Pearls Expectations and Prices on the Rise!

"Buying appeared vigorous and dealers felt it was a much stronger show than last year," says pearl expert Lois H. Berger reporting on pearl sales during the Tucson Gem Shows for The Guide's Gem Market News. "In the Chinese freshwater cultured pearl [CFWCP] arena, there was a standout hot item called 'Petal Pearls,'" says Berger, G.G., NAJA, professional appraiser with Fuller and Associates, McLean, Va. She notes that their shape somewhat resembles a dogwood flower petal. Larger sizes in fine quality, 10 x 12 mm, beige multicolor, very high luster, light blemish, excellent match, were seen priced at $450. Last year, notes Berger, a 14 x 12 mm petal-pearl strand, same quality, sold for $400. "Prices have gone up." Coin CFWCP prices were up also. "For example—round circle strands gauging 9.5 x 10 mm were $75 per strand; 10 x 11 mm priced at $225 per strand; and 11 x 12 mm were price
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