[Jewelry making - Article 00389] - Re: [Orchid] Rising Costs Of Precious Metals

[joel4]

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Grace,

>     What is the proper way to determine the selling price in lieu of
>     the current rise in the market? 

    You need to base your selling price on your replacement cost. Weigh
    the pieces and calculate the cost of gold to replace the piece in
    today's market. Don't forget to factor in other cost increases that
    have occurred since you originally made the pieces. 

Joel

Joel Schwalb
joel4 AT optonline.net
www.schwalbstudio.com

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