[Jewelry making - Article 00308] - Re: [Orchid] Gemstones Purchase price vs. market price

[Greg DeMark]

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Jeanne,

    Congratulations on such a great buy. There is nothing wrong with
    passing a good buy onto a client except you have to consider how
    much you should pass on. 

    If you where able to buy an ounce of gold for $200.00 per ounce with
    gold over $400.00 per ounce how much would you charge for that gold? 

    What may be appropriate is to figure how much you normally would pay
    for those Opals and then charge a much smaller markup over that
    figure than you normally would.  This way you clients get a good buy
    and you make a nice profit. 

Good Luck
Greg DeMark
email: greg AT demarkjewelry.com
Website: www.demarkjewelry.com
Custom Jewelry - Handmade Jewelry - Antique Jewelry

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