During the fifteenth century, enormous quantities of pearls were worn by persons of rank and fashion. A remarkable 1483 portrait of Margaret, wife of James III of Scotland, which is now preserved at Hampton Court, shows her wearing such wonderful pearl ornaments that she might well be called Margaret from her decorations. As this queen was praised for her beauty, we fear the artist has scarcely done justice to her appearance; or possibly since that period tastes have changed as to what on a throne passes for beauty. Her head-dress is undoubtedly the most remarkable pearl decoration which we have seen of that century.

The uxorious and sumptuous Henry VIII of England (1491–1547) spent much of the great wealth accumulated by his penurious father, Henry VII, in enriching the appearance of his semi-barbaric court. In this reign, the spoliation of the Catholic cathedrals and churches contributed many pearls to the royal treasury; and onward from that time, they were prominently displayed among the ornaments of the women of rank in England. Most of the portraits of Henry’s wives show great quantities of these gems; many of them with settings doubtless designed by artistic Hans Holbein the Younger (1497–1543); and during the succeeding reigns the women near the throne were commonly depicted with elaborate pearl decorations.

The cold, unflattering portraits by Holbein of the court celebrities of that period, not only of the gracious women and of the dandified men, but of the clergy as well, show the prominence of pearls. Note his portrait of Jane Seymour, of Anne of Cleves, of Christina of Denmark, and the pearl-incrusted miter of Archbishop Warham of Canterbury.

An interesting story is told of Sir Thomas More, the learned chancellor of Henry VIII, showing his view of the great display of jewels which distinguished the period in which he lived:

His sonne John’s wife often had requested her father-in-law, Sir Thomas, to buy her a billiment sett with pearles. He had often put her off with many pretty slights; but at last, for her importunity, he provided her one. Instead of pearles, he caused white peaze to be sett, so that at his next coming home, his daughter-in-law demanded her jewel. “Ay, marry, daughter, I have not forgotten thee!” So out of his studie he sent for a box, and solemnlie delivered it to her. When she, with great joy, lookt for her billiment, she found, far from her expectation, a billiment of peaze; and so she almost wept for verie griefe.[[30]]

Meanwhile, in the yet unknown America, pearls were highly prized, and their magic charm had taken an irresistible hold on aborigines and on the more highly civilized inhabitants of Mexico and Peru. In Mexico the palaces of Montezuma were studded with pearls and emeralds, and the Aztec kings possessed pearls of inestimable value. That they had been collected elsewhere for a long time is evidenced by the large quantities in the recently opened mounds of the Ohio Valley, which rank among the ancient works of man in America. As in the Old World, so in the New, they had been used as decoration for the gods and for the temples, as well as for men and women.

The principal immediate effect of Columbus’s discovery and of the commercial intercourse with the New World, was the great wealth of pearls which enriched the Spanish traders. The natives were found in possession of rich fisheries on the coast of Venezuela, and somewhat later on the Pacific coast of Panama and Mexico, whence Eldorado adventurers returned to Spain with such large collections that—using an old chronicler’s expression—“they were to every man like chaff.” For many years America was best known in Seville, Cadiz, and some other ports of Europe, as the land whence the pearls came. Until the development of the mines in Mexico and Peru, the value of the pearls exceeded that of all other exports combined. Humboldt states that till 1530 these averaged in value more than 800,000 piastres yearly.[[31]] And throughout the sixteenth century the American fisheries—prosecuted by the Spaniards with the help of native labor—furnished Europe with large quantities, the records for one year showing imports of “697 pounds’ weight” into Seville alone.

For two centuries following the discovery of America, extravagance in personal decoration was almost unlimited at the European courts, and the pearls exceeded in quantity that of all other gems. Enormous numbers were worn by persons of rank and fortune. This is apparent, not only from the antiquarian records and the historical accounts, but also in the paintings and engravings of that time; portraits of the Hapsburgs, the Valois, the Medicis, the Borgias, the Tudors, and the Stuarts show great quantities of pearls, and relatively few other gems.

Probably the largest treasures were in possession of the Hapsburg family, which furnished so many sovereigns to the Holy Roman Empire, to Austria, and to Spain, and which, by descent through Maria Theresa, continued to rule the Holy Roman Empire until its abolition in 1806, and has since ruled Austria and Hungary.

A number of superb pieces of jewelry owned centuries ago by members of this illustrious family are yet in existence; notably the buckle of Charles V, and especially the imperial crown of Austria, made in 1602 by order of Rudolph II.[[32]]