Dubai to Host Pearl Tender

Some of the world’s rarest and most sought after natural and cultured pearls will be offered in a private tender of the Dubai Pearl Exchange.

Leading producers Paspaley Pearling Co., Robert Wan, Jewelmer, and Cogent Trading will gather for a world first showcase of gem quality pearls in Dubai. The invitation-only event is set to take place Feb. 12-16, just prior to the inaugural World Pearl Forum in Dubai. Top pearl buyers from the international trade, leading jewelry design brands, and members of the Dubai Pearl Exchange will present closed bids for up to 80 lots of important single pieces and gem quality matched sets as well as strands of significant rarity. Never before has such a collection of pearls been offered for sale.

“This pearl tender will enable us to showcase our very finest pieces to a truly international audience,” said Nicholas Paspaley, chairman of Paspaley Pearling Co.

Paspaley’s pearls to be sold in the tender include one of only five Nautilus pompilius pearls known to the Gemological Institute of America. Paspaley will also offer an extremely important cultured South Sea strand with a centrepiece of over 22mm in size. This strand was previously exhibited at the Smithsonian Institute, the N.Y. Museum of Natural History, and several other of the world’s leading museums.

Organizers anticipate that several millions of dollars in pearls will be offered for sale at Dubai’s first-ever pearl trade tender. 

“The Dubai Pearl Exchange’s inaugural tender of rare pearls is a key element in drawing the pearl trade to Dubai and underscoring the UAE’s historic and ongoing relevance in this international market,” said Ahmed bin Sulayem, executive chairman, Dubai Multi Commodities Centre.

Taking place alongside the inaugural pearl tender is the World Pearl Forum, a conference dedicated to the production, business, design, marketing and certification of the global pearl sector, as well as the official opening of the Dubai Pearl Exchange, a membership-led pearl trade networking hub located on the 62nd floor of Almas Tower within Jumeirah Lakes Towers.

Caption: Pearls to be offered at the Dubai Pearl Tender include a peacock multicoloured cultured Tahitian pearls for strand (top) from Robert Wan Tahiti Perles; gold cultured South Sea perals for strand, earrings, and ring (center) from Jewelmer; and a white cultured South Sea pearl strand from Paspaley Pearling Co.

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