
Elizabeth Taylor wearing 'La Peregrina'
The “La Peregrina” pearl is one of the most famous pearls in the world with a recorded history of nearly 500 years. It is a large pear-shaped white nacreous pearl whose original weight was 223.8 grains (55.95 carats). In 1913 after the pearl was drilled, cleaned, and polished, it had a weight of 203.84 grains. The drilling was necessitated in order to secure it firmly to its setting, as the pearl was nearly lost on three different occasions after it had fallen off from its setting.
The pearl was found by an African slave on the coast of the isle of Santa Margarita in the Gulf of Panama in the mid-16th century. Some stories claim that the pearl was found in 1513, but at that time there were no African slaves on the islands. The pearl was given to Don Pedro de Temez, the administrator of the Spanish colony in Panama. The slave who found it was rewarded with freedom.