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Listed here are the seven grading factors for valuing pearls.
Lustre - perhaps the most significant factor relates to both to a pearl's brilliance - the way its surface reflects light - and its inner glow; the way it refracts light.
Surface Quality - this is considered the second most important factor in evaluating a pearl’s value. It refers to the amount and types of flaws that appear on the outside surface of a pearl. Surface quality is generally evaluated in terms of ‘clean’ to ‘heavily blemished’, with grades of blemishing in between.
Shape - pearls are graded into eight shape categories: round, drop, button, oval, semi-round, circle or ringed, baroque and semi-baroque. Generally, the rounder the pearl, the more valuable it is, but perfectly round pearls are very rare. Baroque pearls are often less expensive but they can be just as lustrous and appealing as the round.
Colour - saltwater cultured pearls display all colours from white to black and everything in between. South Sea pearls often refer to high grade white pearls while Tahitian pearls are grey to black. Freshwater pearls are white and dyed into a myriad of colours.
Nacre Thickness - if the nucleus is visible under the nacre, or if the pearl has a dull appearance, you can assume that the nacre is thin. This affects the lustre as well as the durability of the pearl.
Size - generally speaking, the larger the pearl, the more valuable it is. Different varieties come in different sizes with South Sea cultured pearls being the largest.
It's important to remember that as they are an organic material, no pearl will be totally flawless and perfect. A pearl’s imperfections, because they are natural, do not necessarily detract from it’s beauty or value.
Pearls have a long history that goes back to their first recorded mention by a Chinese scholar in 2206 BC. Throughout time, humans have long been drawn to the luminosity and lustre of natural pearls, as has been recorded across many religions and cultures. The first discovery was most likely by people looking for food, who upon opening a mollusc, found a pearl.
Natural pearls are indeed a rare and beautiful thing. One of the oldest fragments of pearl jewellery dates back to 420 BC and was found in the sarcophagus of a Persian princess, now displayed at the Louvre in Paris. Worn as symbols of status by the elite, they were popular with the ancient Egyptians, Chinese, Arabs and Romans, with Julius Caesar passing a law in the 1st century BC prohibiting the wearing of pearls to anyone outside of the ruling classes.
During the Middle Ages, knights often wore pearls during battle in the belief that they would protect them. In the 15th and 16th centuries, new pearl discoveries in Central and South America led to a golden age in pearl trading. The demand for pearl jewellery by Western European nobility remained high until the 19th century, when an unsustainable greed for American pearls led to the depletion of pearl oyster supplies.
As a result, today natural pearls are amongst the rarest of precious materials on earth. Only the occasional quality natural pearl is found and these fetch incredibly high prices. Until the start of the 20th century, pearl diving was very dangerous with high fatalities due to the dangerous conditions for divers, who often reached depths of 30 metres and would only find 3-4 quality natural pearls in every tonne retrieved. In 1893, the Japanese development of the first cultured pearl by Kokichi Mikimoto radically transformed the industry. As a result, cultured and farmed pearls are now produced in many diverse colours and grades, making them widely accessible for the first time. Since the mid 20th century, thriving cultured pearl industries are found not just in Japan but also Australia, French Polynesia and other countries.
Pearls need to be kept in a soft and dry environment as they are porous and vulnerable to acids and abrasive materials. Clean them by wiping with a soft clean cloth. Avoid water and any chemical contact and always apply perfume and hairspray before wearing your pearls. If strung on pearling thread, be sure to have your pearls rethreaded if the piece starts to show signs of wear and tear.
Bespoke
Such an amazing experience. My bespoke ring is stunning. It is constantly admired and I have people comment on it weekly asking where I had it made. Thank you again Melanie for my beautiful ring ( and my other gorgeous jewellery as well).Fiona
Engagement
I’ve been fortunate to have followed Mel’s work for almost 20 years— and have appreciated the immense effort she has put into her own work, not to mention curating a wonderful group of artists through Po8.Over the years I’ve been able to purchase her work— and it was a no brainer to get my engagement and wedding bands made by her. Her staff are incredibly helpful and kind- and I always make an effort to swing by and see what is in store.Shawn
Sapphire
My partner proposed to me with a Melanie Katsilidis Australian blue sapphire diamond ring. We are absolutely floored by its beauty. The architectural design, the jewels, the cut, it’s just out of this world! Thank you so much to Melanie and her team for all the thought, care and class with which you created our forever treasure!Natalie
Pearls
Pieces of Eight is my go-to for timeless, wearable luxury. The curation is always on point and all the artists in this gallery are incredibly talented. However, Melanie Katsalidis' pieces are my absolute favourite—sculptural, stunning, and unique. I always get compliments when I wear her creations. I own several and wear them constantly. They're effortlessly special, every day. I am obsessed with this place!LTP
Excellent customer service. The staff were helpful from the moment I walked in, through to selecting, purchasing, and resizing a ring. When illness meant I couldn't come in to the boutique, they gladly reorganised. The ring itself is an absolute banger, for what it's worth -- my fiancée and I couldn't be happier! Highly recommended. David
The whole experience has been an unalloyed pleasure: a range of pieces that I enjoy choosing from, staff who are helpful, friendly, knowledgeable and helped make the whole process enjoyable. They handled the online enquiry as efficiently as they do in person. Anne
Pieces of Eight is an Aladdin’s Cave of treasures, show casing some of the most original and creative jewellery and objects to be found in Melbourne, let alone around the world. Over the years I have bought many different items from them and all, without fail, receive positive comments from family, friends and strangers when they see them. Dean
Always a wonderful experience working with the fabulous team at Pieces of Eight! First time working with them on a custom piece, by artist Belinda Esperson. A family member loved the style a brooch though found it a little large so she created a smaller version that was just perfect. Leonie










