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Running head: THE PEARL INDUSTRY 1The Pearl IndustryStudent’s NameInstitution Affiliation
THE PEARL INDUSTRY2The Pearl IndustryThe pearl is the only known gem made by a living animal, and they are unique, for they have been used in making of rare jewelry in both ancient and current times. The pearl does not require polishing or cutting, and the pearl business is not as fraudulent as that of the diamond. Perhaps the long history of the coveted pearl jewelry has been responsible for the rise of an exciting trend in the business. For instance, during the 20th century, Gabrielle Coco Chanel worepearl strands that were a combination of natural and plastic pearls (Liu et al., 2018). Although thepearl string trend became popular, it wasn’t long before the appeal faded, hence relating pearls with old fashion and lack of style.However, drawing to the end of the decade, both natural and cultured pearl re-claimed their position as some of the most prestigious types of jewelry. The trend of the cultured pearls received a considerable boost by the La Regente Pearl, which was sold for 2.5 million dollars in