A method for producing a luster
pigment containing a plurality of scaly
pigment particles that is capable of suppressing reactions between an aluminum layer as a core layer of each
pigment particle and water, even when the luster pigment is exposed to
atmosphere containing
oxygen or water. The method includes forming a first layer on a surface of a film substrate through deposition of
titanium as material, forming a second layer on a surface of the first layer through deposition of aluminum as material, and forming a third layer on a surface of the second layer through deposition of
titanium as material, so as to form a stack including the first layer, second layer, and third layer stacked in sequence on the surface of the film substrate, and removing the stack from the film substrate and crushing the removed stack, so as to produce the plurality of scaly pigment particles.