[Jewelry making - Article 00185] - Re: [Orchid] Pricing Jewelry

[Jay Gaelen]

========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========

    On this value of a piece or how to price question.  I recently had a
    young couple come in describing a ring they had seen at a local
    'wally world' type store. 

    It was a trio wedding set in yellow gold with black enameled crosses
    on either side of center on all 3 rings.  I recognized it as a
    Stuller mounting from their religious catalog. 

    They wanted the following changes:  White gold instead of yellow,
    remove the crosses from the engagement ring and replace the .05 (I
    think) round to a .15 pear (SI 2).  Size all 3 down.( I also added
    2-.01 rounds and 3-.02 rounds) 

    I quoted them and did the job.  They came to pick it up and were
    impressed that the undersides were not hollow as they had seen in
    the other store. Then told me that the price in the other store had
    been $3000.00!  I felt I could have made a LOT more money!  UNTIL I
    wrote the information down to be transferred to an appraisal.  Try
    as I might I could not justify that number. 

    I don't know what that store was using for 'value' but I decided
    that if I had gotten more than I did I would lose sleep. 

    If anyone would care to put a pencil to it and see if you can get to
    $3000.00 I'd like to know if I missed anything.  Going from memory:
    it's Stuller R16655(D?) Upper left corner of page 49 (?) 

Thanks, Jay

____________________________________________________________________
T h e   O r c h i d   L i s t
Open Electronic Forum for Jewelry Manufacturing Methods and Procedures
____________________________________________________________________
Orchid FAQ:
~ http://www.ganoksin.com/orchid/faq.htm
Orchid Archives:
~ http://www.ganoksin.com/orchid/archive
Orchid Galleries:
~ http://www.ganoksin.com/orchid/gallery.htm
Invite a Friend:
~ http://www.ganoksin.com/invite.htm
____________________________________________________________________
Tips From The Jeweler's Bench - Article Archive
~ http://www.ganoksin.com/borisat/tip_sear.htm
The Jeweler's Selected Bibliography List
~ http://www.ganoksin.com/jewelry-books
Buy Orchid Jewelry:
~ http://www.ganoksin.com/shop
____________________________________________________________________
-Unsubscribe:
-Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank
____________________________________________________________________