Value,
except in things which are constant and constantly changing hands, is a
matter of opinion. Price is the expression of that opinion in money
terms. Except in a few staple sizes and qualities, pearls are affected
by so many details which determine their value that it is difficult to
formulate rules to correspond and establish a base by which all may be
judged.
Shape,
size, color, luster, and perfection, afford a multiplicity of
combinations sufficient to puzzle the judgment of the most expert, and
when to this is added the fact that there is no other one like the
piece to be valued so as to gauge opinion, there remains but one
finality, the agreement between buyer and seller on a price.
Disregarding
the fluctuations of price occasioned by temporary influences and the
variations arising from local causes, this chapter is intended to give
information of the price of
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