This appraisal is given subject to the following terms and conditions that the requester, purchaser and holder of must agree to. These terms and conditions apply to all of our appraisals and reports as well as any oral evaluation, this applies to the web version and written document. The item(s) described in this appraisal report has been examined by New York gemological laboratory unless stated otherwise. Generally accepted grading techniques are used at the time of the examination and evaluation of the item described and contained within the appraisal report. Depending on the grading method and qualifications of the New York gemological laboratory employees, descriptions of items contained in the within appraisal report may vary accordingly. New York gemological laboratory makes no warranty or representation regarding this report and in making this report does not agree to purchase or replace the item(s) examined. All the weights and measurements are approximate in accordance with grading practices and methodologies. All information in this report is approximate as the limitations of jewelry, diamond, gemstone, and watches grading and authentication allow. Carat weight, clarity, grade, color, grade, and proportions of mounted jewelry can only be estimated. This report is in fact a gemological opinion and does not state a fact, the opinion of which can vary on many occasions depending on the graders equipment, lighting condition, grading techniques and amount of experience. The appraised value herein is based on current information on the date indicated on the report, and no opinion is being expressed as to the past or future value. The value expressed herein excludes all federal, state and local taxes. Each value is based on the skilled appraisers’ opinion and best judgment. It does not state a fact, nor is it a representation, guarantee or warranty that the item or items will derive the stated value if offered for sale of any kind. The accuracy of the documentation submitted to New York gemological laboratory in conjunction with items for appraising, shall not be guaranteed by New York gemological laboratory. In addition, any appraisal based on submitted documentation in addition to the item or items, shall so state on the report by making reference there to, and annexing copies of such documentation to the appraisal report. Where the appraisal report includes a company and data supply to New York Gemological Laboratory, we do not guarantee the accuracy of this data. The purpose of this appraisal report is to establish the estimated retail replacement value for insurance purposes, in addition to providing adequate support for claim in the event of damage or loss of an item. The appraisal takes into account, varying prices at different marketing organizations, and may vary based on many factors, including type, and condition of equipment, lighting and skill and experience of the appraiser. Value determination is based on the stated dates, market prices, present, day, costs, for materials, labor, design, precious stone, and metal market a brand recognition. The appraisal report at the date of examination is an opinion of the characteristics of the article, which is the subject of this report, and not a guarantee. No representation or warranties regarding this appraisal report as to the accuracy are made. New York gemological laboratory is not responsible for any use of this report with another similar appearing article. New York gemological laboratory, and its officers, directors and employees are expressly held harmless by customers, including but without limitation for any claims or actions that may arise out of negligence in connection with preparation of this appraisal or laboratory report. The appraisal is made with the assumption that any diamond or other natural, precious or a semi-precious stone present in the article appraised is not artificially colored or clarity enhanced unless stated otherwise in the report. Sale of artificially, colored or clarity. Enhanced diamonds or other stones are illegal, unless full disclosure is made by the seller. All items graded as the mounting permits. New York gemological laboratory shall in no way be responsible or liable with respect to this appraisal report since retail costs and margins may vary greatly based on information gathered through national survey, whereby averaging these costs and margins will result in an estimated retail replacement value for insurance purposes only. The appraised value shall not be used for investment purposes. This appraisal is not a recommendation to purchase. New York gemological laboratory can provide this report for a relatively small fee only because of the aforementioned and following limitations on liability. New York gemological laboratory is not liable for loss, damage (including special or consequential damages) expense, or error, resulting from this report (even if caused by negligence or any other fault). New York gemological laboratory, and its employees and agents shall not be liable for special or consequential damages for any error in or omission from this report, caused by the acts of others, even if advised, or the possibility of such damages. Any liability shall, in any event, never exceed the cost of producing the appraised report. Any report trademark or logo of New York gemological laboratory may not be used for advertising or promotion, nor may it be reproduced without the express written permission of New York gemological laboratory. NEW YORK GEMOLOGOCAL LABORATORY AND ITS EMPLOYEES AND AGENTS SHALL NOT BE LIABLE FOR ANY LOSS, DAMAGE OR EXPENSE RESULTING FROM ANY ERROR IN OR OMISSION FROM THE CERTIFICATE/APPRAISAL/REPORT OR FROM THE ISSUANCE OF OR USE OF THE CERTIFICATE/APPRAISAL/REPORT OR ANY INSCRIPTION, EVEN IF THE LOSS, DAMAGE OR EXPENSE WAS CAUSED BY NEW YORK GEM LAB OR ANY OF ITS EMPLOYEES OR AGENTS AND (2) IN ANY EVENT, NEW YORK GEM LAB AND ITS EMPLOYEES AND AGENTS SHALL NOT BE LIABLE FOR SPECIAL, INDIRECT, INCIDENTAL, EXEMPLARY, PUNITIVE, STATUTORY, OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFITS, RESULTING FROM ANY ERROR IN OR OMISSION FROM, OR FOR THE ISSUANCE OF OR USE OF, THE CERTIFICATE/APPRAISAL/REPORT OR ANY INSCRIPTION, OR FOR ANY ERROR IN OR OMISSION FROM THE CERTIFICATE/APPRAISAL/REPORT OR ANY INSCRIPTION CAUSED BY THE ACTS OF OTHERS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.