SteveM
Well-known member
- Joined
- Jan 29, 2007
- Messages
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A recurring lament among forum members is having spent a bit more on our pearl addiction than intended. Nonetheless, we’ve no doubt all regretted not having pulled the trigger on occasion. On a slow pearl day I was reviewing past communications and came up with my own example, below. Any others?
Early on in my pearl odyssey it became apparent that monopolists and wealthy American vacationers to the Bahamas had preceded me into the realm of conch pearls. This caused a severe reluctance to purchase based on the perception of dubious value. Thus conch, and non-nacreous pearls in general, remain almost totally unrepresented in our collection.
Not that I didn’t come across opportunities in the process of casting a wide net for exotic pearls. Witness the specimen in the photograph below. 12 carats, saturated pink color, perfect symmetry, blazing flame. I was offered this pearl by a Bahamian source immediately upon its discovery at what seemed the outrageous price of US$15,000. I balked and requested a higher resolution photo. But the pearl was sold the next day—to a yachting couple from New York.
That was 15 months ago, and the seller says he hasn’t seen a pearl of nearly the same quality since, and pricing from the conch fishermen has gone through the roof (thanks a lot, Hubert Bari!).
In light of the markets in the intervening months, would that those $15K have been in conch pearl form!
Early on in my pearl odyssey it became apparent that monopolists and wealthy American vacationers to the Bahamas had preceded me into the realm of conch pearls. This caused a severe reluctance to purchase based on the perception of dubious value. Thus conch, and non-nacreous pearls in general, remain almost totally unrepresented in our collection.
Not that I didn’t come across opportunities in the process of casting a wide net for exotic pearls. Witness the specimen in the photograph below. 12 carats, saturated pink color, perfect symmetry, blazing flame. I was offered this pearl by a Bahamian source immediately upon its discovery at what seemed the outrageous price of US$15,000. I balked and requested a higher resolution photo. But the pearl was sold the next day—to a yachting couple from New York.
That was 15 months ago, and the seller says he hasn’t seen a pearl of nearly the same quality since, and pricing from the conch fishermen has gone through the roof (thanks a lot, Hubert Bari!).
In light of the markets in the intervening months, would that those $15K have been in conch pearl form!
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