Cultured Pearl and Leather Cord Lariat Necklace

This item is a contemporary lariat-style necklace featuring two large white cultured pearls mounted on a dark brown leather cord. The pearls appear to be freshwater or South Sea variety, displaying a round to near-round shape with a soft, white luster and some visible surface irregularities characteristic of natural growth. The leather cord is approximately 1.5mm to 2mm in diameter, exhibiting a matte finish and a deep chocolate brown hue. The construction involves the cord being threaded through the center-drilled pearls, which are secured at the ends with what appears to be adhesive or internal knotting. A notable structural feature is the sliding loop mechanism created by a series of tight cord wraps, allowing the length of the necklace to be adjusted by the wearer. The piece displays a rustic yet elegant aesthetic, typical of high-end bohemian or coastal jewelry styles from the late 20th to early 21st century. Condition appears good, with the leather showing minor suppleness and no significant fraying, while the pearls retain their pearlescent coating with only minor surface pitting visible upon close inspection. No visible maker's marks or metal fineness stamps are present, suggesting a handcrafted or boutique origin.

I have virtually examined this contemporary lariat-style necklace featuring two white cultured pearls on a leather cord. The pearls, measuring approximately 10-11mm, exhibit a medium luster and visible surface pitting, suggesting they are likely freshwater or lower-grade South Sea pearls. The leather cord and sliding wrap mechanism appear structurally sound, consistent with a high-end boutique or artisanal handcrafted origin rather than a major luxury fashion house, given the absence of maker's marks or precious metal hardware. The current market for 'coastal bohemian' jewelry remains steady, with demand driven more by aesthetic appeal than material scrap value. Comparable items from retailers like Chan Luu or independent designers on platforms like 1stDibs typically fetch between $125 and $300 depending on pearl quality. The lack of branding and the use of adhesive for pearl mounting slightly limit the secondary market value compared to signed designer pieces. Critically, this appraisal is based on visual examination of digital images. I cannot definitively verify the nacre thickness, pearl origin (Freshwater vs. Saltwater), or the integrity of the internal cord knots without physical handling. A full authentication would require an in-person inspection to determine if the pearls are genuine or shell-based imitations, as well as a microscopic review of the leather's condition to rule out dry rot. Provenance documentation or a receipt from a known boutique would significantly strengthen the valuation.