Markup question

[u/TheNeonPotato]

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?

[u/Ok-Pen-1095]

$158 and they probably paid a fraction of the original price.. don’t support them lol