On this value of a piece or how to price question. I recently had a
young couple come in describing a ring they had seen at a local
’wally world’ type store.
It was a trio wedding set in yellow gold with black enameled crosses
on either side of center on all 3 rings. I recognized it as a
Stuller mounting from their religious catalog.
They wanted the following changes: White gold instead of yellow,
remove the crosses from the engagement ring and replace the .05 (I
think) round to a .15 pear (SI 2). Size all 3 down.( I also added
2-.01 rounds and 3-.02 rounds)
I quoted them and did the job. They came to pick it up and were
impressed that the undersides were not hollow as they had seen in
the other store. Then told me that the price in the other store had
been $3000.00! I felt I could have made a LOT more money! UNTIL I
wrote the down to be transferred to an appraisal. Try
as I might I could not justify that number.
I don’t know what that store was using for ‘value’ but I decided
that if I had gotten more than I did I would lose sleep.
If anyone would care to put a pencil to it and see if you can get to
$3000.00 I’d like to know if I missed anything. Going from memory:
it’s Stuller R16655(D?) Upper left corner of page 49 (?)