Introduction
The rarity of conch
pearls, a by product of the conch meat industry
Conch pearls are extremely rare natural non-nacreous
pearls produced by the sea-snail Strombus gigas, commonly known as the
queen conch, found mainly in the Caribbean and Gulf of Mexico. The queen
conch is mainly harvested for its meat, which is a delicacy in the
United States and the Caribbean. The shells of the queen conch are also
valued as souvenirs, and used to manufacture cameos, curios and jewelry.
However, the most important by product of the thriving queen conch
fishery in the Caribbean, is the occasional pearl that was recovered
from the conches. The conch pearl has a frequency of occurrence of 1 in
10,000 conches, out of which only about 10% are gem quality. Thus the
probability of occurrence of gem quality conch pearls is 1/10,000 x 1/10
= 1/100,000, i.e. 1 in one hundred thousands queen conches. This is an
extremely rare probability, yet given the massive annual production of
queen conches, a considerable quantity of conch pearls are produced
annually.
Popularity of conch
pearls in the late-Victorian and Edwardian periods
Conch pearls gained popularity in the late
19th-century, during the late-Victorian period, and early
20th-century, during the Belle Epoque or Edwardian period. The Queen
Mary Conch Pearl Brooch is a prominent example of a piece of jewelry of
this period incorporating conch pearls. The popularity of conch pearls
during this period is associated with a decline in production of natural
pearls from the traditional sources of natural pearls in the world, the
Persian Gulf, the Red Sea and the Gulf of Mannar. But, the popularity of
conch pearls was short-lived, as soon after the end of world war I, the
Japanese were able to successfully culture Akoya pearls in the 1920s,
that flooded the pearl markets of the world, with a range of cultured
pearls, in a variety of colors, shapes and sizes, and at
affordable prices. The success of the Japanese, dealt a death blow to
the traditional natural pearl fishing industries, in the countries
surrounding the Persian Gulf, the Red Sea and the Gulf of Mannar. In the
Gulf countries it caused a lot of poverty and depravation among
thousands of pearl fisherman, who were engaged in the trade for
generations. Fortunately, the discovery of oil in the region, in the
1930s, gave them new hopes and aspirations, a new lease of life, saving
these nations from total collapse.
Conch pearls and
South Sea pearls were the only natural pearls produced after the
collapse of the traditional natural pearl industry in the 1920s
After the collapse of the natural pearl industry, the
only natural pearls that were being produced in the world were conch
pearls, and the South Sea pearls. However, these pearls were actually
produced as a by product of another major industry. While conch pearls
were produced as a by product of the queen conch meat industry, South
Sea pearls were produced as a by product of the lucrative
mother-of-pearl industry, whose nerve center was Broome in western
Australia. After the collapse of the mother-of-pearl industry in
the 1950s following the introduction of plastic buttons, a cultured
pearl program for South Sea pearls was started, and today, Australia is
in the forefront of the cultured pearl industry, together with Japan,
China, and countries of the South Pacific. In the Caribbean and the Gulf
of Mexico, while the conch meat industry boomed, producing large
quantities of conch pearls, there were no takers for these pearls,
except for collectors and pearl enthusiasts. One such collector and
pearl enthusiast was Susan Hendrickson, professional diver, marine
archaeologist and paleontologist who achieved international fame for her
discovery of the most complete fossil skeleton of T. Rex in 1990, in the
Black Hills of South Dakota. She built up one of the largest collections
of conch pearls in the world, during her diving expeditions to the
Caribbean.
Resurgence in the
popularity of natural pearls
The cultured pearl industry has dominated the pearl
markets for more than eight decades. However, recently pearl markets
have observed a surge in popularity of natural pearls, initially
indicated by the strong auction market for pieces of jewelry containing
old natural pearls. The table below shows the trend in prices recorded
by natural pearls/pearl jewelry at public auctions conducted by
international auction houses during the period 1969 to 2009. The
increased trend begins in 1986 with the sale of the Mona Bismarck
double-strand pearl necklace for USD 410,000 and reaches a climax
in 2007, with the sale of the double-strand Baroda pearl necklace for
USD 7,096,000. The latest record sale was in March 2009, when the Pearl
Carpet of Baroda sold for USD 5,500,000.
Table of some famous
natural pearls/pearl jewelry sold at public auctions conducted by
international auction houses, giving the date of auction and the prices
realized, during the period 1970 to 2009
| S/N |
Name of pearl/pearl jewelry |
Probable period of origin |
weight |
date of auction |
Price realized |
| 1 |
La Peregrina |
1513 |
203.84 grains |
1969 |
USD 37,000 |
| 2 |
Mancini pearls |
1500-1600 |
400 grains |
Oct.1979 |
USD 253,000 |
| 3 |
Mona Bismarck 2-strand pearl necklace |
1920-1930 |
Double-strand of 70 pearls |
May 1986 |
USD 410,000 |
| 4 |
Duchess of Windsor pearl necklace |
1910-1936 |
Single-strand of 28 natural pearls. Total
weight 1266.33 grains |
April 1987 Dec 2007 |
USD 733,333 3,625,000 |
| 5 |
Empress Eugenie tiara |
1853 |
212 pearls, 2,520 grains |
Nov 1992 |
USD 650,000 |
| 6 |
Nina Dyer black pearl necklace |
1950s |
151 natural black pearls |
Nov 1997 |
USD 913,320 |
| 7 |
Barbara Hutton pearls |
1600-1666 |
44 natural pearls, total weight of 1,816.68
grains |
May 1992 Nov 1999 |
USD 580,000 USD 1,470,000 |
| 8 |
Unidentified natural pearl necklace by
Cartier |
Historical provenance not revealed |
Double-strand necklace with 88 natural pearls |
Nov 2004 |
USD 3,100,000 |
| 9 |
La Regente |
1811 |
302.68 grains |
Nov 2005 |
USD 2,483,968 |
| 10 |
Gulf pearl parure designed by Harry Winston |
1932-1978 |
|
Nov 2006 |
USD 4,100,000 |
| 11 |
Baroda pearl necklace |
1856-1870 |
Double-strand with 68 natural pearls from the
original 7-strand necklace |
April 2007 |
USD 7,096,000 |
| 12 |
Umm Kulthum pearl necklace |
1880 |
nine-stranded necklace with 1,888 pearls |
April 2008 |
USD 1,390,000 |
| 13 |
Pearl necklace from an unidentified notable
collection |
Historical provenance not revealed |
Single-strand necklace with 41 natural pearls |
Nov 2008 |
USD 1,321,110 |
| 14 |
Unidentified pearl and diamond festoon
necklace |
Historical provenance not revealed |
Nine-strand pearl and diamond festoon
necklace. Length 645mm to 1060mm |
Nov 2008 |
USD 946,610 |
| 15 |
Pearl Carpet of Baroda |
1860 |
1.5-2.0 million natural seed pearls |
March 2009 |
USD 5,500,000 |
Reasons for enhanced
prices realized for natural pearls as opposed to cultured pearls
Historical provenance of the pieces above would no doubt have
had an impact on the prices recorded, however, the nostalgia associated
with the owning of natural pearls of ancient origin, in a world
dominated by cultured pearls, coupled with the scarcity of such pearls
in the markets, also seem to have played a significant part in
determining these enhanced prices. It is a well known fact that in the
international gem trade, prime emphasis is always placed on the natural
provenance of a gemstone, be it diamonds, rubies, sapphires,
padparaschas, or pearls. The highest prices are always paid for
gemstones of pure natural origins, with a remarkable drop in prices when
evidence of any treatment or enhancement emerges. This applies equally
well for pearls too, natural pearls always commanding premium prices, in
comparison to cultured pearls. Even though cultured pearls are also
without any doubt natural, human intervention in their creation, seems
to have unfairly influenced their prices. This was clearly revealed when
a cultured pearl model of the U.S. Capitol building, belonging to the
United States Capitol Historical Society, made up of a total of 217, 569
cultured akoya pearls, was put up for auction on behalf of the society,
by the auction house Sloans & Kenyon, on November 5, 2005. The pre-sale
estimate of this magnificent creation was placed at a modest $100,000 to
$125,000, even though some experts had valued it previously at $640,000.
Yet, the highest bid achieved at the auction was only $90,000, short of
the reserve price, and the item was withdrawn from the sale.
The resurgence of
conch pearls
In keeping with the increase in demand for natural
pearls, there had been a resurgence in the popularity of conch pearls
too, mainly because these pearls were all natural, and attempts to
culture them had failed due to the sensitivity of the sea snails and
difficulty in gaining access to the pearl producing area of the snail,
due to its spiral shape. Other factors that might also have contributed
to the popularity of conch pearls, in combination with their natural
provenance, are their rarity, the array of colors in which they are
available, the flame structure in the pink and white forms of the
pearls, and the hardness and resistance of the pearls in comparison to
pearls from other sources. Conch pearls are formed in a variety of
colors such as pink, white, yellow, brown and golden, but the most
sought after color is a salmon-colored orange-pink. The spectacular
flame structure in the pink and white varieties, that produces a
shimmering effect on the surface, is a chatoyant effect caused by the
calcite microcrystalline fibers that form bundles arranged in concentric
layers in a lamellar fashion. It is this unique chatoyancy that imparts
a special beauty on these pearls, that has called for the
reclassification of conch pearls as "true pearls" by eminent
specialists in the field such as the director of the GIA in Bangkok, Mr.
Kenneth Scarrat.
Part of the credit for the resurgence of conch pearls
should undoubtedly go to the foremost authority on conch pearls in the
world today, Susan Hendrickson, who built up the largest and most
valuable collection of conch pearls in the world, during her diving
expeditions in the Caribbean, while based in countries like the
Dominican Republic, Bahamas, Cuba and Honduras, all of which had
thriving queen conch fisheries. Susan Hendrickson has gone into
partnership, with the renowned Geneva-based jewelry maker Georges Ruiz,
to popularize conch pearls, by designing conch pearl jewelry, which they
believe would be the most popular pearl of the future.
Some contemporary and
antique pieces of conch pearl jewelry
The Queen Mary Conch Pearl Brooch is a prominent
piece of conch pearl jewelry belonging to the Edwardian period, from
1901 to 1915. All aspects of this brooch, including its history,
characteristics etc. are treated extensively in a separate webpage
devoted entirely to the brooch. Please click here to enter this page -
Queen Mary Conch Pearl Brooch.
Some other stunning pieces of jewelry, both
contemporary and antique, incorporating conch pearls, will be considered
in this webpage. These pieces appeared at sales of renowned auction
houses, or were special pieces created by renowned producers of fine
jewelry.
1) Conch Pearl and Diamond Ring - Bonhams auction on
Dec. 6, 2009
2) Chopard's $351,000 Diamond Brooch - Launched by
Chopard in February 2008.
3) Pair of Conch Pearl and Diamond Earrings -
Sotheby's auction on July 22, 2008.
4) Diamond and Conch Pearl Bird Brooch - Sotheby's
New York Sale - Sept. 25, 2008
5) Diamond and Conch Pearl Necklace - Sotheby's New
York, Magnificent Jewels Sale, April 17, 2008.
6) Diamond and Conch Pearl Pendant Necklace -
Christie's London Sale, February 27, 2008
1) Conch Pearl and
Diamond Ring
The Conch Pearl and Diamond Ring is listed as Lot No.
2364 in the auction catalogue of the Bonhams & Butterfields annual
holiday auction of natural history, coming up on Sunday December 6,
2009. at Los Angeles. The stunning ring (size 6 1/4) executed in
platinum has as its centerpiece a bezel-set perfectly ovoid pink conch pearl,
weighing approximately 5.97 carats or 23.88 grains. The pearl has a
light pink color, and a spectacular shimmering effect of its flame
structure. The conch pearl is surrounded by round brilliant-cut,
pave-set diamonds, weighing approximately 0.72 carats. A pre-sale
estimate of $5,000 to $7,000 has been placed on the ring. The value of
the conch pearl would constitute at least 50% of the value of the ring.

Conch Pearl and Diamond Ring
2) Chopard's $351,000
Diamond Brooch
Chopard's $351,000 stunning diamond brooch was
unveiled in early February 2008, just in time for the Valentine's Day.
As the name indicates this brooch is mainly a diamond brooch, but the
centerpiece of the brooch designed as a daffodil flower is a pink conch
pearl, which represents the corona of the flower. The daffodil flower
has six floral leaves or segments in its perianth, three outer segments
and three inner segments, made of titanium metal. The floral segments
are adorned with rows of small white diamonds, and the base of these
segments with red spinels. The color contrast of red spinels and white
diamonds on the perianth, and the pink conch pearl as the corona, is
spectacular. The value of the brooch mainly represents the value of the
diamonds and spinels. The contribution made by the conch pearl to the
overall value of the brooch is minimal, even though its contribution to
the overall beauty of the brooch is phenomenal!

The US$351,000 Chopard's Diamond, Spinel and Conch
Pearl Brooch
©Chopard's
This magnificent piece of fine jewelry was created by
Chopard in their best traditions, using handpicked gemstones and by
painstaking hand-craftsmanship. The piece was said to be a perfect blend
of glamour and femininity in a single package, to be cherished by women
with discerning tastes.
3) Pair of Conch
Pearl and Diamond Earrings
The Pair of Conch Pearl and Diamond Earrings was
listed as Lot No. 422 in the auction catalogue of Sotheby's London Sale
LO8051, Important Jewels Antique and Contemporary, held on Tuesday, July 22,
2008. The conch pearls used on the pair of pendant earrings are
perfectly matched for color, size, shape and luster. The color of the
conch pearls is a deep-pink, one of the most sought after colors for
such pearls. The shape of the pearls are oval or drop-shaped, and the
size is almost identical. The beauty of the pearls are enhanced by their
shimmering flame structure, which surpasses the iridescence of some
nacreous pearls. The ear stud from which the pearl drops are suspended
is made of platinum, and consists of hook fittings and a floret of four
lobes mounted with round, single-cut diamonds, pointing to its antique
provenance, probably originating during the Belle Epoque period
(Edwardian period) from 1901 to 1915, a period when conch pearls were at
the height of their popularity.

Pair of Conch Pearl and Diamond Earrings
©Sotheby's
The pre-sale estimate placed on this stunning pair of
conch pearl and diamond pendant earrings was between
£10,000 to £15,000
(GBP). However, at the time of the auction the item exceeded the
pre-sale estimate realizing £20,000 with the
buyers premium.
4) Diamond and Conch
Pearl Bird Brooch
The Diamond and Conch Pearl Bird Brooch was listed as
Lot No. 371 in Sotheby's auction catalogue published in anticipation of
its New York, Important Jewels Sale NO8470, held on Thursday, September 25,
2008. The brooch based on the historic and favorite theme of animal
brooches, is yet unique for its concept and design, two birds guarding a
nest containing three eggs. The brooch is designed in yellow and white
gold. The "eggs" inside the nest are represented by three perfectly
spherical conch pearls, of three different colors, white, peach and
rose, the only place in the brooch where conch pearls have been used.
The feathers of the birds are pave-set with small round diamonds, whose
total weight is 2.25 carats. The eyes are set with tiny round rubies,
and a third ruby is placed outside the nest at its base.
The nest, the branch or twig on which the nest rests, the feet, the beak
and eyes of the birds are made of yellow gold. Except for the eggs,
represented by conch pearls of three different colors, overall the bird
brooch looks stunningly natural.

Diamond and Conch Pearl Bird Brooch
©Sotheby's
The pre-sale estimate placed on the brooch was $5,000
- $7,000. However, the price realized at the auction was $15,000, which
was more than double, the upper estimate.
5) Diamond and Conch
Pearl Necklace
The Diamond and Conch Pearl Necklace, was listed as
Lot No. 196 in the auction catalogue of Sotheby's New York Sale NO8430, titled Magnificent Jewels, held on
Thursday, April 17, 2008. The design of
the necklace, 16 inches long and executed in gold and platinum, is a
meandering vine, with a central pendant-like portion, from which arises
the two arms of the necklace. Three-leaf clovers and buds arise from
either side of the vine. The three-leaf clovers are set with old
European-cut diamonds, whose total weight is approximately 11.30 carats.
The old cut of the diamonds provides evidence for the antique nature of
the piece. The buds arising from either side of the vine, are made up of
conch pearls. These pearls have various shapes and sizes. The shapes are
round, near-round, oval, drop-shaped and elongated drop shapes. The size
of the pearls vary from small to medium-size. Two of the largest
pearls, oval or drop-shaped with a medium-pink color, are placed
one at the end of the
pendant-like portion, and the other at the point where the vine bifurcates into
the two main arms of the necklace. All the colors in which conch pearls
normally exist in nature, seem to be represented in the necklace. These
colors are white, pale-pink, medium-pink, deep-pink, yellow or peach,
brown and golden.

Meandering Wine Diamond and Conch Pearl Necklace
©Sotheby's
A pre-sale estimate of $60,000 to $80,000 was placed
on the necklace, but it was withdrawn from the sale as it did not meet
its reserve.
6) Diamond and Conch
Pearl Pendant Necklace
The Diamond and Conch Pearl Pendant Necklace was
listed as Lot No. 5 in the Christie's auction catalogue, for Jewelry
Sale No. 5376, held in London, on February 27, 2008. The necklace
designed in 1905, is made up of an elaborate pendant suspended by a
trace-link neck chain. The design of the pendant is like a wreath,
surmounted by bow and set with old-cut diamonds. Four deep-pink
conch pearls are suspended as drops from the pendant. The largest conch
pearl drop is the centerpiece of the pendant and is suspended inside the
wreath, by a bell cap arrangement mounted with old-cut diamonds. The
three smaller conch pearl drops are suspended from under the diamond
wreath, one at the center, and the other two on either side. A single
spherical conch pearl is placed at the center of the bow surmount, from
which the large conch pearl drop is suspended. The necklace is an
antique piece designed in 1905, but the conch pearls are believed to
have been added later.

Diamond and Conch Pearl Pendant Necklace
©Christie's
The pre-sale estimate for the diamond and conch pearl
pendant necklace, was placed at £3,000 to
3,500. However the actual price realized at the auction was
£3,750, which was slightly higher than the
upper estimate.
You are welcome to discuss this
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world in our
FORUMS (forums.internetstones.com)
Related :-
1) Queen Mary Conch Pearl Brooch
2)
Susan Hendrickson's Conch Pearls
References :-
1) Bonhams Sale 17535 - Natural History, 6 Dec 2009.
Lot No. 2364 Conch Pearl and Diamond Ring
2) Chopard does it again with diamond brooch - Haute
Living. www.hauteliving.com
3) Chopard Diamond Brooch for Your Sweetheart - www.luxist.com
4) Chopard Watches History - www.watch-clone.com
5) Sotheby's auction catalogues - Sale NO8430,
NO8470, LO8051
6) Christie's auction catalogue - Sale No. 5376