Congrats and good luck on your new venture. Here are some of my
I'm researching licensing, getting a bond and insurance.
Jewelers Mutual would be your best bet. Website heRe:
http://www.jewelersmutual.com/PersonalJewelry.aspx Phone numbers are
I have a traveling kit packed with all the items I think I need for
a professional takein and delivery (including magnet, gold test
kit, camera, ring sizer).
Get a traveling size printer too. Take pictures, print the receipt
and give customer a copy of both.
How/where to advertise?
I know there are security issues. Should I deal in cash at all, or
should everything be checks and credit cards?
There’s been a thread here in the past about portable credit card
machines for trade fares. Take all 3 credit cards: Visa/MC/ American
Express. Take checks and cash too, but I’d push for credit cards
What kind of safe would you recommend for securing my customers'
Jewelers mutual will tell you the spec’s you need, then go buy one
Any special equipment for the takein process?
Ring mandrel, sizers, loupe, millimeter gauge. Camera, diamond
tester, acids for metal testing if needed. Nicely printed job
I already know I'm not capable of fixing everything (yet). There
are some repairs I will refuse, unless...does anyone ever take in a
job and then sub it out to another jeweler?
Yes, sub out. Our motto was “The only things we can’t fix is a
broken heart and the crack of dawn”
What are the perils of doing this?
More positives than negatives and you’ll learn on the way. Remember,
the only stones that can take heat are Diamonds, faceted ruby and
faceted blue sapphire. Charge to remove & reset all other stones if
heating on or nearby.
In any case, I know my current limitations, and I don't need to
present myself as the goddess of jewelry repairs.
Position yourself as the expert.
Pricing - should I invest in a Geller's book?
yes, of course. EF818A Actually you want to make a living at this.
No reason to spend this time and starve. I’ve had 40 years
experience, for a few hundred bucks, get it right. Making a profit
is the most valuable tool you can carry. www.JewelerProfit.com
Findings & stock - should I purchase a 'starter kit' of metals and
findings (why buy what I don't need yet) or just order what's
needed for the jobs (shipping and handling will eat up the
Shipping isn’t that expensive, order your parts as needed at first…
What have I not thought of? (OK, silly question.)
My father sued to say "What you don’t know would fill a library.
Wear professional clothes. Get your own logo shirts to wear:
Think about taking the jewelry in at their home. What showcase or
table to use?
Get a mat of some type to lay down on their dining room table to
Before you leave, put each individual piece of their jewelry in
individual zip lock bags. Place in the job envelope and staple it in
front of them. Repeat what we’re doing to their jewelry, count the
number of pieces that are in zip lock bags and check mark them off
of the job envelope description.
So, call me a genius or an idiot - I won't like it but I will come
away a lot wiser and better prepared.
Ask them if there are any special events coming up in the future so
maybe you can come back and show them some jewelry to buy from you
in the future.
Check into buying customers old merchandise. Big money in this.
Check out this website: http://www.theself-sufficientjeweler.com
Send out thank you notes after delivery. Leave something for free
behind, a jar of jewelry cleaner and chocolates.
Line up with an appraiser and take that in, farm it out and make a