Origin For over 4,000 years, pearls have been prized items. Pearl necklaces and pearl pendants were presented as gifts to Chinese royalty around 2300 BCE. In ancient Rome, pearl jewelry was widely considered a status symbol. These supreme gems were so prestigious that in the first century CE, Julius Caesar passed a law limiting the use of pearls to the ruling classes.
In India, it was believed that the Hindu god Krishnan found the first pearl, which led the gem to gain sacred connotations. Pearl Jewelry at Auction Today Today, natural pearls are among the rarest gems with a limited supply around the globe. This means they can be harvested infrequently and only in certain regions. The shortage of natural pearls is reflected in the prices that they fetch at auction.
Pearl necklaces and pearl pendants are selling for record sums. Intense bidding wars have broken out for high-quality pearl necklaces and pendants. These marvelous gems sometimes fetch millions of dollars. Pearl necklaces on sale are the center of attraction in many recent auctions. Pearl pendants on sale also draw bidders’ interest.