Black pearls/Tahitian cultured pearls
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You will find many shops downtown Papeete specialised in selling black pearls. Look around, take your time and ask for prices and potential discounts. Prices may vary a lot from one place to another for similar quality pearls.
Avoid buying pearls from the people installed with a chair and table just outside the Papeete traditional market (either fake plastic pearls – you can see as they are all alike, or poor quality pearls not allowed for sale). The pearls sold inside the market vary in quality but are OK to buy.