Here is a $7,000 Ruby and Diamond Cocktail Ring in 14k gold. This is part of a collection of estate jewelry that will be auctioned this week. The center is approximately a .60Ct Oval Ruby that is a gorgeous crisp red gem. This stone was examined today at the gem lab and confirmed natural Ruby heat only. This is flanked by 4 round brilliant Diamonds that are G-H color and SI2 clarity. The total Ruby and Diamond weight is approximately .74cts. The ring is size 7 and it will be sized free upon request of the winning bidder. Ruby is the July birthstone. This has a retail replacement cost of $7,000 and it will be auctioned to the highest bidder at $1 No Reserve.