The seventh pearl auction organized by the Economic Interest Group (GIE) Poe o Rikitea concluded triumphantly on Tuesday, shattering all previous records since the event’s inception in 2011.
Record-Breaking Results
💰 Total Sales: Nearly 330 million CFP francs
📈 Success Rate: 83% of lots sold (255,250 pearls) – the highest in auction history
⬆️ Price Premium: Final revenues reached 325.4 million FCFP, exceeding reserve prices by 6%
Buyer Breakdown
🌴 Local Dominance: Polynesian buyers led with 34.84% of purchases
🏙 Hong Kong Close Second: 34.48% market share
🗾 Japanese Demand: Accounted for 25.29% of sales
Participant Profile
👥 47 registered buyers (38 completed purchases)
🔹 Majority representing small pearl farms, showcasing sector diversity
“These results confirm the growing global appetite for Tahitian pearls,” stated auction organizers. The next edition is already scheduled for November 10-12, with equally promising expectations.
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