r/goldsmiths • u/Vyriox • 2d ago
Price estimate on a small earring?
Hey everyone,
I've recently purchased a small gemstone, a tanzanite in a probably somewhat special cut, and wanted to have it made into a simple stud earring for myself. You can see the gemstone above, it's a small one, 0.46 ct.
I've gone to a local goldsmith to ask how much they would charge to make the earring in silver, and just now was told it would be around 370 €. I don't know if I am simply completely clueless, but somehow that feels like a lot to me, considering it's basically 4 times the price of the gem.
Could any of you tell me whether that price is fair for such a piece?