pearl paradise
Making the Beauty of Fine Pearls Available and Affordable for Everyone

  Sign-in   |   Register
Pearl Jewelry Styles Pearl Types Pearl Colors Pearls By Price Pearl Collections Pearl Education
  Newsweek
 
 


Sars Special

 
 


By Jeniffer Barrett
Newsweek Magazine
June 2003

 

Pearls are always a perfect gift-especially for a woman whose birthday is in June (Its her birth-stone). But before you buy, take note. When the SARS epidemic swept China - producer of the vast majority of freshwater pearls - it not only stopped pearl buyers from visiting China, it also kept Chinese wholesalers and retailers from attending tradeshows where they sell their pearls to Western buyers.The result? U.S. pearl stocks could drop 30 percent as early as mid-summer-driving prices up 15 to 20 percent, says Devin Macnow, executive director of the Cultured Pearl Information Center. His advise: buy now. Or buy form the handful of wholesalers still traveling to China, like Jeremy Shepherd, owner of PearlParadise.com. He got such bargains, he's reselling pearls at just one tenth their appraised values.



 
Wall Street Journal
...the man who wants to buy
a necklace for his wife, but
knows its $2,500 in a store
but $350 at
PearlParadise.com
No items have been viewed yet!