[Jewelry making - Article 00086] - Re: [Orchid] Dealing with the increase in metal prices...

[joel4]

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Kim,

>     Daniel (or anyone)....are you required to put any notice out for
>     the customers that you are basing your jewelry pricing on current
>     market prices for materials, therefore the jewelry prices may go up
>     at any time? 

    You can change your prices any time you want, regardless of market
    prices of materials. I know of no requirements to post a notice.
    When quoting a price for custom work I always tell the client that
    the price is based on the current metal market price and that the
    final price will be determined at the time of fabrication or casting,
    etc. This is especially important when the cost of materials is
    changing so rapidly. Gold went up $27 in the past week. The client
    makes the ultimate decision about whether to buy or not. 

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