Sapphire and diamond bracelet, J.E. Caldwell, early 20th century

Of square-link design, millegrain-set with square sapphires and circular-cut diamonds, length approximately 183mm, maker's mark, indistinctly numbered.

Stamped J.E.G - Co. on tongue clasp, K9 12 on clasp. Sapphires dark-blue, transparent, some typical inclusions visible under magnification. Some light surface wear such as minor scratches, few chips, and a some rubbed facet edges. Central stone measuring approximately 5.1 x 4.8 x 3.5mm. Diamonds are bright and lively, estimated clarity SI, estimated total diamond weight approximately 3.0-3.5 carats. Mount with signs of wear such as scratching. A few links slightly stretched. Clasp opens easily, however closes securely with security clasp. Overall condition good.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."