I learned my craft of silversmithing from a talented silver and goldsmith about 6 years ago. I took private lessons and slowly learned how to make art out of sheets of sterling silver, bundles of silver wire, and made molten silver out of my silver scraps. That was then; this is now. I just met my teacher a few months ago and she nolonger sells her jewelry actively because she cannot afford the silver at the prices that it is now. She thankfully teaches her craft to others, but she cannot keep up with the rising silver costs. Now that is a shame.
Silver, once at $18.00 an ounce when I began silversmithing, closed at over $46 an ounce yesterday. Although I feel that I have priced my jewelry to reflect the materials plus the labour that I put into the pieces, I must now increase the price of my jewelry to reflect the increase in silver prices. Despite all of this, my prices will only rise approximately %10 to %15 and I will continue to absorb alot of these rising costs. Prices will only increase AFTER my Orange Avocado Spring Show on April 27th, Wednesday. So hopefully this is a temporary phase and silver will become affordable to all that love the art of silversmithing.
Silver, once at $18.00 an ounce when I began silversmithing, closed at over $46 an ounce yesterday. Although I feel that I have priced my jewelry to reflect the materials plus the labour that I put into the pieces, I must now increase the price of my jewelry to reflect the increase in silver prices. Despite all of this, my prices will only rise approximately %10 to %15 and I will continue to absorb alot of these rising costs. Prices will only increase AFTER my Orange Avocado Spring Show on April 27th, Wednesday. So hopefully this is a temporary phase and silver will become affordable to all that love the art of silversmithing.
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