[Jewelry making - Article 00124] - Re: [Orchid] What do you charge for Rhodium plating?

[David Geller]

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>     Im curious to see the wholesale and retail price,now that a pint
>     of Rhodium is close to $400.00. My Wholesale is now $12.00. The
>     retail at a few stores I know of is $30.00. 

    I have a friend who is a college graduate chemist and a jeweler. 

    O.K., he's anal as can be! 

    He told me a container of rhodium plating solution can PLATE
    approximately 100 rings. 

    At $400 a bottle, your cost of goods (cost per plating) is $4.00. 

    After polishing, we charge in our price book $25 to rhodium plate. 

    If you can get 75-100 platings from a bottle, then your cost is
    between $4-$7.50. 

    RETAIL, if you triple, your selling price is $12 to $22. 

David Geller
JewelerProfit
www.JewelerProfit.com
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