Markup Price for Jewelry

[StIgnatius]

Just curious if anyone knows the average markup price for jewelry. I found the retail price today for the wedding set (setting and band) I want and it came out to be $1070.00. That price is only for business to business so I cannot get it at that price. The jeweler I am working with quoted me $3,098.00 for the set yesterday. This seems a little high to me,that's like 300% markup. Just curious. Thanks!

 

[StIgnatius]

Thanks for the link! I found out I was using the website wrong. The price I saw only included casting. Oooops!