$1,000,000 will you get this strand of just 27 pearls, plus an art deco clasp with 11.92 carats of diamonds. These pearls are special because they are South Sea pearls of the highest quality . They're rated AAA which means they have a superb silver white lustre which are highly sought after, especially in the Asian market. They're also large at 15.06 x 17.24 mm in diameter.
South Sea pearls are not really from the South Seas. They are actually farmed in Broome, in northwestern Australia, where the ocean currents and high nutrient seawater promote the growth of extra large pearls. Even so, these pearls took 10 years to develop, several years longer than for other cultured pearls. Just to get this matched set of pearls also takes a great many oysters.
The necklace is a limited edition piece available from the New York branch of the Mikimoto company.
What Makes This Trend Stand Out
- High-end Jewelry
- The luxury jewelry industry can capitalize on the demand for high-quality pearls as a symbol of personal wealth and status.
- Cultured Pearls
- Investments in research and development of pearl cultivation processes can disrupt the marketplace with superior-quality pearls.
- Sustainable Aquaculture
- Companies that prioritize environmentally-friendly and socially-responsible pearl farming can align with the growing consumer demand for ethical sourcing.
Sectors Adopting This
- Jewelry
- Businesses that specialize in luxury jewelry can leverage the demand for high-quality pearls, especially in the Asian market.
- Pearl Farming
- Companies that invest in innovation and advancements in pearl cultivation technology can disrupt the industry with superior-quality and rare pearls.
- Aquaculture
- Sustainable and socially-responsible aquaculture companies can differentiate themselves in the marketplace and appeal to consumers who prioritize ethical consumption.
