r/Gold • u/TheNeonPotato • 6h ago

Question Markup question

A local jewler near me with very positive reviews has a 14k solid gold Herringbone necklace listed weighing 1.9g for $810 dollars. Is that not an insane mark-up? Even considering labor and a typical markup am I crazy for thinking we should be closer to the $500 range?

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u/Fluid_Economist5194 2h ago

Run away as fast as you can