We've had this bracelet appraised by an independent gemologist, who valued it at $450. However, we buy our freshwaters directly from the pearl farms, which is how we are able to pass on this spectacular price to our customers. Please understand that original appraisals from certified appraisers cost between $120 to $150 each in nationwide market. Thus we are not able to send the original appraisals along the order. We'll send you the copy of the appraisal which is for reference purposes only. We want you to love shopping at Augustina Jewelry, and we're sure you will.