Looking at the prices of 'Pandora' and 'Links of London', I was amazed as I would have to save up for years to buy one. £20 for a single bead? and that's one of the cheapest. When buying these, you're not paying for the product, but for the label. They will last a long time and as they are so expensive, you will treasure it, so when I'm earning a lot more than I am now, I might invest in one.
There are many bracelets that are similar to Pandora ones that will not break the bank and no one will notice any difference. The only way people will know if it is a true Pandora, is if you shove it in their face and say 'Look it's a Pandora' - Many people do, just to show off.
I've just purchased a silver chain identical to the Pandora ones on Ebay, along with multiple beads (Silver core). They say sterling silver, but even if they were silver plated, I wouldn't be fussed. Anyway, the chain is VERY expensive (not), around £1 and sets of 5 glass beads with a silver core at 64p. I can not wait for them to arrive to I can create my own charm bracelet.
My friend has a Pandora bracelet and I'm going to see just how similar mine will be to hers.