Well... On estimated income.
There's potentially two sources of the highish perl prices we have now.
One is lack of supply due to the oyster blight in japan in end of 2019 plus chinese pearl manufacturers not being able to send technicians due to covid lockdowns. Pearls take south sea pearls take about 4y to grow (compared to cheaper freshwater pearls for instance).
The other is bigger demand due to perls becoming fashionable in tiktok and other platforms and huge chinese demand.
Let's hope both factors continue.
Ann: Update - Kobe Auction June 2024, page-29
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