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Manufacturing costs

We break our pricing down for customers into constituent components allowing them to understand real production costs and our pricing system in general. By making our system as transparent as possible customers are able to roughly estimate the prices of future projects during the design stage.

Quotations




THE VALUES ON THIS QUOTATION ARE NOT REAL.
WHAT IS IMPORTANT IS TO SEE THE LEVEL OF DETAILS THAT WE PROVIDE TO ILLUSTRATE THE PRICING.

 

Quotation of a Jewelry product : Design, wax, silver master, setting preparation, mold
Click the image to dowload the PDF Version

RATE: 32-33 THB = 1 USD
RATE: 42-43 THB = 1 EURO


Quotation for jewelry sample or unique piece
Click the image to dowload the PDF Version

RATE: 32-33 THB = 1 USD
RATE: 42-43 THB = 1 EURO

 

How to read the quotation:

  1. UNIT PRICE:
    An estimation of the production unit price.


  2. HOW MANY PIECES FOR SAMPLES (for silver jewelry only):
    The more the pieces are small, the more we need to impose a minimum quantity of samples to be made.

    Large pieces would require only 1 sample, but the smaller they get the more we need to calculate average values on the labor timeframe, and metal use, etc, not mentioning the fact that particular chains, stones, findings might be available for orders with minimum quantities.


    Silver jewelry is often intended for mass production, so we need to make our calculations based on more than one single piece (labor and time consuming, metal weight, etc).
    Also our customer might need to see the variations of small details from one piece to another other and define with us the limits of variations according to his standards. This is important for QC purposes as well as for the calculation of production price in case we hae to prepare ourselves for more rejections.


  3. PROTOTYPING FEE:
    The last amount corresponds to the 3D design, the wax printing, the silver master and eventual laser engraving on it, eventual pave setting preparation on the masters and the molds where all the details will be imprinted including eventual logos, etc.


    1. Design interpretation, technical research, research in matérials.

    2. 3D Design and Technical Design by hand to be submitted to workers.
      * Cheking and retoucing the 3D Designs submitted by the customer. We cannot garanty a job if we just print a 3D Design sen by customers because 80% of the time they are not technical fonctionning.
      Shrinkage, filling losses, assembling requirements must be considered before printing.

    3. Wax hand modeling, or wax printing frm CAD Software

    4. Casting of ta master or silver master made by hand, correction of the shapes, Making prongs for pave setting, setting calibration, eventually engraving a logo.

    5. Making a mold from the Silver Master.

      Any of theses step (sometimes al the steps) might be done more than 1 time before we can achieve a good mold to make the samples.


    UNIQUE PIECES:

    Of course if we make a single piece the cost estimation is a little higher (loose) but developmets are cheaper:
    - No need for a SILVER MASTER
    - No need for SETTING PREPARATION on the master (prongs/pave)
    - No need for A MOLD
    - We will charge only for DESIGN and WAX MODELING when applicable, unless we make the piece directly by hand in the metal, depending our approch/method to make te piece.

 


MATERIALS AND PLATING

  1. Metal:

    Metals are charged at a per gram rate, with expected total weights and prices calculated.

    Below are our actual rates per gram for worked metal in various purities as of 10/10/2009.
    Please note that precious metal prices and currencies fluctuate daily, so the actual rate will be recalculated for your project at the time of order.

    On the 1th February 2012,
    Metal rates on the US market are Gold $1685/Oz and silver $33/Oz
    (http://www.kitco.com/market/)

    We practice the following prices for
    Precious Metals: US Dollars / Gram:

    Silver925

    $1.2

    9k - 10k

    $25

    14k

    $34

    Yellow Gold 18k

    $44

    White Gold 18k, Au/Pd, Nickel free $47



  2.  Gemstones:

    Gemstones are charged on a per carat (1/5th of a gram) basis, and each variety is listed separately. As with metals, total weights and prices are calculated and listed.

    To estimate the weight of gemstones, please go here: Gemstones Size to weight Table.
    To estimate the weight of diamonds, please go here : Diamonds Size to Weight Table

    Gemstones weight Calculator :Online calculator: (dendritics.com).

    * When using this calculator you might wonder what is the height of your stone in order to fill the form:
    The height of a stone is gennerally 65% of its diameter if it's round,
    or 65% of the smallest diameter if the gemstone is oval or rectangular.
    Ex: Oval 12x10mm => height =10 mm x (65/100) = 6.5 mm


    Important remarks concerning gemstones and diamonds prices:

    It is not rare that our customer comes back to us after ready our quotation and mention about our prices for gemstones or diamonds being higher than the wholesale prices he can get on the market for mix parcels.
    Our gesmtones and diamonds prices are prices of stones set into a finished jewelry product.

    The major point is that we have rejections in color, size and clarity to handle. A parcel of diamonds sorted to be set into pave setting will leave between 15% (when our supplier did the sorting job well), and up to 30% of the diamonds on the side. Whether we have to bargain a price on selection and return the rest of the stone, or whether we have to keep the rest of the parcel in stock, the result is that diamonds set on jewelry cannot be compared with diamonds sold on the market in a mixed parcel.


  3. General Pricing and first sample quotation (estimate):

    Also we will never insist enough on the fact that we are selling a finished jewelry product where we handle ourselves most of the design interpretation and technical problems in order to produce the best possible jewelry product within the customer's specifications that are not always realistic.
    This attention and this time and talents employed in the unique purpose of makig a product as charming, elegant and sucessful as possible cannot be sold too cheap because skillfull workers and good designers are not cheap. We are in research for quality first, and competitivity comes second.

    The final price for production is decided after the customer have see at least 10 to 20 pieces of a product and made his point about acceptable defects r non acdeptable defects. It is this standard that will influence the price in the end (after stones and materials quality have already been decided).

  4. Pricing Transparency

    We are playing the card of full price transparency and we expect our customers to play the game in a fair way.
    We give full price details to help our customers building up their future collection and being able to make precise price projections while developing thier designs. The prices are taking in account many factors as explained earlier, so please do not start to bargain each material at the stage were we are making a quotation from your drawing.
    Please let us make the samples first and then we can discuss prices when we propose a production price for the product for different quantities.

  5. Materials provided by customer

    Handling Fee:
    Customers can provide findings, stones and even diamonds for us to make the jewelry.
    Nevertheless we might charge about 5% to 10% of the estimated value as an handling fee depending materials.

    Certified Stones:
    We prefer to take only diamonds with certificates (larger than0.3 ct). But we can accept smaller diamonds without certificate as long as the description in not too precise when consigned with us.
    Ex: Diamond RD 1.2-1.3 mm, G-H/VS-SI Quality

    Claims:
    We won't accept any claim that the diamonds or stones are not the same as provided by customers unless the stones are certified by GIA, HRD, GRS, IGI, GHI, SSEF, ICC Paris, Gem Tech Lab, or AIGS Laboratories.


  6. MASS PRODUCTION:

    In Thailand you will find large factories to make mass productions, but they don't have time to develop your products properly.
    A possible alternative for you, who are seeking for nice proportions and general look at the best price FOR MASS PRODUCTION, would be to develop the product with us.
    Then after a few productions where all the main difficulties have been passed, you can ask us to give you the molds and bring it to a mass manufacturer to get the best price for it..
    Nevertheless, customers should be aware that a good kitchen and a good mold is not enough to make great cuisine and obtain a nice cake. You also need a good and passionate cook as well as a precise recipe.


  7. Rhodium / Gold Plating:

    Rhodium plating is an important part of the costs in making silver jewelry. On a large and flat piece it can represent up to 25% of the costs.

    Rhodium electroplating is used to give a chromium aspect to Silver Jewellery and White Gold Jewellery.
    On Silver it will project the piece against oxydation and scratches, acting as an anti-tarnish and resistant shield.
    On White Gold Jewelry it will also give a color that is expected by the consumers, because 18k white gold is not white but slightly yellow. (Read more about electroplating and electro-polishing).

    Another alternative to eletroplating finishes (Rhodium or gold) is the gold filled finish which is still cheaper than massive gold jewelry but more durable than electroplating where the gold layer does not exceed 3 to 5 µm.
    Please check this link to know more about gold filled jewelry




    Real white gold 18k ring with ruby cabochon

    Rhodium / White Gold


    This is the real color of white gold 18K.
    It can be nice with a ruby or hot colors, but it is generally preferable to cover the gold with a layer of rhodium. What is the point using gold then?
    The answer is "Durability": Gold is a noble metal in the sense that it doesn't get oxidized by acids.

    Silver jewelry will eventually end up tarnishing even with a good 5 µm rhodium electroplating. Unless otherwise specified we use 3µm rhodium plating.


    Design for ruby cabochon, using white gold 18k

    Design for ruby cabochon, using white gold 18k, ring shows hexagonal structure of the gemstone.






  8. You have a full collection to develop:

    When you received a first quote you might feel that it will be costly to develop a full collection.
    This is the moment to ask for our Intellectual Property Agreements contract for the protection of your designs. Tthen you should send us, maybe not all but, at least a few designs (6 to 10) so that we can consider the global project and an offer in order to complete the work in a cost effective way.


  9. Please consider the Manufacturer’s point of view when analyzing our quotations:

    The main problem with starting a new design is that the manufacturer will not make make much profit on the jewelry samples compared to the time involved in:
    DESIGN INTERPRETATION + MODELING in Wax + MODELNG in silver (master) + MOLDING + MAKING SAMPLES
    of a new jewelry design.

    When our customer already made orders for productions with us and when we can see the success of our cooperation, then we can bet on future orders while quoting new prototypes for him.
    Only then we can start to minimize the Development costs to encourage this customer to make more products, because it eally sells so we can try to share the develpment expenses with him so we both can sell more variety of products through our cooperation.

 


Request a quotation to manufacture your jewelry prototypes and receive a precise price for production.

This page is relative to jewelry design, wax modeling, wax printing from CAD softwares like JewelCAD and Rhinoceros. Our jewelry designers working by hand or on computers help in the modeling of custom jewelry. We are jewelry manufacturers in thailand making gold jewelry design and production of jewelry lines in our jewelry factory. We do custom made jewelry and offer design services in order to provide a complete solution to our customers overseas.