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Dubai Pearl Exchange to Tender Rare Pearls

DUBAI — Some of the world’s rarest and most sought after natural and cultured pearls will be offered in a private tender of the Dubai Pearl Exchange as leading producers Paspaley Pearling Co., Robert Wan, Jewelmer and Cogent Trading gather for a world first showcase of gem quality pearls in Dubai.

The invitation-only event is set to take place from February 12-16, just prior to the inaugural World Pearl Forum in Dubai.

Top pearl buyers from the international trade, leading jewellery design brands and members of the Dubai Pearl Exchange will present closed bids for up to 80 lots of important single pieces and gem quality matched sets as well as strands of significant rarity. Never before has such a collection of pearls been offered for sale.

Pearl producers have keenly embraced the first ever private tender by the Dubai Pearl Exchange, a subsidiary of the DMCC, due to the distribution and sales opportunities that such an event can create.

“This pearl tender will enable us to showcase our very finest pieces to a truly international audience gathering here in Dubai in February,” said Nicholas Paspaley, Chairman, Paspaley Pearling Co from Australia. Several millions of dollars in pearls will be offered for sale at Dubai’s first-ever pearl trade tender.