Friday, August 18, 2017

Pearls to be sold

A government pearl auction will be held from September 23 to 25 at the Jewellery Museum in Nay Pyi Taw, the first time the new capital has hosted such an event.

U Sein Lwin, the general manager of the state-run Myanmar Pearl Enterprise, said the auction will feature 350 pearl lots. “The lots will be sold through tender and auction systems,” he said. “We will have many high-quality pearls this year so we can satisfy our buyers.”

“Also, for the convenience of buyers the invitation letters will include general information and contact numbers for hotels in Nay Pyi Daw and Pyinmana. The museum and hotel zone are in the same area so buyers will be able to find the auction easily.”

Buyers who want to attend the auction can apply at Myanmar Pearl Enterprise’s offices in Yangon (at the Myanma Gems Museum on Kaba Aye Pagoda Road) and Nay Pyi Daw.

Pearl auctions are normally held three times a year in May, September and December. At the most recent auction, held from May 22 to 29 in Yangon, 350 of 380 lots were sold.

– Nilar Win