Pearls are, without a doubt, among the most well-liked and well-known stones in the world. Their costs range from less than $100 to thousands or even millions of dollars. Thus, you might wonder, "How much are pearls worth?" and "What causes variations in the value of different pearls?" It is important to understand the elements influencing pearl prices and the connection between price and the types of pearls to answer these questions.
We'll walk you through every step to know how much are pearls worth.
The value of a genuine pearl is established by a number of criteria. Whether the pearl is cultured or natural is the most crucial consideration:
Sea-found gemstones are called natural pearls. In order to locate the natural gems, oyster divers descend to the ocean's surface.
Cultured pearls are produced by a method known as pearl farming. Though less rare than their natural counterparts, they are nonetheless entirely genuine pearls.
Natural pearls have become so scarce that some people believe they are on the verge of extinction due to years and years of pearl diving. As such, they are becoming increasingly difficult to locate on the ocean's surface. Natural pearls are typically far more expensive than cultured pearls due to their rarity.
While determining how much are pearls worth, understanding this distinction between natural and cultured pearls is essential.
How much are pearls worth is influenced by various factors:
This is a generic pearl price guide that shows you the approximate price ranges for each type of pearl in 2023. Prices are decided by individual jewelers and do differ.
Low: less than $250 USD
US$250 to US$650 on average
Fine Quality: at least US$36,000 to US$1000
Low: less than $100 US
On average: $150 to $300 USD
Fine Quality: at least US$6,000.
Low: less than $20 US
Average: $30 to $50 USD
High Grade: US$65 to US$5,000 or more
Low: less than $200 US
On average: $250 to $450
High Grade: $1,200 to $135,000 or more
So now as you explore how much are pearls worth according to their types, let’s check out best selling types of jewelry in pearls.
Pearl jewelry is often worn in both traditional and modern styles.
gold or silver, sometimes accompanied by diamonds or other precious stones for added luxury.
The value of pearls can be maintained for a lifetime with proper care. The more durable the gemstone is, the better its quality. In other words, when you purchase pearls, you're making an investment in jewelry that you may pass down to future generations as family heirlooms.
Work your way up to more costly pearl jewelry, such as statement pieces, cocktail rings, and striking necklaces, by starting with simpler pieces. Your lifetime investment will not be regretted.
Take Good Care Of And Clean Your Natural Pearls.
From 2024 to 2033, the market for pearl jewelry will increase at a compound annual growth rate (CAGR) of 12%, with a valuation of USD 11 billion. By 2033, the market is projected to grow to USD 34.16 billion.
Asian countries have fastest growth in opulent saltwater pearls, while North America is leading with luxury pearl jewelry designs. The Middle East is also a significant contributor reflecting cultural symbolism.
To sum up, how much are pearls worth, the pearl prices are influenced by various factors, including their type, size, shape, color, luster, and surface quality. Whether you're drawn to the classic elegance of Akoya pearls or the vibrant allure of Tahitian pearls, understanding these elements will help you make an informed decision.
At BOLD Precious Metals, we offer a wide range of pearl jewelry suitable for everyone, ensuring you find the perfect piece to add timeless beauty to your collection.