topic Re: Reality Check in Jewelry

Reality Check

Myhome7 — Sun, 12 Oct 2014 20:33:09 GMT

Just watched some of the Designer Jewelry shows and the prices of some of the pieces was astronomical, especially the Judith Ripka. I am not trying to bash any one designer, I just think QVC needs to reevaluate how they price some of this jewelry. It is definitely not worth what they are charging, and I feel most who watch QVC cannot afford these prices. It's silver and inexpensive gemstones, not gold and diamonds. I have loved QVC for years and never posted before, but their prices are getting prohibitive.

Re: Reality Check

terrier3 — Sun, 12 Oct 2014 20:42:08 GMT

Their sales have gone down in jewelry too...jewelry and electronics, according to their last annual report.

They need to listen to their customers, IMO.

Re: Reality Check

tsavorite — Sun, 12 Oct 2014 20:52:36 GMT

I only watched a few minutes here and there the last couple of days...boy are you right the prices are really inflated for gemstones/sterling. $500-$1400 range on some items....WOW! I enjoyed looking at Jill's nail polish instead and found one in my collection that is a very close match..

Re: Reality Check

aprimo — Sun, 12 Oct 2014 21:21:19 GMT

I agree that many of the Judith Ripka pieces are not worth to me near what they are charging. However, in reality it is "worth" whatever someone is willing to pay. Designer jewelry has never been valued at commodity prices. The intangible value of the design, including the designer's reputation and status, is a big part of the value.

They can use the price of silver as an excuse/sales pitch, but that's largely what it is. The commodity price of silver is back down to about what it was in early 2008. That's still not nearly as low as it was in the '90s and early 2000s, but it's down considerably in the last year. However, if the Q finds their sales and profits are good at the current prices, then we consumers may not see the reduction passed on to us for a while and not just because of the production lag time. If the economy continues to improve, the prices may eventually go down, but I'm not holding my breath.

I can only imagine that the Q is making money on the Ripka line, or it wouldn't be there. Certainly not in the quantity and frequency it is now. Granted, QVC may perceive some "prestige value" in having Ripka (John Hardy, Dooney & Bourke, etc) on their network. But at this point I doubt they value the prestige factor enough to have Ripka there as a loss leader.

Re: Reality Check

severusgirl — Mon, 13 Oct 2014 09:45:17 GMT

If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

Re: Reality Check

ical — Mon, 13 Oct 2014 11:31:15 GMT

On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

The collection, "T", if looked at symbolically, (from ancient points of view), one would see that the tau and perpendicular symbolism is more than just a letter for a company or one randomly pulled from a can of alphabet soup.

But, perhaps for another day.

Re: Reality Check

NickNack — Mon, 13 Oct 2014 13:30:13 GMT

On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

The Tiffany name means something, though and will hold its value. Something from QVC will not.

Re: Reality Check

ical — Mon, 13 Oct 2014 13:49:16 GMT

On 10/13/2014 NickNack said:
On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

The Tiffany name means something, though and will hold its value. Something from QVC will not.

Not necessarily true, imo. If there was a situation on the globe where value was determined by weight of precious metals, one could buy more precious metals here than there, in probably all circumstances.

Do you really think they will give more of whatever is bartered for if one has a logo on the metal which is being tossed into the melting pot?

Re: Reality Check

NickNack — Mon, 13 Oct 2014 13:50:53 GMT

On 10/13/2014 ical said:
On 10/13/2014 NickNack said:
On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

The Tiffany name means something, though and will hold its value. Something from QVC will not.

Not necessarily true, imo. If there was a situation on the globe where value was determined by weight of precious metals, one could buy more precious metals here than there, in probably all circumstances.

Do you really think they will give more of whatever is bartered for if one has a logo on the metal which is being tossed into the melting pot?

No, not if it was tossed into a melting pot. In other situations, yes.

Re: Reality Check

NickNack — Mon, 13 Oct 2014 13:51:42 GMT

On 10/13/2014 NickNack said:
On 10/13/2014 ical said:
On 10/13/2014 NickNack said:
On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

The Tiffany name means something, though and will hold its value. Something from QVC will not.

Not necessarily true, imo. If there was a situation on the globe where value was determined by weight of precious metals, one could buy more precious metals here than there, in probably all circumstances.

Do you really think they will give more of whatever is bartered for if one has a logo on the metal which is being tossed into the melting pot?

No, not if it was tossed into a melting pot. In other situations such as on Ebay or in a jewelry store, yes.

Re: Reality Check

ical — Mon, 13 Oct 2014 13:55:37 GMT

On 10/13/2014 NickNack said:
On 10/13/2014 NickNack said:
On 10/13/2014 ical said:
On 10/13/2014 NickNack said:
On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

The Tiffany name means something, though and will hold its value. Something from QVC will not.

Not necessarily true, imo. If there was a situation on the globe where value was determined by weight of precious metals, one could buy more precious metals here than there, in probably all circumstances.

Do you really think they will give more of whatever is bartered for if one has a logo on the metal which is being tossed into the melting pot?

No, not if it was tossed into a melting pot. In other situations such as on Ebay or in a jewelry store, yes.

Some Ebay things, however, go for what is demand. Like a Joan River's Bee. Kirk's Folly.

Bartering couldn't care less (about name or logo or design). They are for weight of precious metals, that is.

Re: Reality Check

BOYINTX — Mon, 13 Oct 2014 13:58:35 GMT

Agree..Q'S jewelry is lacking in design,color and up to date fashion.

So much is imo over priced and as much as I adore J RIPKA it was a joke watching her dance around and stating TOWN and Country mag. I am ,and have not enjoyed buying the costly and lackluster designs for a few years now. SEE BETTER AT TJ MAXX....

Re: Reality Check

depglass — Fri, 17 Oct 2014 23:03:19 GMT

Where do you think TJ Maxx gets their jewelry? Some of it is from QVC suppliers.

Re: Reality Check

redngold — Fri, 17 Oct 2014 23:33:28 GMT

On 10/13/2014 severusgirl said:
If you ever need a reality check, take a look at Tiffany's prices. They will indeed charge what the consumer is willing to pay. They have a new collection of "T" jewelry, very sleek, stylish, and sophisticated, and I love it! But they are charging $350 for a simple sterling silver ring. I know the price is because of the Tiffany name and pretty blue box and white satin ribbon, the designer's name; the cost of labor and silver is the least of it.

Exactly. The Ripka pieces are nothing special, neither are the Bronzo Italia. I've ordered from both (one item each) and returned both. But, if you're a "fan" of either line, then the pieces may have more significance to you than just the pieces themselves.

I agree that the jewelry is extraordinarily overpriced for what you're getting, which is a mass produced item of the least expensive materials they can find that is not being individually checked for QA.

Re: Reality Check

Ibby114 — Fri, 17 Oct 2014 23:34:38 GMT

On 10/17/2014 depglass said:
Where do you think TJ Maxx gets their jewelry? Some of it is from QVC suppliers.

I've seen lots of shopping channel jewelry in TJ Maxx!