CHRISTIE'S TO SELL WORLD'S LARGEST PEARL

AUCTION HOUSE CHRISTIE'S WILL PUT ONE OF THE WORLD'S LARGEST PEARLS ON THE BLOCK AT ITS DUBAI SPRING JEWELRY SALE ON 19.APRIL IN A NOSTALGIC REMINDER OF THE EMIRATE'S PEARL DIVING PAST. THE AUCTION HOUSE IS SHOWCASING AN ARRAY OF PEARLS, DIAMONDS, FINE GEMS AND GOLD JEWELRY AHEAD OF THE SALE. PEARLS ARE ESPECIALLY UNIQUE TO DUBAI, AS PEARL HUNTING WAS A MAJOR SOURCE OF INCOME A CENTURY AGO IN THE PORT CITY. CHRISTIE'S, WHO HAVE BEEN HOLDING REGULAR AUCTIONS IN THE MIDDLE EAST SINCE 2006, SAW REGIONAL SALES REACH $51 MILLION LAST YEAR, UP FROM RECESSION LOWS OF $18-20 MILLION IN 2009. THE STUNNING PEARL IS DROP-SHAPED IN A SILVER AND GRAY SHADE AT ALMOST 60 CARATS. ONE OF TEH LARGEST NATURAL SALTWATER PEARLS RECORDED TO DATE, IT IS MOUNTED AS A PENDENT ON A DIAMOND-STUDDED CHAIN NECKLACE. CHRISTIE'S HAS ESTIMATED IT AT UP TO $250,000. 'THIS PART OF THE WORLD LIKES THINGS THAT ARE UNIQUE AND RARE', SAID DAVID WARREN, HEAD OF CHRISTIE'S MIDDLE EAST JEWELRY DEPARTMENT. CLOSE TO ONE HUNDRED JEWELRY LOTS, ESTIMATED AT A TOTAL $5-$6.5 MILLION, WILL BE AVAILABLE AT THE AUCTION NEXT MONTH. ITEMS RANGE FROM AN ELEPHANT-SHAPED GEM RING WORTH $4,000-$6,000 TO A DIAMOND FLOWER NECKLACE WHICH CONVERTS INTO A TIARA WITH MATCHING EARRINGS WORTH $450,000-$550,000.