I saw a necklace like this in a boutique, and as per usual for a Craftster chick, said, "Ooooh I could make that!"
After taking a few liberties with the design, I came up with this:
Closeup of the pearls used
hanging on wall. Here you can see I used two strands of dark brown leather: One strand has four knots/pearl bundles and the other has five.
For the tips, I used JB Weld to secure the caps on the ends of the leather cord.