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By Catholic Online (NEWS CONSORTIUM)

5/5/2014 (2 months ago)

Catholic Online (www.catholic.org)

Pearl is largest of its kind to ever come up for auction

You'll never look at a pearl necklace or pair of earrings gathering dust in a drawer ever again. A British woman had her longtime earrings appraised by her husband - only to have them sold at auction for a world record-breaking £811,000.

The earrings were worn on an almost daily basis by the lady who had no idea of their true worth. A gift from her husband, the earrings were made of two large round pearls. Experts later identified one of the gems as a natural pearl.

The earrings were worn on an almost daily basis by the lady who had no idea of their true worth. A gift from her husband, the earrings were made of two large round pearls. Experts later identified one of the gems as a natural pearl.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

5/5/2014 (2 months ago)

Published in Europe

Keywords: Pearl, auction, natual pearl, England


LOS ANGELES, CA (Catholic Online) - The earrings were worn on an almost daily basis by the lady who had no idea of their true worth. A gift from her husband, the earrings were made of two large round pearls. Experts later identified one of the gems as a natural pearl.

The other was a more common, cultured pearl that would have been produced by an oyster farmer in controlled conditions and was not that valuable - but the natural pearl had a diameter of 17.4 millimeters and is the largest of its kind to have ever come up for auction.

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Experts from Woolley and Wallis Auctioneers of Salisbury, Wilts, gave it a pre-sale estimate of £120,000. Competitive bidding drove the auction price up to £680,000. With all the fees added on, the overall price paid was £811,600. The pearl was sold to renowned international jewelers David Morris of London's Bond Street.

The pearl will now be made into a necklace for a potential buyer in Hong Kong.

"The pearl came in from a private source and was presented as part of a pair of drop earrings," Jonathan Edwards, head of the jewelry department at Woolley and Wallis, said.

"I looked at them and it seemed as though one of them might be a natural pearl, which are worth considerably more than cultured pearls.

"I thought there was a difference between the two because one had an outer layer of about one millimeter thick, but the other seemed to be solid.

"It is very difficult to tell if a pearl is cultured or natural by looking at it and you can never be 100 per cent sure unless you have it X-rayed.

"We had it X-rayed at a London lab and they said it was natural, and we then sent it to a lab in Switzerland who said the same thing," he added.

"The pearl is going to be made into a necklace as part of a collection of pearl jewelry we have been putting together for some time," Phoebe Morris, also from David Morris jewelers, said. "We have a potential buyer for it in Hong Kong.'

It's estimated that the pearl would have taken around 10 years to develop in the wild.

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Pope Francis: end world hunger through 'Prayer and Action'


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Pope Francis Prayer Intentions for July 2014
Sports:
That sports may always be occasions of human fraternity and growth.
Lay Missionaries: That the Holy Spirit may support the work of the laity who proclaim the Gospel in the poorest countries.



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