A surprising number of people forget the majority of most jewellery value is the raw material.
Scrap value, yes, purchase price, no :)
The quick sanity test is to ask why big name jewelers can sell the same style ring at all sizes for the same price, despite perhaps 25% difference in mass. The majority of the retail sales price is not the precious metal value.
Scrap value, yes, purchase price, no :)
The quick sanity test is to ask why big name jewelers can sell the same style ring at all sizes for the same price, despite perhaps 25% difference in mass. The majority of the retail sales price is not the precious metal value.