The titans of Tibetan society favored precious stuffs imported from China, India and Nepal. The necklace from which they dangle flaunts a flourish of freshwater pearls, coral and turquoise. To the contemporary urbanite, there is something both satisfying and quaint about being able to judge quality at a glance. Today, when slovenliness is often chic, when cashmere, silk and gold have become ordinary and inexpensive, visible status is merely a nebulous matter of taste. Wealth has come to be defined by a cluster of abstract signs that change from year to year, and last year's indispensable luxury is tomorrow's close-out special.
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