[Jewelry making - Article 00350] - Re: [Orchid] Ethics and Profit?

[Richard Hart]

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Neil,

>     I ordered the merchandise from both sources and the cheaper goods
>     were markedly superior. I gave the customer the better goods at the
>     agreed price of the lower quality but higher cost goods. She got
>     better than either of us anticipated, I did better dollar wise, and
>     the quality of her ultimate purchase can't be knocked. So I served
>     her best interest I believe, while serving mine.

    Congratulations, on your hard won wisdom, from someone who in the
    trenches with you. 

    Did I ever tell you the one about a guy who did not know about memo
    who had his first retail jewelry venture. 11 carat fancy yellow
    radiant cut diamond was requested, prices were at about $100,000. 

    I located one while at the Tuscon gem and mineral show, told my
    client he flew to Scottsdale, Az. and purchased it, I got a $1500
    finders fee. He paid about $30,000. If I had got it on a memo, I
    could have made at least $20,000 The guy who purchased it came in
    again, with a briefcase, showed me his collection while it was out
    of safe deposit box. I asked if it was worth a million, he said two.
    Fine rubies, sapphires and diamonds one I remember was a 6 carat D
    flawless diamond, ect. I have not had an opportunity like that in
    the last, oh...about 18 years! 

Richard Hart
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