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Platinum wedding band price guidelines

 

Smaller Rings

The basic cost to make a ring is $300, plus platinum metal charges.

Heavy Rings

Wedding bands that weigh more than 10 grams are charged per gram, plus additional labour.

Discounts

Up front payments go towards purchasing bullion, casting costs and gem supply.

Discounts are made for multiple platinum jewellery purchases and heavy rings because using the same metal reduces waste and fabrication costs.

Additional labour

Additional work, such as, shaping, texturing, engraving and diamond setting.

Shaping is charges depend on metal types, shapes and mass.

Texturing is charged per job. Matte & polished finishes are charged with an engraving charge.

Engraving is charged per job. Scroll work and lettering is sent to specialist engravers.

Diamond setting is charged per carat and per stone depending on size, quality and setting style.

Please see also Diamond Price Guide

Extras

All rings are made in house.
Appointments are made for fitting bands, often before the piece is finished.
Resizing is free before your wedding date.
Free polishing, and repairs are charged at a nominal fee.
950 Platinum/Ruthenium alloy (harder), or Platinum/Iridium alloy (whiter).
Fused joins (no solder lines)

Notes

 

There is a basic charge for a plain ring of $300, which covers the ancillary costs of the sale.

The average platinum metal charge is $66.00 per gram over the current bullion cost, plus waste, shaping and finishing charges.

It is best to have both the engagement ring and wedding band produced at the same time from the same platinum alloy.
Here is an example.

04 gallery l 06 gallery l 08 gallery l latest Gallery l for sale l sold l wedding bands
phillipschmidt.com l platinumsmith.info l platinumschmidt.com l Gold and Silversmith guild of Australia

Ph   +61 3 9663 0777 - Suite 808A, Level 8, 125 Swanston Street Melbourne, Victoria, Australia 3000. 
Email   Phillip Schmidt


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