Here is a $7,500 3.45Ct Cabochon Ruby and Diamond Band in 14k gold. This is part of a collection of estate jewelry that will be auctioned this week. The center is approximately a 3.00Ct Red Cabochon Ruby that is surrounded by round brilliant Diamonds that are G-H color and VS2-SI1 clarity. The total Ruby and Diamond weight is approximately 3.45Cts. Ruby is the July birthstone. The ring is size 6.5 and it will be sized free upon request of the winning bidder. This has a retail replacement cost of $7,500 and it will be auctioned to the highest bidder at $1 No Reserve.