Jewellery Focus JFOC August 2017 | Page 46

PEARL CORNER POWER TO THE SOUTH SEA PEARL Pearl Corner: Power to the South Sea Pearl What three things do South Sea Pearls have in common with Aston Martin? By LOUISE TIPPEY Location of the South Sea Pearl South Sea pearl farms are mainly found in North Western Australia, Indonesia and the Philippines. 46 JEWELLERY FOCUS The pearl farms operating in waters off northern Australia are world renowned for their white South Sea pearls. Australia It wouldn’t do to write about South Sea pearls without mentioning the infamous Paspaley family. Founded in 1935, their roots were in natural pearling and progressed into culturing pearls in the 1950s with a Japanese family. They were devoted to develop unique techniques focusing on producing high quality pearls. Today Paspaley are a world leader (and the largest pearling company in Australia) with their research and development of the Pinctada maxima oyster. Furthermore their commitment to sustainable aquaculture practises is formidable. As far as the global pearl production goes, those derived from the Australian South Seas account for a mere 0.05% of the pearls harvested, but upwards of 35% of the value across the world (National Geographic, April 2016). Less than 1% of pearls produced in Australia are golden pearls and these are so rare that they can command prices in the region of $75,000 (Willie Creek Pearls, Broome, Australia 2017). The world’s biggest producers of golden pearls are from farms in the Philippines and Indonesia (Indonesia being the world’s largest producer); where warmer water temperatures seem to increase the chances of producing the rare pearl. The pearl farms are concentrated in the eastern areas of Indonesia including Bali, Lombok and Papua. Atlas Pearls, a global eco pearl farmer, have five pearl farms spread across the Indonesian archipelago and they produce some of the world’s best silver and white South Sea pearls. The Indonesian cultured pearl industry is highly beneficial to the economic welfare of the country’s remote and often impoverished coastal communities. In the Philippines most pearl farming is located on the islan