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Re: [Orchid] The Jeweler, The Custom Piece and your Inventory  
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From: Tom Timms
Date: Sat Jun 02 05:40:12 2007
 
     
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    I am a jewelery artist at the hobby level. When I started out
    crafting jewelry, silver was the only noble metal in my reach. After
    a couple of years I wanted to work with gold but I was intimidated
    by the price and the fear of not making my money back. At that time
    I was friends with a very nice lady who owned a shop in Redondo
    Beach, Calif. She told me I should go for the gold and not be
    intimidated by the cost. Well I hemmed and hawed till finally she
    made a deal more like a dare. We had gone to a rock and gem show
    where she had picked up a very small slab which she said was her
    ticket to an African safari. She paid 25 cents for that slab and in
    one years time accomplished her goal. That 25 cents and another
    $1.50, total $1.75 was the only out of pocket expense she had and
    the safari cost over $5000.00 not including airfare. She just kept
    reinvesting all the money she made from each higher grade piece
    until finally she had the money needed for the safari. She dared me
    to do the same thing to get my gold. So with only $1.35 out of
    pocket, just like she did with her safari, I got my $500.00 oz of
    gold and didn't have the intimidation I had previously. I know this
    is probably long winded but I wanted to get my point across which I
    hope I did. This is a true story and the 'she' was a good friend and
    smart business lady by the name of Ivy. Her shop was Ivy's Lapidary
    and Gifts located in Redondo Beach just across the street from the
    beach. So Kim, if you want to work in gold bad enough try this out,
    it worked for at least two people I know, Ivy and myself. 

Wish you well
Tom Timms
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