The blue white in this Mikimoto pearl pendant refers to the alternating diamonds (.04 points each) and sapphires (roughly .17 points each). They are set in i8k white gold and the highlight is an 11mm white South Sea pearl.
This sells for USD$5,100.
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IntoTemptation.....jewellery musings 
Now that is a lovely piece of jewellery.
It is very like the work of Michel Zimmermann, in Quebec City. All of his pieces are entirely made by hand.
http://zimmermann-quebec.com/en/fiche-objet/26peos0012d0118peotf13/
Regards,
Dan
Thanks, Dan. I need to have another look at Monsieur Zimmerman’s pieces.