As a connoisseur in the field of fine jewelry and precious stones, I have had the privilege of studying and appreciating the intricacies and value of various gemstones and their settings. Among all the exquisite pieces, the most expensive pearl necklaces stand out for their rarity, historical significance, and the sheer beauty of the pearls they showcase. Pearls have been a symbol of wealth and status for centuries, and the most expensive ones are often associated with royalty and the elite. The value of a pearl necklace is determined by several factors, including the size, shape, color, and luster of the pearls, as well as the craftsmanship of the setting. **The double-strand 120 light cream and white natural pearl necklace**, which you mentioned, is indeed a remarkable piece. It features a diamond Cartier clasp and is a testament to the elegance and sophistication of natural pearl necklaces. Sold at Christie's in 2012 for an impressive $3.7 million, it is a prime example of how the market values such exquisite pieces. However, when it comes to the title of the most expensive pearl necklace, the La Peregrina pearl necklace takes the crown. This extraordinary piece was custom designed for the legendary actress Elizabeth Taylor by the renowned jewelry house Cartier. The necklace is not only a showcase of Cartier's craftsmanship but also features one of the world's most expensive pearls, known as the La Peregrina pearl. This natural pearl is a marvel in itself, with a rich history that dates back to the 16th century and has been owned by various nobles and royals. The La Peregrina pearl necklace was sold at an auction in 2011 for a staggering $11.8 million, making it the most expensive pearl necklace ever sold. The sale not only reflected the value of the necklace but also the allure and desirability of natural pearls, which are becoming increasingly rare in today's market. The market for natural pearls has seen a significant shift in recent years. With the advent of cultured pearls, natural pearls have become even more valuable due to their scarcity. The process of forming a natural pearl is a rare occurrence in nature, often requiring a foreign object to become lodged within an oyster, which then secretes layers of nacre around the irritant to form a pearl. This process can take several years, and the resulting pearls are often irregular in shape and size, adding to their unique charm and value. In contrast, cultured pearls are created by manually inserting a nucleus into an oyster, which then forms a pearl around it. While cultured pearls are more uniform and affordable, they do not carry the same rarity and historical significance as natural pearls. When evaluating the most expensive pearl necklaces, it is also important to consider the provenance and the story behind the pearls. Necklaces that have been owned by famous individuals or have a significant historical background often command higher prices. The craftsmanship and design of the setting also play a crucial role in determining the value of a pearl necklace. Renowned jewelry houses like Cartier, Van Cleef & Arpels, and Bvlgari are known for their exceptional designs and the use of high-quality materials, which can significantly enhance the value of a piece. In conclusion, the most expensive pearl necklace, as of the last known sale, is the La Peregrina pearl necklace, which sold for an astounding $11.8 million. This necklace, with its historical significance and the rarity of its natural pearl, is a true gem in the world of fine jewelry. As the market for natural pearls continues to evolve, it will be fascinating to see what new records will be set and which necklaces will capture the hearts and wallets of collectors and connoisseurs alike. read more >>

The double-strand 120 light cream and white natural pearl necklace, with a diamond Cartier clasp, fetched $3.7 million at Christie's in 2012. The La Peregrina pearl necklace was custom designed for Elizabeth Taylor by Cartier and features the world's most expensive pearl. It sold for $11.8 million in 2011.Jun 30, 2015read more >>