How To Price Gold Jewelry

Posted on 14. Dec, 2011 by in Free Stuff

If you create gold, or any precious metal jewelry, and want an easy way to price it you can use our free spreadsheet to do all the calculation work for you.

The first step is to get the latest price of Gold which you can get from here.

Once you have that just update the sheet with the latest gold price per ounce and then add in your hourly rate.

First time you use the pricing sheet you will need to amend the values according to the pieces you make but once you have done that once you can then just update the latest gold price and have all your pieces re-priced instantly.

See the video below for more details and download a copy of the pricing sheet here to show you how to price gold jewelry.

 

Technorati Tags: , , ,

0 Comments

Silver Jewelry a Better Investment Than Gold

Posted on 20. Oct, 2009 by in Pricing Jewelry

The historic price ratio of silver to gold shows that about 10 ounces of silver would buy one ounce of gold, a 10:1 ratio. Recently, the ratio is about a 50:1 ratio (with silver at $20/oz., and gold at $1000/oz.) As the silver to gold ratio returns to historic values, from 50:1 to 10:1, you may make over 5 times more money investing in silver, than gold!

More than all of the silver produced by the mines each year is consumed by industry, which leaves little to no room for substantial investment demand. A marginal increase in investment demand will drive prices sky high.

Most silver is produced as a by-product of mining gold, copper, zinc, or lead. Higher silver prices might not substantially increase the amount of silver mined each year. Consider, in 1980, when silver prices went up to $50/oz., less silver was mined than in 1979.

So watts this mean to the jewelry sector ?.Simple a huge increase in the cost of silver jewelry and with that will come a bigger demand by the general public.

Now this is were it gets tricky ,if you are a jewelry retail shop or a customer you have to be sure that the silver your selling or the silver jewelry item your buying is of the highest standard,98%fine silver is the best.It is quickly becoming the new fashion standard.

At present 90% of all silver is made to a standard 925%Sterling silver,which means it has a small amount of impurities added ,However for an investment this just isn’t good enough .and it gets worse ,if you do buying trips for silver from lets say to Asian countries,the majority of silver in street stalls would not pass the assay test 925 that’s because the manufacturer has added large amounts of copper or bronze with the silver in order to be able to sell it cheap.

There are no tricks to buying silver ,firstly you must establish a good customer relationship with a reputable manufacture or wholesaler.

Secondly he should be happy to provide documentation of were the raw silver comes from with a assay test certificate.

Thirdly try and buy silver that’s Monogrammed,Customers love having designer name brands such as KDL,and you will find that if a manufacturer is name stamping his silver jewelry he has a reputation to protect.

So to sum things up ,Yes invest in silver jewelry ,but only in 98%pure silver ,wear it ,use it and wait for the price increase then you truly have a valuable asset ,you can even have it melted down and re sell the silver .Its a win win over gold .Even if gold increases in price it will not match the percentage profit that silver is now starting to return.

I have been Manufacturing silver and gold jewelry for 10yrs ,and specialize in fine silver and 24karet gold .Together with my wife we have helped hundreds of retailers reach there marketing goals. www.silver925-wholesale.com .

Technorati Tags: , , , , , , , , , , , ,

0 Comments

Tips On How To Choose Gold Charm Jewelry

Posted on 23. Jul, 2009 by in Buying Jewelry

Gold charm has always been a good choice for gift giving; this is a perfect present for all ages and occasions. Charms come from wide variety, from shape to styles and sizes, and these are all available in your local jewelry store – sounds easy to find you perfect fit. Charm jewelries are wearable in different occasion, whether you’ll attend in a classier occasion or wore it during a simple gathering.

If you’re planning to give a gift to your special someone, you should try this brilliant suggestion: Find a charm bracelet and a single charm. These kinds of bracelets has single, double, or triple link. The sturdiest is the triple link, while the nice starter bracelet is the single link. Now, for every event or occasion that your special person gets involved with, give her a charm bracelet. Each bracelet symbolizes each story of her success in life. Your gift will be more appreciated and it really does made sense to someone’s mind.

To help you give better understanding of charm jewelry, here are some guidelines to help you purchase a perfect gold charms, pendant and bracelets.

  • You must understand that charms and pendant has many usages. Many people would tend to hang charms on a charm bracelet because their sizes are smaller, and pendants are for necklace because they are larger. Generally, most people believe that this can be true, but there are some people who prefer to put large charms on their bracelet and smaller charms were hang on their necklace.Some people like gold charms with handmade glass beads. This is just a matter of an individual taste of design and style.
  • · You must know the desires of the person you are purchasing for. Does she prefer the white over yellow gold? Remember that white gold look similar to silver but unlike silver, gold doesn’t tarnish.
  • Be aware of the size and the weight of the charm. You must know that the size of the charm or pendant is important. If you are having a hard time purchasing a pendant via web, the best thing you can do is to visualize a quarter in your mind (the quarter is 1” by 1”) and simply make it as your reference.
  • Also, make sure that the weight in grams of gold charms sold in the web is correct. Each charm should have its weight in grams placed next to the other charm. This will assure you that the charm displayed is solid and not hollow. Do not buy if there is not weight listed. Sometimes a retailer will trick you, but if you’re really wanted a hollow gold charm like puffed jewelries, same manner you should do ‘ALWAYS LOOK FOR THE WEIGHT’.
  • Lastly, find an online store that offers good quality products as well as customer service. To give you an extra tip, consider a charm website that offers a free wish list, where your gift receiver can sign up and list his/her favorite charms. eBay has many different suppliers that offer gold charms so use eBay to find cheap beads, gold charms whatever you are looking for.

Just always remember that what you are giving is not just an ordinary charm, but a gold charm that cost an amount of dollar for you. Nevertheless, your receiver will really enjoy wearing it in any occasion, plus giving her an extra credit by letting her know that she is being appreciated by wearing that charms that symbolizes her story of success. If you are buying charms for yourself then learning some care tips for jewelry will help your charms last and look good for years.

If you would prefer you can watch this article in video format:

.

Technorati Tags: , , , ,

0 Comments