Value
Gemologist Michael Steenrod in Colorado Springs has appraised the pearl at $60 million (1982) and $93 million (2007). Another 1982 appraisal, by Lee Sparrow of the San Francisco Gem Lab, put the pearl at $42 million.
The Palawan Princess, considered the second largest pearl, was offered at auction by Bonhams and Butterfields of Los Angeles on December 6, 2009. Though the five pound pearl was estimated to bring $300,000 to $400,000, it was not sold.
Read more about this topic: Pearl Of Lao Tzu
Famous quotes containing the word value:
“And those handmade presents that children often bring home from school: They have so much value! The value is that the child put whatever he or she could into making them. The way we parents respond to the giving of such gifts is very important. To the child the gift is really self, and they want so much for their selves to be acceptable, to be loved.”
—Fred Rogers (20th century)