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<p>[QUOTE=&quot;John Burgess, post: 7607945, member: 105098&quot;]There&#039;s a huge markup on jewelry at retail. Just over 40%.</p><p><br /></p><p>Full retail for something like that I expect to see is in the neighborhood of...</p><p>Ball parking this.</p><p>$320 for the ring mount melt for 9 grams.</p><p>Somewhere around $220 for the coin I guess.</p><p><br /></p><p>$540 meltish, with a 40% markup. I say it should be priced around $900 if sold retail at a jewelry store, give or take $50 either way for how they set their markup. It been used and 2nd hand, maybe knock off $100 to someone that&#039;s interested and on the fence and pinpointing issues like a scratch or something.</p><p><br /></p><p>I&#039;d say $800 would only attract people looking for jewelry to wear and keep, and deter melter interest. And if a jewelery store bought it they&#039;d only be paying it&#039;s melt value really regardless of what they decide to do with it after they buy it.</p><p><br /></p><p>People that buy jewelery expect it to be priced right, if it&#039;s cheap they will think it&#039;s cheap and fishy also. You&#039;re better off pricing high and letting interested people in the item haggle you down 5-10% and walking away thinking they got a great deal than pricing low.</p><p><br /></p><p>That&#039;s the game and why mark up is usually above 40% over the raw material values.</p><p><br /></p><p>Otherwise Ed is right. Above melt you would be waiting for that &quot;certain buyer&quot; that has to have that piece after seeing it,&nbsp; Also part of the jewelery game.[/QUOTE]</p><p><br /></p>

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