Below is the description that I share to let people know what I do as a Jewelry Educator.I felt it might be wise to look at this statement, “deconstruct” it and expand on it so you can see my reasoning for writing what I did. it has a lot to talk about and even more…
“Can you tell me what this is worth?”
My standard answer is “It is worth what you paid for it. If you want a professional appraisal I charge $60 an hour, minimum two hours to evaluate and determine the value.”
“But I don’t want an appraisal, I only want you to tell me what it is worth.”
When I was in college taking an “Economics 101” class, I remember having this one point hammered over and over again: “The law of supply and demand states that a low supply and high demand for any product or service will typically increase its price”. That brings me to the title of this post. “Buying Scarcity”. After some basic info, I will tie it into the jewelry trade.