The ending becomes all the more poignant when we discover that all of the sacrifices were for nothing, as Mme. Forestier takes our heroine’s hands and says, “Oh, my poor Mathilde! Why, my initial necklace was paste. It was worth at most five hundred francs!” In The Craft of Fiction, Percy Lubbock says that “the story seems to tell itself.” He says that the effect that Maupassant doesn’t appear to be there in the story at all. “He is behind us, out of sight, out of mind; the story occupies us, the moving scene, and nothing else” (113). In “The Initial Necklace,” we are carried along with the scenes. It’s hard to believe we are at the end, when the final line is read and the world of that story comes crashing down around us.