February 26, 2021 0 Comments

Jewelry or Scrap?

New jewelry retail pricing reflects not only the cost of materials and manufacturing but also branding and marketing costs, and both wholesale and retail markups. When the True Market Value of Jewelry is being evaluated for resale purposes, the main focus is identifying an added value that is greater than the cost of components, and justifies the investment in time and resources needed to realize it or In other words, Is it Jewelry or Scrap. In many cases the valuation determining factors end up being based on the worth of the precious metals and stones the jewelry is made of.