[Jewelry making - Article 00468] - Re: [Orchid] Gemstones Purchase price vs. market price

[Daniel R. Spirer]

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>     When you congratulate yourself for finding your stones for less at
>     Tucson, are you factoring in all the time and money you spent going
>     to Tucson in the first place? 

Noel,

    I think you have hit the nail on the head with your latest posting
    on this. I did a cost vs benefit analysis of going to Tucson a
    number of years ago. Granted I probably travel better than a lot of
    Orchidians (no bargain hotels for me) but I found that unless I had
    a shopping budget of at least $15,000 (and this was a fair number of
    years ago) I couldn't save enough to make it worthwhile going simply
    because of the pricing.  If you want to factor in the other events
    (classes, meetings, socializing with other jewelers) then obviously
    it can be worthwhile-and certainly for those who don't have to
    travel so far it can be more cost effective.  But for those of you
    who spend a couple of thousand dollars just getting and staying
    there you'd better be saving a lot of money on your purchases,
    especially if you are going to pass those "savings" onto your
    customers. 

Daniel R. Spirer, G.G.
Daniel R. Spirer Jewelers, LLC
1780 Massachusetts Ave.
Cambridge, MA 02140
617-234-4392
www.spirerjewelers.com

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