GUEST: My husband inherited it from his grandmother.
APPRAISER: And no one's ever told you anything about the makers or any of that stuff?
GUEST: No, uh-uh.
APPRAISER: Okay. It's made by a famous company, Van Cleef and Arpels. You may have heard of them.
GUEST: I have.
APPRAISER: They're a French outfit. They make fantastic jewelry, and very renowned for that. This was made in about the 1950s, early '60s. And all the beads on this are cast in different styles and patterns. This is of 18-karat gold, and it does have little round brilliant cut diamonds, and it's set all the way around. You can't even tell where the clasp is when you look at it.
GUEST: Right.
APPRAISER: It's a very popular item in today's market. Signed pieces are hot as they've ever been, and I believe an auction value for something like that would be about $10,000 to $15,000.
GUEST: Oh, my gosh... (laughs) Oh, my gosh, you're kidding.
APPRAISER: Well, I'm glad that pleases you.
GUEST: Oh, my gosh, I never dreamed, I never dreamed. Oh!
APPRAISER: Well, good.