I think your bracelet is gorgeous. I love it. Price aside, it is made of Peruvian Pink Opals. These are different than the opals that we normally think of when we think "opal". They do not have the flashes of color, but instead radiate an inner glow. Without seeing the quality of the opals in real life it is hard to determine if it is over priced. There are cheap Peruvian Pink Opals just like there are cheap diamonds. Given that this is a David Yurman piece I am betting these are top quality stones. I would be thrilled with this piece if my DH presented it to me. Congratulations.