in the very center component, you've got square-cut diamonds that are step cuts, and they give the effect of one larger diamond. You've kind of hit this one out of the park.
GUEST: Oh, well, thank you-- is, is it platinum?
APPRAISER: It is platinum-- it is sculpture in miniature. It really truly showcases Art Deco craftsmanship. I did thoroughly examine the piece, but I didn't see any particular maker's mark, and that's not unusual. An auction estimate would be $3,000 to $4,000.
GUEST: Okay.
APPRAISER: If you were looking to insure it, I think you would be looking at $6,000 or $7,000.
GUEST: Wow-- wow, that's lovely. Yeah.