Gem & Jewelry Industry

Payment Plans: Tips for Small Business


Large department stores seem to be able to offer these amazing payment plans.  They're interest free, with no money down, payments stretched out till the end of the world (and I don’t mean December 21st), and you can return your purchase up to 12 months, even if you used it.  I’ve often wondered how businesses can afford that sort of thing, but the answer is probably obvious: the costs have...
Continue reading

Gem and Jewelry Care: Do’s and Don’ts

This is probably a long overdue blog entry.  I talk so much about gems, but never about what you should and should not do once you receive the jewelry I make for you.  This tip sheet has the basics.

1.      Adding Shine:  Use a polishing cloth.  But you need a good quality one, like SunshinePolishing Cloths from Rio Grande. They feel a little waxy, not just like cloth. You can rub fairly hard for a...
Continue reading

Are Gemstones Ethically Sourced?

Even though I don’t get this question a lot, since I teach ethics, it stands to reason that the ethical sourcing of gems would be a concern of mine. And it is. But if we consider the question carefully, it is obvious that even if we could all agree on what “ethical sourcing” meant in this context, it doesn’t take much thinking to realize that the demand to only use ethically sourced gems is nearly... Continue reading

Idar Oberstein - Round Two

As many of you know, I went back to Germany (and also Italy) for part of June and July, visiting family and taking a much needed break from work and jewelry. But what would a trip be without at least a little gem shopping? So I made another appointment with the Sri Lankan in Idar Oberstein who sold me those awesome spinels last summer.
 
This time I took my dad along for the ride. Ulterior... Continue reading

On the Value of Value: Retail Appraisals

I’ve heard it time and time again when people show me their valuable jewelry: “this ring was appraised at…,” followed by a nice high numerical figure.  “Cool,” I say.  Politely.  While secretly rolling my eyes.  Why?  Because those appraisals, most likely, are too high.  They are done for insurance purposes and calculate full replacement value, or close to it: the amount the insurance will pay you... Continue reading

The Origin of my Sapphire, and News on Pricing

A few weeks ago I told you about the 1 carat sapphire I got through the internet.  I finally got it back and I got an answer.  Generally, with a sapphire, you can approximate origin by color.  The more vibrant and dark colors are usually African, the very dark blackish blues are Thai.  But the teal colors now often come from Africa as well, no longer just Australia.  Sri Lankan stones, by... Continue reading

Why I Don’t Like Setting Customer’s Stones

I often get asked by customers if I would be willing to set their stones.  These days, I mostly turn them down.  And I find that many other Etsyans do the same.  You may find this strange, but for the jeweler, there really are only downsides.

For me, the first set of issues arises because I’ve not actually seen the stone.  I rarely make my own settings, so I have to rely on what’s commercially...
Continue reading

Casting

Questions about casting are starting to come up more often, as I am increasingly moving toward custom orders these days.  So let me dispel the mystery.

When you cast something, you replicate it, you make a copy so to speak, in any metal the casting service offers.  Mine offers just about every metal on the planet, including anti-tarnish (argentium) silver and bronze, and they are green certified,...
Continue reading

Bargaining: When and When Not

It happens mostly at craft shows, though sometimes on Etsy as well.  “Can you do a little better than that?” or “Will you have any sales coming up soon?” are some polite attempts at getting me to come down from a price that didn’t work in a sufficient markup for a discount in the first place. 

I also see it when I shop for gems on 47thstreet, though the bargaining techniques of experienced gem...
Continue reading

Can You Live off Etsy?

Everyone in my craft group has an Etsy shop, one is even an Etsy co-founder.  Some have been in the Indie craft scene for over a decade.  But everyone is a hobbyist.  At one of our recent meetings, someone asked if you could actually make a living with an Etsy shop.  There are no studies on this, so we all took our best guess: unlikely.

I could not stop thinking about this.  I have an active...
Continue reading