It is a sapphire with 8 diamonds.




silvermakersmarks wrote:It might perhaps concentrate our minds if you were to tell us where your grandmother lived.
Waylander wrote:Hi
Have you considered the well known and well established Australian jewelry firm of Angus & Coote (A&C)? Formed in 1895, still going to this day, well known especially for their wedding and engagement rings.
The above statement is not with any guarantee, but it was my first reaction on seeing your hallmarks. Intended as a pathway to further research only.
Cheers
Waylander

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