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Good News, No Price Increases At Enchanted Jewelry & Collectibles

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For the last several years the price of silver has been on the incline. When I first started selling online the price of silver was roughly just under $5 USD per ounce. Although it has roller coastered a time or two the cost right now is right at $42 USD per ounce. This means that those beautiful pieces of sterling silver jewelry that you love could be had for a very reasonable price 10 years ago. Obviously with the increase in the value of silver those same pieces that you could get for a song 10 years ago are much more expensive now.The good news is that if you bought sterling silver jewelry 5 or 10 years ago your investment has more than doubled. The bad news is that if you did not buy sterling silver jewelry a few years ago well, if you wish to purchase it now you will pay more however, it is still a good investment. There is not much that is more beautiful than a shiny sterling silver piece of jewelry and the fact that it adapts itself well to almost any outfit makes it a very versatile accessory for your fashion wardrobe.

In the last year alone the price of silver has increased dramatically. At Enchanted Jewelry & Collectibles we have done our best to maintain our inventory and also to keep the prices for our customers as affordable as we possibly can. As we watched other jewelry shops increase their prices and watched our suppliers increase their prices to us we wondered if we were going to have to implement a price increase across the board for our sterling silver jewelry items. After careful consideration and study we have decided that we are not going to increase our prices at this time. We have determined that with some carefully thought out changes we will be able to maintain our current price structure for our customers. We did take a hard look at our inventory and have deleted a few pieces that seemed to be way overpriced by our supplier. Fortunately we did not have to delete much however, we still offer a large range of sterling silver jewelry items with hundreds of choices for our customers. We have determined that in order to lower our overhead costs we will only be offering a very few pieces on the higher priced selling venues. All of our inventory will be kept in our Addoway storefront. The Addoway Marketplace enables us to maintain our storefront presence without expending a great deal of operating capital for listing fees, etc. while it also gives our customers a trustworthy, secure and friendly shopping experience that is free from hassles and easy to use.

We hope you will consider both Enchanted Jewelry & Collectibles and also Addoway for your shopping needs. If you are looking for items that we do not carry at Enchanted Jewelry & Collectibles there are hundreds of other storefronts on Addoway and I am confident that you will be able to find what you are searching for. If it's sterling silver that you are looking for you can start with this 925 Sterling Silver Moon & Stars Band Thumb Ring...
925 Sterling Silver Moon & Stars Band Thumb Ring

We also offer these 925 Sterling Silver Turquoise Gypsy Boho Heart Dangle Earrings...

Sterling Silver Turquoise Gypsy Boho Heart Dangle Earrings...

We have many more jewelry items to choose from as well as footwear, clothing and collectibles (including seasonal collectibles). Please stop by both Enchanted Jewelry & Collectibles and also Addoway and see for yourself just how many different treasures can be found.

Enchanted Jewelry & Collectibles...Dedicated To The Gypsy That Remains...



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Reader Comments  (6)

twysp2
twysp2 | September 13th 2011 at 1315980659

I enjoyed reading your blog. My goodness silver has gone up. I was too soon selling some of my personal things. You have beautiful jewelry that make for good gifts.
Enchanted Jewelry & Collectibles
Enchanted Jewelry & Collectibles | September 14th 2011 at 1315986334 - in reply to twysp2

Thanks very much! Who knew 10 years ago that silver would shoot up this much? I wish I had, I'd a bought more inventory back in the day, lol...
Fredrick Nijm
Fredrick Nijm | September 14th 2011 at 1316021973

Silver going up with Gold :)
no photo
BeewitchingItems | September 14th 2011 at 1316032211

I feel your pain, each and every time I order my silver jewelry the price has gone up. I have tried to keep my prices low, but have had to raise it on some items. Thanks
Donna's Stuff & More
Donna's Stuff & More | September 14th 2011 at 1316043811

I too was too soon selling some silver. Thank you for your informative blog!
Tuckerstuff
Tuckerstuff | September 14th 2011 at 1316055875

Hmmm, I better check my supplier sites, now. Being a dropshipper of many items (some silver), I don't always get updates on price increases, but I'm gonna check now. Thanks for posting.

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