[Jewelry making - Article 00149] - Re: [Orchid] How Appraisals Work

[CeltCrafts]

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>     Yet, his sale price was still double and more what we appraised

    While I know nothing about appraisals, I would think this is
    something that  has to be taken somehow into consideration, and why
    it would take years to  become a good appraiser. There is an abstract
    part of this that says the  "value" has to include what someone will
    pay for it. I try to be  fair in my humble sterling prices, and I'm
    usually fairly consistent in my  markup. There are one or two styles
    that sell very well, and I sell these  at a higher markup than the
    rest of the things I sell, because I know people will pay it. I'm
    sure most of you have similar experiences. Perhaps it is just more
    obvious in cases where you aren't trying to figure in your time, etc.
    (i.e. easier to price a piece you bought wholesale rather than making
    it yourself.) A good appraiser has my deep respect, as do most of you
    who are so far ahead of me in this game. 

Kerry
CeltCraft Beads & Jewelry

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