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Paspaley Pearls appear in the collections of Tiffany & Co, Cartier, Harry Winston, Chow Tai Fook, Falconer, and more. In 1992 a single Paspaley strand of 23 pearls set a world record for cultured pearls when it was auctioned for US$ 2.3 million at Sotheby's, New York. [3]
The original Japanese cultured pearls, known as akoya pearls, are produced by a species of small pearl oyster, Pinctada fucata martensii, which is no bigger than 6 to 8 cm (2.4 to 3.1 in) in size, hence akoya pearls larger than 10 mm in diameter are extremely rare and highly priced. Today, a hybrid mollusk is used in both Japan and China in the ...
The cultured pearls on the market today can be divided into two categories. The first category covers the beaded cultured pearls, including Akoya, South Sea, Tahiti, and the large, modern freshwater pearl, the Edison pearl. These pearls are gonad-grown, and usually one pearl is grown at a time. This limits the number of pearls at a harvest period.
Tiffany & Company, Union Square, Manhattan, storage area with porcelain, c. 1887 Tiffany & Co. was founded in 1837 by Charles Lewis Tiffany and John B. Young, [12] in New York City, as a "stationery and fancy goods emporium", with the help of Charles Tiffany's father, who financed the store for only $1,000 with profits from a cotton mill. [13]
The crown is decorated with diamonds totalling to 18 carats, with 120 naturally white pearls obtained in Japan, both South Sea and Akoya, giving a grand total weight of 29.7 carats. Due to its delicate nature, a security detail was attached to the crown wherever it traveled and insured for $250,000 USD against the risk of loss or damage.
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