VALUE OF CULTURED PEARLS
There is, of course, a vast difference between the values of cul¬tured and natural pearls. Like all precious gems, the natural pearl always has an international market value; the cultured pearl has almost none. Political disturbances may cause a scarcity of cul¬tured pearls, and their value may rise, but this can be only of a temporary nature. During the years 1939 to 1945, practically none was produced, and during that period demand forced up their price to something like twenty times their pre-1939 value. Pro¬duction commenced once again in 1948, but no great number of necklaces were seen on the market for some three years or so. Read more »