GUEST: This is a necklace that was a gift that my grandfather gave to my grandmother, probably late '40s, early '50s.
APPRAISER: Did you happen to know anything about the particular stones?
GUEST: I thought it was moonstones and sapphires.
APPRAISER: Very good-- two points for you.
GUEST: All right! (laughs)
APPRAISER: Not only do you have the moonstones and the sapphires-- they are set in 14-karat gold-- but when I took a more detailed look at this piece, it's marked Tiffany.
GUEST: Oh, my!
APPRAISER: This was a piece made in the 1940s. It's very much in the style of Louis Comfort Tiffany's work, because he, too, liked moonstones and sapphires as somewhat of a signature combination. This is later, so it is not one of his designs, but it is certainly paying homage to the work that he did. The beauty of this, also, is that you have options on how you'd like to wear it.
GUEST: Right, this is a brooch, and you can detach that from the necklace and wear it as a brooch.
APPRAISER: From an auction standpoint, a necklace like this would have an auction estimate of $5,000 to $7,000.
GUEST: Oh, my goodness.