Based on purchasing freshwater pearls from a friend who imports them, I would say those prices are quite high. Baroque pearls are usually cheaper than round, as they are more common. I would think a reasonable price for the "puddle" earrings would be closer to $50. I freely admit, however, that I am not an expert. An expert might tell you that there is something special about these that makes them more valuable but I think the jeweler has high prices because it makes people think the stuff is worth more.