Sample of Appraisal September 22, 20162009 Rolex Men's Daytona Oyster Perpetual Cosmograph Wristwatch: Material: Stainless Steel and 18K gold (stamped "18K 750 Convention mark, Swiss

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105 W. California Blvd. Pasadena, CA 91101 (P) 626 568-4910

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Jewelry Judge - Los Angeles Sample of Appraisal September 22, 2016 105 W. California Blvd. Pasadena, OR 91105

Item 1 Diamond Three Stone Ring: 95%+ platinum (stamped "Platinum”) Cast & Assembled Diamond Three Stone Ring, size 6.5, measuring 25.50(height) x 20.00(width) x 12.50 - 4.00(depth) mm weighing 12.5 grams (g) or 8.0 pennyweights (dwt). Bright polish finish. In the center is one (1) 4-prong set emerald cut diamond flanked by two (2) 4-prong set trapezoid step cut diamonds in tiered settings. The workmanship is good to very good. The condition is new Diamond details described below.

Emerald Cut Natural (origination) Diamond 4-prong set measuring 12.00 x 9.74 x 6.39 mm (Depth estimated). Weight Correction Factor 3.1 %. Measurements are approximate. Natural inclusions under magnification. No treatment detected. Graded mounted. The girdle is inscribed "The girdle is inscribed "GIA 9871234"". CARAT WEIGHT: 6.67 ct (Stated) CUT: Proportions: GIA Class II Depth %: 65.6 % Table %: 68 % Crown: 15.5 % | 40.0 º Girdle: Medium - Slightly Thick, Polished (3.6%) Pavilion: 48.0 % | 43.8 º Culet: None Polish: Excellent Symmetry: Excellent COLOR: H Fluorescence: None (LW-UV) CLARITY: VS-1

Legend: Black: Stone & Setting

Crystal Feather

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Trapezoid Shape Cut Natural (origination) Diamond 4-prong set measuring 7.50 x 5.50 x 4.13 mm (Depth estimated). Weight Correction Factor 4.5 %. Measurements are approximate. Natural inclusions under magnification. No treatment detected. Graded mounted. CARAT WEIGHT: 1.24 ct (Estimated) CUT: Proportions: Class II (GIA) Depth %: 75.1 % Table %: 65 % Crown: 15.5 % | 41.0 º Pavilion: 50.0 % | 45.0 º Culet: None Polish: Excellent Symmetry: Very Good COLOR: E Fluorescence: None (LW-UV) CLARITY: VS1 (Crystal)

Trapezoid Shape Cut Natural (origination) Diamond 4-Prong set measuring 7.50 x 5.50 x 4.13 mm (Depth estimated). Weight Correction Factor 5 %. Measurements are approximate. Natural inclusions under magnification. No treatment detected. Graded mounted. CARAT WEIGHT: 1.25 ct CUT: Proportions: Class II (GIA) Depth %: 75.1 % Table %: 65 % Crown: 14.5 % | 40.0 º Girdle: Medium - Slightly Thick, Polished (5.5%) Pavilion: 53.0 % | 46.7 º Culet: None Polish: Very Good Symmetry: Very Good COLOR: F Fluorescence: None (LW-UV) CLARITY: VS1 (Feather) Total Gemstone Weight 9.16 ct Total Weight of Ring 12.5 g

Est. Full Retail (excludes tax) $270,000.00 US Est. Replacement Value (JISO/ACORD) (New) (excludes tax) $190,000.00 US

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Item 2 Ruby & Diamond Three Stone Ring: 18K white gold (stamped "18K”) Cast & Assembled Ruby & Diamond Three Stone Ring, size 6.5, measuring 25.00(height) x 20.00(width) x 9.50 - 4.00(depth) mm weighing 6.5 grams (g) or 4.2 pennyweights (dwt). Bright polish finish. In the center is one (1) 5-prong set heart mixed cut ruby flanked by two (2) 3-prong set pear brilliant cut diamonds on the shoulders. The workmanship is good to very good. The condition is new Ruby & Diamond details described below.

Heart Shape Mixed Cut Natural (origination) Ruby - Corundum 5-prong set and measuring 8.50 x 8.50 x 6.70 mm (Depth estimated). Weight Correction Factor 20 %. Measurements are approximate. Magnification & filter tested. Most likely heat treated. Graded mounted. Bezel tip. CARAT WEIGHT: 4.18 ct (Estimated) CUT / Proportions: GIA Very Good Crown Cut Style: Brilliant Cut Pavilion Cut Style: Step Cut Depth %: 78.8 % Table %: 60.0 % Crown %: 15.0 % Girdle: Slightly Thick - Thick, Polished Pavilion %: 60.0 % Culet: None Polish: Very Good Symmetry: Very Good stpR 30(00) 6/5

Medium dark, Strong, strongly purplish Red

Fluorescence: Medium red (LW-UV) CLARITY (GIA): Type II; Slightly

Included Transparency: Transparent

Legend: Black: Stone & Setting Red: Internal Green: Surface

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2 Pear Shape Brilliant Cut Natural (origination) Diamonds 3-Prong set; measuring 8.00 x 5.00 mm (Depths estimated). Weight correction factor of 1 %. The stones are one size. Measurements are approximate. Polariscope: First order Strain. No treatment detected. Graded mounted. CARAT WEIGHT: 1.56 cttw (Estimated) CUT: Proportions: Class II (GIA) Polish: Very Good Symmetry: Very Good COLOR: G to H CLARITY: VS1 to VS2 Total Gemstone Weight 5.74 ct Total Weight of Ring 6.5 g


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Item 3 Opal Doublet Tapered Shank Ring: 14K yellow gold (stamped "14K") North American Jewelers, Inc. (NAJ)) Cast & Assembled Opal Doublet Tapered Shank Ring, size 6.5, measuring 25.22(height) x 19.42(width) x 11.81 - 4.71(depth) mm weighing 8.0 grams (g) or 5.1 pennyweights (dwt). bright polish finish. The workmanship is good to very good. The condition is light normal wear. Opal Doublet details described below.

Oval Cabochon Cut Natural (origination) Black Opal Doublet 6-Prong set; measuring 10.76 x 9.00 x 4.20 mm (Depth estimated); Measurements are approximate. Weight Correction Factor 0 %. Natural Structure. Unable test for treatment. Graded mounted. CARAT WEIGHT: 0.00 ct (NFA (No Formula

Available)) CUT: Proportions: GIA Very Good Depth %: 46.7 % Polish: Very Good Symmetry: Very Good COLOR (GIA): B 22(00) 2/2 Very light Slightly Grayish Blue Fire Colors: Potch 0%; Violet 10%; Blue 30%; Green 40%; Yellow 0%; Orange 20%; Red 0% Fire Pattern: Harlequin Fire Brightness: Very Bright Consistency: Consistent Directionality: Somewhat Directional Fluorescence: Medium white (LWUV) CLARITY (GIA): Not Applicable Opal Clarity: Free of fractures Transparency: Translucent to Opaque

10 Round Brilliant Cut Natural (origination) Diamonds Channel set; measuring 1.90 to 1.70 mm (Depths estimated). Weight correction factor of 3 %. The stones are matched sizes. Measurements are approximate. No treatment detected. Graded mounted. CARAT WEIGHT: 0.25 cttw (Estimated) CUT: Proportions: GIA Cut Grade: Good Polish: Good Symmetry: Good COLOR: G to H CLARITY: SI1 to I1

Total Gemstone Weight 0.25 ct Total Weight of Ring 8.0 g


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Item 4 Lab Created Star Sapphire & Diamond Tapered Band Ring: 10K white gold (stamped "10K”) Cast Lab Created Star Sapphire & Diamond Tapered Band Ring, size 8.5, measuring 27.27(height) x 22.76(width) x 12.82 - 3.40(depth) mm weighing 8.6 grams (g) or 5.5 pennyweights (dwt). bright polish finish. The workmanship is good to very good. The condition is normal wear. Lab Created Star Sapphire & Diamond details described below.

Oval Cabochon Cut Lab - Created (origination) Star Sapphire - Corundum Half Bezel set; measuring 10.05 x 8.00 x 4.80 mm (Depth estimated); Measurements are approximate. Weight Correction Factor 5 %. Curved color banding. Most likely treated. Graded mounted. CARAT WEIGHT: 4.38 ct (Estimated) CUT: Proportions: GIA Very Good Depth %: 60.0 % Polish: Very Good Symmetry: Very Good COLOR (GIA): B 22(04) 4/5 Medium light Strong Blue Fluorescence: None (LWUV) CLARITY (GIA): Not Applicable Transparency: Semi Translucent to Opaque Rays in Star: Six Centering: Very Good Intensity: Very Strong Completeness: Complete Movement: Very Good

2 Single Cut Natural (origination) Diamonds 3-Bead set; measuring 1.80 mm (Depths estimated). Weight correction factor of 3 %. The stones are one size. Measurements are approximate. No treatment detected. Graded mounted. CARAT WEIGHT: 0.05 cttw (Estimated) CUT: Proportions: GIA Class II to III Polish: Good Symmetry: Good COLOR: H to I CLARITY: VS


Est. Full Retail (excludes tax) $1,500.00 US Est. Replacement Value (JISO/ACORD) (Comparable Cost) (excludes tax) $900.00 US

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Item 5 Diamond Thirteen Stone Inline Band Ring: 10K white gold (stamped "10K") Rosy Blue Jewelry Inc. (ZEI) Cast Diamond Thirteen Stone Inline Band Ring, size 4.5, measuring 19.25(height) x 19.35(width) x 2.45 - 1.88(depth) mm weighing 1.9 grams (g) or 1.2 pennyweights (dwt). bright polish finish. The workmanship is good to very good. The condition is new. Diamond details described below.

13 Round Brilliant Cut Natural (origination) Diamonds 4-Prong set; measuring 2.00 mm (Depths estimated). Weight correction factor of 3 %. The stones are one size. Measurements are approximate. No treatment detected. Graded mounted. CARAT WEIGHT: 0.40 cttw (Estimated) CUT: Proportions: GIA Cut Grade: Good Polish: Good Symmetry: Good COLOR: G to H CLARITY: SI2 to I1


Est. Full Retail (excludes tax) $1,600.00 US Est. Replacement Value (JISO/ACORD) (New) (excludes tax) $800.00 US

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Item 6 Cultured Pearl Necklace: Mikimoto Cast & Assembled Cultured Pearl Necklace with a 18K yellow gold Mikimoto Figure 8 box clasp; measuring 18.00(length) in x 7.40 - 7.00(width) x 7.40 - 7.00(depth) mm weighing 32.7 grams (g) or 21.0 pennyweights (dwt). The workmanship is very good. The condition is light wear. Cultured Pearl details described below.

57 Cultured Saltwater Pearls Strung & Knotted; 7 mm to 7-1/2 mm; 18 inches - Princess; 1 Strand; Uniform Sizes; No treatment detected.; Graded strung. Luster: High Nacre thickness: Thick Matching: Very good Color (body/over): White/ Silver Rose' Blemishes: Unblemished Grade: Mikimoto AA

Cultured Saltwater Pearl Post set; 3-1/2 mm to 4 mm; No treatment detected.; Graded mounted. Luster: High Nacre thickness: N/A Color (body/over): White/ Silver Rose' Blemishes: Unblemished Grade: Mikimoto AA+

Total Weight of Necklace 32.7 g


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Item 7 WRISTWATCH: 2009 Rolex Men's Daytona Oyster Perpetual Cosmograph

Wristwatch: Material: Stainless Steel and 18K gold

(stamped "18K 750 Convention mark, Swiss hallmark")

Trademarked: Rolex Condition: Mint (G9) Model number: 116523 Serial number: D123456 Movement: Chronometer Movement 44 Jeweled Complications: Chronograph Comments: Watch was not opened. No supporting

documents provided.

Champagne 18K yellow gold(stated) Rolex Dial Details Shape: Round Features: Center Second Hand, Chronograph Hour markings: Luminescent dot & batons Hands: 18k yellow gold & Luminous

18K yellow gold(stated) Rolex Bezel Details Bezel: Tachymeter Crystal: Created Sapphire

Stainless Steel(stated) Rolex Case Details Case: 40 mm Case Type: Oyster Water resistant to 1000 meters Crown: Two screw down buttons screw down crown

Stainless Steel and 18K gold (stamped "18K 750") Rolex Oyster Link Oysterlock Bracelet Details Clasp: Special Oysterlock

Full Retail (excludes tax) $16,900.00 US Est. Replacement Value (JISO/ACORD) (Comparable Cost) (excludes tax) $14,190.00 US

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Item 8 1930's Sapphire & Diamond Flexible Bracelet: 95%+ platinum (stamped "Platinum”) Cast & Assembled Sapphire & Diamond 1930's Flexible Bracelet with a hidden box clasp7.00(length) in x 20.00 - 20.00(width) x 5.50 - 5.50(depth) mm weighing 38.6 grams (g). Bright polish finish. The workmanship is good to very good. The condition is light normal wear. No supporting documents provided. The gemstones are described in detail below

56 Square Faceted Natural (origination) Sapphire - Corundums Channel set and measuring 2.80 x 2.80 mm (Depths estimated). The stones are one size. Measurements are approximate. Weight correction factor is 15 %. Duotester: Corundum. Natural Color Zoning. Most likely treated. Comments: Graded mounted. CARAT WEIGHT: 11.31 cttw (Estimated) CUT/Proportions: Good to Very Good Crown Style: French Cut Pavilion Style: Brilliant Cut Polish: Good to Very Good Symmetry: Good to Very Good COLOR (GIA): vB 22(08) 4/5 Medium light Strong violetish Blue CLARITY (GIA): Type II; Slightly Included Transparency: Transparent

112 Round Brilliant Cut Natural (origination) Diamonds 4-Bead set measuring (Depths estimated). Weight correction factor of 2 %. The stones are even sizes. Measurements are approximate. No treatment detected. Graded mounted. CARAT WEIGHT: 6.45 cttw (Estimated) CUT: Proportions: GIA Class II Polish: Good to Very Good Symmetry: Good to Very Good COLOR: G to H CLARITY: VS

Total Gemstone Weight 17.76 ct Total Weight of Bracelet 38.6 g Est. Replacement Value (JISO/ACORD) (Comparable Cost) (excludes tax) $12,500.00 US

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Addendum Diamonds GIA Color Grading Scale AGS Color Grading Scale

D 0 E .5 F 1 G

1.5 H 2 I 2.5 J 3 K 3.5 L 4 M 4.5 N 5 O 5.5 P 6 Q 6.5 R 7 S 7.5 T 8 U 8.5 V 9 W 9.5 X 10 Y 10 Z 10 Fancy Light

Fancy Fancy Intense

Colorless Near Colorless Faint Yellow Very Light Yellow Light Yellow Yellow GIA Clarity Grading Scale AGS Clarity Grading Scale

VVS 1 1 VVS

2 2 VS1 3

VS2 4 SI1 5

SI2 6 I1 7-8

I2 8-9 I3 9-10

Flawless Internally Flawless Imperfect (FL, 0) Flawless - To receive a grade of flawless there can be no inclusions and no polishing or surface imperfections of any kind visible at 10X magnification. (IF,0) Internally Flawless - Free of all inclusions but has minor surface blemishes or minor internal graining that is not white, colored, or reflective. (VVS1,VVS2,1,2) Very Very Slightly Included - Minute inclusions that are extremely difficult or difficult to locate at 10X magnification. (VS1, VS2,3,4) Very Slightly Included - Minor inclusions that may be difficult to see or seen fairly easily at 10X magnification. (SI1,SI2,5,6) Slightly Included - Inclusions that are usually easy to locate at 10X magnification. In some SI2 diamonds the inclusions may be visible to the unaided eye in larger diamonds, step

cuts, and when viewed through the pavilion.

(I1, I2,I3,7,8,9,10)Imperfect - Large inclusions, usually unaided eye. In I diamonds the inclusions can affect beauty and durability. In I3 diamonds beauty and durability are seriously affected DIAMOND TREATMENTS Diamonds may be subjected to various treatments to improve their appearance. Treatments used are considered usual and customary practices when properly disclosed and when done without intent to defraud the consumer. Treatments found may be laser drilling, fracture filling, high temperature and pressure (HTHP) to improve color, or irradiating (to attain fancy color). Any treatments found will be noted on the appraisal report. The Federal Trade Commission requires the disclosure of fracture filling and irradiation. Although laser drilling is currently not required to be disclosed, it should still be disclosed and failure to do so may still be considered deceptive to the consumer

Colored Stones GIA COLORED STONE GRADING NOMENCLATURE Color is described by three components--hue, tone, and saturation. Hue is the dominant color and any additional colors visible in a stone. Examples are orangy red or bluish green. Tone is the lightness or darkness of the color from colorless to black. Saturation is the strength of the color from grayish or brownish to vivid. Clarity for colored stones will be graded by the same nomenclature as diamonds (FL, VVS, VS, SI1, SI2, I1, I2, I3 and Declasse) as of 2003 GIA has changed to 1x eye visible system using Eye Clean, Slightly Included, Moderately Included, Heavily Included, Severely Included and Declasse’. However, some colored stones naturally grow with more inclusions. Therefore, the system is amended depending on the type of gemstone being graded. TYPE I: Often Inclusion Free: Beryl: Aquamarine; Green; Morganite; Yellow; Chrysoberyl: Green; Yellow Quartz: Smoky; Spodumene: Kunzite; Green; Topaz: Blue; Yellow; Orange; Pink; Red; Tourmaline: Green; Zircon: Blue; Zoisite: Tanzanite TYPE II: Usually Included: Andalusite, Chrysoberyl: Alexandrite; Corundum: Ruby; All Sapphires; Garnets: All Species and Varieties, Iolite, Peridot, Quartz: Amethyst; Citrine; Amethyst-Citrine, Spinel: All Colors, Tourmaline: Blue; Orange; Yellow; Parti-Colored (except Watermelon), Zircon: Green; Orange; Red; Yellow, TYPE III: Almost Always Included: Beryl: Emerald, Tourmaline: Red (and Pink); Watermelon, Cut for colored stones will examine the proportions and finish looking at factors such as outline balance, depth, bulge, windowing, extinction, polish, and symmetry. When the above factors are analyzed, the final grading will be assessed according to the standards as set forth in The Guide. Grading used will be Commercial (Lower, Middle, or Upper), Good, Fine, or Extra Fine. COLORED STONE TREATMENTS Colored stones are often subjected to various treatments to improve their appearance. Treatments are considered usual and customary practices when properly disclosed and when done without intent to defraud the consumer. Many treatments are stable and do not require special care. Others may require special care. When a treatment is detected and considered not to be usual and customary it will be so noted by this appraiser. Some treatments are reversible and re-treatable. It may be beyond the scope of an appraisal to determine exact treatment methods or the amount of treatment present. Some treatments require sophisticated equipment to identify, not found in a standard gemological laboratory. All treatments should be disclosed to the purchaser. Market values are generally based on these treatments. Unless otherwise stated, the colored stones in this appraisal are assumed to have been subjected to one or more of these treatments, when it is common for that species or variety and valued accordingly. Treatments, when detected will be noted on the appraisal. Untreated gemstones, when detected and when the value is affected, will be noted. Unstable treatments or other treatments that adversely affect the value will also be noted in the appraisal when detected. The following list describes some common gemstone treatments. It is not inclusive of all treatments. Gemstone Treatment Frequency Stability Care of Gem Ruby Heat, Usually Excellent Normal Sapphire Heat Usually Excellent Normal Emerald Oil, Opticon or other Usually Fair to good Caution Polymer resins Tanzanite Heat Always Excellent Caution Pearl Bleach Usually Very good Caution Opal Oil, wax, and epoxy Rare Fair Caution Blue Topaz Irradiated Always Excellent Normal Other gemstone treatments include irradiation, dye, various coatings, and diffusion. Some treatments such as dye may be considered fraudulent if not properly disclosed

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Pearls PEARL GRADING NOMENCLATURE Pearls are formed within the shell of certain mollusks. The finest pearls are produced by the Pearl Oyster. The pearl is composed of conchiolin and calcium carbonate that is secreted by the MANTLE (the film of tissue that surrounds the body of a pearl oyster and separates it from the shell), of the mollusk and is deposited as “NACRE” in very thin concentric layers to surround a foreign particle which has been inserted by man to form a CULTURED PEARL. Typical lengths and styles are: Graduated (pearls are gradually increasing), Choker (14 to 16”), Princess (18” in length), Matinee (20” to 24”), Opera (28” to 30) and Rope (31” to 40”). Pearls are graded using seven basic components-Color, Luster, Nacre Thickness, Shape, Blemishes and Uniformity (or make). Color Pearls come in a almost infinite variety of hues and shades ranging from pink to gold through green, blue, silver and black. The most important color for any woman is one that flatters her the most. Rose tones compliment a fair complexion and darker shades are the best for creamy or olive skin tones. Luster: Ranging from Very High, with bright, sharp reflection, to Very Low, having weak to non-existent reflections, luster is the appearance of the smooth pearl surface due to the reflection of light striking the surface. Generally, the more coatings, the deeper and more brilliant the luster. The most common luster is “medium”, with fairly bright reflections that may not be very clear or distinct. Nacre is the material that is a component of a pearl and of Mother of Pearl. It is the secretion form the MANTLE, that forms the outside of a round pearl and the inside of Mother of Pearl. Ranging from Very Thick, at least .05mm thick, to Very Thin, .025mm or less on most pearls. Shape: A pearls shape ranges from all Round, where all pearls are round and drilled “on-center”, to Baroque, an irregularly shaped pearl formed by a pearl oyster around an irregularly-shaped intrusion. The most common are Mostly Round, where most pearls look round with minor variations; to slightly off round, where some may be slightly elongated, flattened or drilled off center. Blemishes: Pearls range from Flawless, which must appear blemish free to the unaided eye, to heavily spotted, those pearls with obvious blemished on all, or almost all of the pearls. The most common being lightly spotted to spotted. Uniformity Ranges from Excellent, when all pearls are uniform in appearance and size, to Poor, when more than 1/3 of the pearls show noticeable variation in size and appearance.

Geoffrey A. Nelson Summary of Qualifications

Accredited Appraiser Instructor • Gems and Jewelry • Jewelry, Gemology and Valuation Science Expert Witness • Federal Bureau of Investigation 11/97, United States Secret Service 4/2000 , Los Angeles County Public Defender, Los Angeles County Court

PROFESSIONAL EXPERIENCE: 2000 - Present Gemmology International Inc, Upalnd, Ca.

• Accredited Appraiser / Graduate Gemologist 2002 – Present Santiago Canyon College, Orange, CA • Instuctor, Gemology Departmet 1996 - 2000 A.I.G. Laboratories, Los Angeles, CA.

• Assistant Laboratory Director 1993 - 1996 Professional Gem Sciences (as European Gemological Laboratory Los Angeles (expired 1999))

• Manager / Staff Gemologist Management Information Systems; Diamond Grading EDUCATION: 2004 & 2009 American Society of Appraisers, Herdon Virginia GJ205 — Gems and Jewelry Appraisal Theory, Methods and Application GJ206 — Gems and Jewelry Appraisal Techniques and Standards 1997 - 2003 International Society of Appraisers 1997 Core Courses in Appraisal Studies and Valuation Science 2003 Appraisal of Antique and Period jewelry

1992 -2000 American Gem Society, Las Vegas, Nevada

1993 Registered Jeweler 1999 Certified Gemologist 2000 Certified Gemologist Appraiser 2000 Independent Certified Gemologist Appraiser

1991 - 1994 Gemological Institute of America, Santa Monica, CA. • Graduate Jeweler: Diploma in Jewelry manufacturing Arts (Residence)

• Graduate Gemologist: Diploma in Gemology (Residence) • Jewelry Design Graduate: Certificate in Jewelry Design (Residence)

1983 - 1984 Los Angeles Trade Technical College, Los Angeles, Ca. • Associate of Arts: Computers / Electronics

PROFESSIONAL 1998 - 1999 President , Southern California Guild of the American Gem Society MEMBERSHIPS: “1999 GUILD OF THE YEAR “

Graduate Gemologist and Graduate Jeweler International Society of Appraisers: Accredited Member National Association of Jewelry Appraisers: Senior Member

Jewelry Insurance Appraisal Institute, Certified Insurance Appraiser Santiago Canyon College, Adjunct Professor of Gemology Charter Member, Warner Center Rotary Club, Rotary International

Documents

Sample of Appraisal September 22, 20162009 Rolex Men's Daytona Oyster Perpetual Cosmograph Wristwatch: Material: Stainless Steel and 18K gold (stamped "18K 750 Convention mark, Swiss