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Old 07-19-2004, 09:31 AM
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jshepherd jshepherd is offline
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For the time being I would suggest just buying the pearls you need. If you over stock now you will probably be stuck with over-priced dead inventory over the next year. I have actually been up-selling our 6.5-7mm inventory for the past 6 months. The 6.5mm pearls have been overpriced for quite some time and it has been very difficult to sell them with any profit margin.
I would definitely not get stuck in the trap of buying the early pearls, though. These pearls will be coming out around Christmas time. You will probably not see them in the September show to any large degree, but they will definitely hit Hongqiao in Beijing and Pearl Village in Shanghai by the end of this year. They will be available for around $50 per strand wholesale I believe, but I am willing to bet the average nacre will hold around .2. 2-3 months in the safe and these strands will then be worthless.

I do think, however, it would not be a bad idea to pick up high-quality 6.5-7’s after Christmas. These will definitely go up in price over the next year.
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