Instructions
Look first at the pearl's luster, which is a result of a healthy growing cycle in optimum conditions. This can range from a mirror-like brilliance in high-value pearls, to a milky radiance for mid-level pearls and a dull chalky surface for pearls valued at the low end of the market.
Examine the pearl's shape. The most desirable pearls are perfectly round. The least desirable have what is known as a "baroque" shape -- this simply means that they have irregular bumps. In between are various semi-baroque shapes, such as the tear-drop.
Measure the pearl's size. This can be a very important factor in its value, with examples in the 16- to 18-mm range being worth far more than their 8- to 10-mm counterparts.