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Pearl Jewelry - The Story of Pearl Hunters

As long as pearl jewelry have been known to people, they have been a highly sought commodity for their beauty. It's only in recent times however that the industry has taken the hunt for the perfect pearl to a whole different level. Today, the shiny orbs that we see on in display in jewelry stores have actually almost always been grown in farms.

That's a far cry from the dangerous extraction and collection methods used before the invention of modern technology. In the past, not more than 100 years ago, the only way to retrieve pearls was by diving in lakes, floods and the ocean to pick them up, one at the time. The unfortunate divers who'se job it was to do this, were often poor and lured by the relative large sums they could get. The diver would sometimes have to dive as deep as 100 feet on one single breath of air. In order to preserve air and to stay submerged the longest, the divers would hold on to heavy stones on the way down.

Naturally, this dangerous activity was reserved for the desperate or the powerless - in many cases slaves or extremely poor peasents. Today, this method is all but obsolete in most places of the world. The cheaper cultured pearls have become popular and are many times the only pearls available to the consumer.

There are however still a few isolated areas that practice this old art of pearl diving. Some of the finest natural pearl speciments come from the gulf of Bahrain. Here, divers still risk their health to retrieve what are considered the top of the crop in the world. In fact, Bahrain wants no part of the sale of cultured pearls, banned from trade. Bahrain is one of the few places on earth that does an active job in trying to preserve the natural habitat and waters from pollution.

It's an interesting story and one that continues to fascinate buyers around the world. Somehow, the beauty of the pearl grows when it's been retrieved from the depth of the ocean.
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Buying Pearl Jewelry Without Being Ripped Off

Buying pearl jewelry can be fun, exciting and confusing. Whether you're considering a gift of pearl jewelry for someone special or as a treat for yourself, take some time to learn the terms used in the industry. Here's some information to help you get the best quality pearl jewelry for your money, whether you're shopping in a traditional brick and mortar store or online.

Pearls

Natural or real pearls are made by oysters and other mollusks. Cultured pearls also are grown by mollusks, but with human intervention; that is, an irritant introduced into the shells causes a pearl to grow. Imitation pearls are man-made with glass, plastic, or organic materials.

Because natural pearls are very rare, most pearls used in jewelry are either cultured or imitation pearls. Cultured pearls, because they are made by oysters or mollusks, usually are more expensive than imitation pears. A cultured pearl's value is largely based on its size, usually stated in millimeters, and the quality of its nacre coating, which give it luster. Jewelers should tell your if the pearls are cultured or imitation. Some black, bronze, gold, purple, blue and orange pearls, whether natural or cultured, occur that way in nature; some, however, are dyed through various processes. Jewelers should tell you whether the colored pearls are naturally colored, dyed or irradiated.

Clams, oysters, mussels and many other mollusks with limy shells are known to produce pearls. But very few kinds yield gem pearls of jeweler's quality. The pearl is an abnormal growth of mother-of-pearl, or nacre, imbedded in the soft bodies of these shellfish. It is built up, layer upon layer, in the same way as nacre is added to the lining of the growing shell and always has the same color and luster. For example, over the country, hundreds of good-sized pearls are found each year in the oysters we eat. Unfortunately these have no commercial value regardless of whether they have been cooked or not because they are dull opaque white or purple like the shell of the parent oyster. In recent times almost all pearls of gem quality come from the oriental pearl oyster which has a bright shimmering translucent nacre.

A pearl starts growing when some irritating foreign substance such as a sand grain, bit of mud, parasite or other object becomes lodged in the shell-producing gland called the mantle. Pearls formed in the soft flesh where nacre can be added on all sides are most likely to be spherical and the most highly prized. By far the great majority are flattened or variously distorted and have little value. Size, color, luster and freedom from flaws are other essential qualities. Unlike other gems, such as diamonds, pearls have an average life of only about 50 years. In time the small amount of water in a pearl's make-up is lost and its surface cracks. Because they are mostly lime, necklaces which are worn often are injured by the acid secretions of the human skin.
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Buying Pearl Jewelry Without Being Ripped Off

Buying pearl jewelry can be fun, exciting and confusing. Whether you're considering a gift of pearl jewelry for someone special or as a treat for yourself, take some time to learn the terms used in the industry. Here's some information to help you get the best quality pearl jewelry for your money, whether you're shopping in a traditional brick and mortar store or online.

Pearls

Natural or real pearls are made by oysters and other mollusks. Cultured pearls also are grown by mollusks, but with human intervention; that is, an irritant introduced into the shells causes a pearl to grow. Imitation pearls are man-made with glass, plastic, or organic materials.

Because natural pearls are very rare, most pearls used in jewelry are either cultured or imitation pearls. Cultured pearls, because they are made by oysters or mollusks, usually are more expensive than imitation pears. A cultured pearl's value is largely based on its size, usually stated in millimeters, and the quality of its nacre coating, which give it luster. Jewelers should tell your if the pearls are cultured or imitation. Some black, bronze, gold, purple, blue and orange pearls, whether natural or cultured, occur that way in nature; some, however, are dyed through various processes. Jewelers should tell you whether the colored pearls are naturally colored, dyed or irradiated.

Clams, oysters, mussels and many other mollusks with limy shells are known to produce pearls. But very few kinds yield gem pearls of jeweler's quality. The pearl is an abnormal growth of mother-of-pearl, or nacre, imbedded in the soft bodies of these shellfish. It is built up, layer upon layer, in the same way as nacre is added to the lining of the growing shell and always has the same color and luster. For example, over the country, hundreds of good-sized pearls are found each year in the oysters we eat. Unfortunately these have no commercial value regardless of whether they have been cooked or not because they are dull opaque white or purple like the shell of the parent oyster. In recent times almost all pearls of gem quality come from the oriental pearl oyster which has a bright shimmering translucent nacre.

A pearl starts growing when some irritating foreign substance such as a sand grain, bit of mud, parasite or other object becomes lodged in the shell-producing gland called the mantle. Pearls formed in the soft flesh where nacre can be added on all sides are most likely to be spherical and the most highly prized. By far the great majority are flattened or variously distorted and have little value. Size, color, luster and freedom from flaws are other essential qualities. Unlike other gems, such as diamonds, pearls have an average life of only about 50 years. In time the small amount of water in a pearl's make-up is lost and its surface cracks. Because they are mostly lime, necklaces which are worn often are injured by the acid secretions of the human skin.
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I often go on dates

 STUDENT Kacy Woo, 18, has gone on several dates initiated on Instant Messaging (IM) programs, and dumped several boyfriends through such online chat programs too.

'I often go on dates initiated on IM programs pearl jewelry wholesale and I think it's fine,'' she said. 'It's the person proposing the date that matters.''

She also admitted to initiating break-ups on IM, 'even though it's irresponsible, as it is easier to be hard-hearted when you're facing button pearl a screen'', adding: 'And it's pretty common nowadays.'

She is among about a third of more than 700 Singaporeans polled who find it acceptable to break up over IM.

The survey, which found that Singaporeans use IM widely for both romance and work, was carried out online for two months, starting from August, by computer giant Microsoft, the creator of the IM program Windows Live Messenger.

Close to one in five surveyed uses IM to freshwater pearl jewelry talk to partners or spouses. -- MY PAPER
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INVESTORS in DBS High Notes

INVESTORS in DBS High Notes 5 finally got the news they have been dreading for weeks: Their investments are officially worthless.

DBS said on its website yesterday that the freshwater pearl strand redemption value of the notes has been calculated to be zero, so nothing will be paid out. Letters are going out to investors notifying them of the valuation.

About 10,000 retail investors bought more than $500 million worth of structured products linked to now-bankrupt Lehman Brothers, with wholesale pearl jewelry about 1,400 of them pumping $103 million into DBS High Notes 5.

Some investors of this product received late-night phone calls on Sept 16 from DBS relationship managers warning them that their entire stake may be wiped out.

High Notes 5 was offered to better-off wholesale pearl jewelry DBS customers last year with a promised annual return of about 5 per cent.
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An investor who did not

 Some investors of this product received late-night phone calls on Sept 16 from DBS relationship managers warning them that their entire stake may be wiped out.

High Notes 5 was offered to better-off DBS freshwater pearl beads customers last year with a promised annual return of about 5 per cent.

An investor who did not want to be named said yesterday's zero calculation was inevitable.

'Guess that was the message the bank had prepared us for, so now we'll just have to wait for the forum on Thursday,' said the 52-year-old man who invested $50,000 in the product and will be attending a dialogue with bank officials tomorrow.

A DBS spokesman told The Straits pearl jewelry wholesale Times: 'Unfortunately the worst-case scenario has materialised and the majority of High Notes 5 investors will not be receiving anything back.'

When the bank distributed the structured notes last year, the likelihood of Lehman filing for bankruptcy was extremely remote, she said.

But she added that in cases where DBS' freshwater pearl jewlelry standards were not met when the notes were sold, the bank will take responsibility and 'investors will be compensated accordingly'.
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The bank has estimated

 The bank has estimated that it will pay compensation of about $70 million to $80 million in Singapore and Hong Kong, where it sold a similar Constellation Series of notes.

In Hong Kong, there are 3,300 investors potato pearl who invested about $257 million in the notes.

The payout will go to people such as retirees who the bank feels were mis-sold the risky product.

On DBS' part, it does not profit from the unwinding of these notes.

While yesterday's zero valuation was pearl necklace expected, questions have been raised over how the figure was arrived at.

Lawyer Siraj Omar, from Premier Law LLC, combed through the High Notes 5 pricing statement and told The Straits Times that it contains four wholesale pearl jewelry different formulas for calculating what is called the credit event redemption amount.
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entities linked

 A credit event is triggered when one of the entities linked to the notes defaults.

Two formulas are absolute calculations cultured pearl jewlery while the other two are percentage calculations.

'DBS has now given its calculation of the credit event redemption amount based on just one of the four formulas. The question is whether there is any justification for selecting this particular formula over the other three,' said Mr Siraj.

'If there is no justification based on the terms and conditions, the question arises whether the notes should be considered void from their inception.'

A DBS spokesman said that three of the wholesale pearl jewelry various formulas are 'consistent with each other and mathematically the same' while one has a 'typo error'.

Lawyer Raymond Lye, from Pacific Law Corporation, said the credit event redemption amount 'appears to be described in several freshwater pearl different ways'. But he cautioned that bank contracts usually contain clauses that protect the bank in the event of ambiguity.
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