How Much Does It Cost To Set Diamond In Ring
Something that we do on a daily basis is provide quotes on manufacturing engagement rings, wedding rings and other jewellery. Sometimes, especially with very labourious jobs, customers are surprised at the high cost, whereas with simple jobs, the are surprised at the depression cost.
In case you lot didn't know, we paw-brand 99.9% our jewellery from scratch, meaning that we start from an ingot of 18kt golden or platinum. We so, put simply, gyre, shape and solder it together to make a ring.
Whilst computer aided blueprint (CAD) is increasing in popularity, CAD models are inevitably cast, leading to an inferior production caused past porosity, which are essentially holes in the metallic, just similar holes in Swiss Cheese.
Furthermore, all our jewellery is made in Australia, in our own workshop, pregnant that we have to pay wages to our jewellers as well equally maintain our workshop.
Information technology is therefore, not surprising that labour makes up most of the cost of an engagement ring. There are four main costs involved in manufacturing a ring:
- Cost of the design, if whatever. (We usually absorb this cost, as we ain the design)
- Cost of diamonds and/or other gemstones.
- Cost of metal (gold or platinum)
- Cost of jeweller'south labour.
- Cost of setter's labour.
Now some jewellers, when quoting for jobs, just quote on instinct, or how the customer treats them. Nosotros've heard stories of jewellers who quote one cost on 1 day and some other price to some other client the other mean solar day. Additionally, some jewellers expect to be paid like lawyers and demand $300-400 per 60 minutes.
As said above, nosotros base our prices on four factors. For example, this means that our popular half-dozen claw setting which takes between 5.5 and 6 hours to manufacture, with virtually 4 grams of gilded, costs $800. Broken down, we accuse $100 per 60 minutes for labour and $50 per gram for gold, which gives $600 + $200 = $800.
Possibly the hardest of all costs for customers to eat is that of the setting labour. Whilst I'thou sure at that place are thousands of workers in India and Prc who can set stones for l cents or below each, setting labour in Australia is extremely expensive in comparison. Expect to pay from $11 per stone for pavé fix stones, upwardly to $50+ for more circuitous setting. This has the unfortunate side effect of adding quite a substantial amount to the cost of a ring with a substantial amount of side stones, as a lot of the time, the cost of setting labour outstrips the cost of the diamonds being put on the side.
In the end, since most of our business concern deals with engagement rings, our designs are reasonably like shooting fish in a barrel to make, and with a diamond worth thousands of dollars, our clients are happy to pay a few hundred dollars extra for a quality setting.
How Much Does It Cost To Set Diamond In Ring,
Source: http://www.jogiadiamonds.com.au/blog/the-cost-of-making-an-engagement-ring/
Posted by: hatchereffer1967.blogspot.com
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