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Different types of cultured pearls, including black pearls
Black pearls, frequently referred to as Black Tahitian Pearls, are highly valued because of their rarity; the culturing process for them dictates a smaller volume output and can never be mass produced. This is due to bad health and/or non-survival of the process, rejection of the nucleus and their sensitivity to changing climatic and ocean conditions. Before the days of cultured pearls, black pearls were rare and highly valued for the simple reason that white pearl oysters rarely produced naturally black pearls, and black pearl oysters rarely produced any natural pearls at all.
Since the development of pearl culture technology, the black pearl oyster found in Tahiti and many other Pacific Island areas has been extensively used for producing cultured pearls. The rarity of the black cultured pearl is now a "comparative" issue. The black cultured pearl is rare when compared to Chinese freshwater cultured pearls, and Japanese and Chinese akoya cultured pearls, and is more valuable than these pearls. However, it is more abundant than the South Sea pearl, which is more valuable than the black cultured pearl. This is simply because the black pearl oyster Pinctada margaritifera is far more abundant than the elusive, rare, and larger south sea pearl oyster Pinctada maxima, which cannot be found in lagoons, but which must be dived for in a rare number of deep ocean habitats or grown in hatcheries.
Black cultured pearls from the black pearl oyster – Pinctada margaritifera – are not South Sea pearls, although they are often mistakenly described as black South Sea pearls. In the absence of an official definition for the pearl from the black oyster, these pearls are usually referred to as "black Tahitian pearls".