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.”
I have seen that many online educational videos tend to assume that you have some experience with bench work. Many also assume that you have access to tools. Lots of tools. Very expensive tools. This was a pet peeve of mine when I was just starting in the 80’s and it seems that nothing has really changed.
Before starting and sitting down at your bench or workspace look around. Just because everything seems ok at first glance, do not become compliant.
There are very few things that can be said that are the same for every jewelry store out there, but one of them is that if you ask and dig around at the very back of the safe, you will find a box.
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.
Now I have nothing against selling jewelry. I did it for many years. I just do not want to mislead others into thinking that they cannot adequately clean their own jewelry, and I do not like using gimmicks to get you back into a store to sell you something.