From the archives: This story was last updated in July 2019.
A fisherman found what might be the largest natural pearl ever discovered while out fishing. He put his extremely rare treasure under his bed for good luck for a decade. Then one day, a fire forced him to move it out of his wooden shack, and the world’s largest pearl was revealed to the world at last.More than 10 years ago, the fisherman stumbled upon a giant clam off the coast of Palawan Island, the Philippines. Inside was a monstrous pearl measuring 2.2 feet (67 cm) long and 1 foot (30 cm) wide and weighing around 75 pounds (approx. 34 kg).
After the fisherman’s wooden shack burned down, he entrusted the gargantuan-sized pearl—his good luck charm—to his aunt, Aileen Cynthia Maggay-Amurao, a tourism department chief in the city of Puerto Princesa on Palawan Island.
With her nephew’s consent, the precious gem was eventually revealed to the public on Aug. 22, 2016. The gigantic pearl is currently on display for public viewing in the atrium of the New Green City Hall in Puerto Princesa, serving as one of the city’s latest tourist attractions.
As most pearls are produced by oysters, and clams rarely create pearls, the precious treasure, which Aileen’s nephew found, is extremely valuable. The fisherman had no idea that the enormous pearl, which he had kept in his wooden shack for 10 years, is worth an estimated $100 million!
The family was astounded when the fisherman showed them the colossal treasure, and they are now awaiting authentication and certification from a gemologist. “So far based on our research in the web we cannot find any recorded article about this kind and as big as this size,” Aileen said.
The Pearl of Lao Tze, said to be coveted by Ferdinand Marcos and Osama bin Laden, weighs 14.2 pounds (6.4 kg) and was valued at US$93 million in 2003 by Colorado Springs-based gemologist Michael “Buzz” Steenrod.
Puerto Princesa city information officer Richard Ligad confirmed the account given by Aileen is true. He added the pearl could change the fisherman’s fortune. “He has not signed any deed of donation (to the city) so it remains his property,” he said.
As for Aileen, a local tourism department chief, her wish was simple. “We will keep this here in the Philippines and I hope it will bring more tourists to the city,” she said.