My wife has been gifted three small gems - not sure what they are - and wants them set into a half Baht gold ring. We have been quoted 10,600 Baht to do this and I'm wondering if this is a reasonable price. The gold should cost less than 7000 Baht at current prices so we are being quoted 3,600 baht for the work. This seems a bit excessive as when buying 'ready made' jewelry the cost of manufacture is usually only a small percentage of the gold cost.

Anyone know if this is a reasonable charge or is a rip-off factor operating? I don't think that this is a dual pricing scam, by the way, as my wife went to the shop alone so there is no farang involvement.

Thanks,

DM

My wife has been gifted three small gems - not sure what they are - and wants them set into a half Baht gold ring. We have been quoted 10,600 Baht to do this and I'm wondering if this is a reasonable price. The gold should cost less than 7000 Baht at current prices so we are being quoted 3,600 baht for the work. This seems a bit excessive as when buying 'ready made' jewelry the cost of manufacture is usually only a small percentage of the gold cost.

Anyone know if this is a reasonable charge or is a rip-off factor operating? I don't think that this is a dual pricing scam, by the way, as my wife went to the shop alone so there is no farang involvement.

Thanks,

DM

It sounds a bit pricy to me, why not try other gold shops for a quote, that will answer your question about are you being ripped off.

My wife has been gifted three small gems - not sure what they are - and wants them set into a half Baht gold ring. We have been quoted 10,600 Baht to do this and I'm wondering if this is a reasonable price. The gold should cost less than 7000 Baht at current prices so we are being quoted 3,600 baht for the work. This seems a bit excessive as when buying 'ready made' jewelry the cost of manufacture is usually only a small percentage of the gold cost.

Anyone know if this is a reasonable charge or is a rip-off factor operating? I don't think that this is a dual pricing scam, by the way, as my wife went to the shop alone so there is no farang involvement.

Thanks,

DM

It sounds a bit pricy to me, why not try other gold shops for a quote, that will answer your question about are you being ripped off.

Yes, I've suggested that she should do this. It would be good to get some idea of the 'proper' price though.

DM