EYE OF THE WOLF

What determines a "THINGS" value and price?
  1. Do you need it? Commodity
  2. Do you want it? luxury
  3. Does someone else want it?---Demand
  4. How many are available? ----Supply
  5. How deep are the pockets of those that want it? Disposable income.
  6. Is it of good craftsmanship? Quality
  7. Is it of good materials? Quality
  8. How bad does the seller want to sell it? This lowers the value.
  9. Cost of raw materials.
  10. Level of skill required to make it.
  11. Time required to make it.
  12. Free Artizan versus slave labor. Or rate of pay.
  13. Competition level.
  14. Location of sale.
  15. Uniqueness of item. Named, one of a kind.
  16. Profit margin, set or free floating.
  17. Overhead, Taxes, Expenses.

Eye of the wolf--
I was in the "The Blue Heron" in Florence OR.
This is one of the nicest Art and Jewelry stores I've ever seen.
The owner has exquisite taste, and the local artists are all outstanding.
The interior is well lighted,
not crowded and the display cases are works of art in themselves.
The store is located at one end of the "old town" tourist area of Florence.
The "location" is excellent.

I was admiring a large yellow oval cut loose sunstone.
The price listed was $600.00.
I knew I had some high grade yellow sunstone with schiller, on hand at home.
Schiller is microscopic copper inclusions,
that give a red flash when the sun is at the right angle. It adds value.
Rough sunstone from the mine runs $12.50/carat,
the rough stone weighed 5 carats.
Cost of material = $62.50
I went home and proceeded to cut me an equivilent gemstone.
I spent 20 hrs cutting and polishing.
I'm an artizan, not working for slave labor wages.
It was a labor of love, not a "I have to make a living" situation.
Its dimensions were--12mm x 9mm at 3.5 carats.
Everything went fine untill I cut the last 4 end facets on the crown.
At that point my dyslexia kicked in and I reversed a setting.
Serendipity!! What this accomplished was--first I don't know the setting,
so it can't be duplicated. Its a unique one of a kind gemstone.
Second-- the ends of the crown have the appearance of a wolf face.

The wolf is my totem animal, I like wolf shirts etc.
Which means I don't want to sell it.
A gemstone is a luxury item not a commodity.
You don't "need" it, you just "want" it.
So the question is how much would have to be offered before I would consent to sell it.
Unique Gemstones can be considered under the heading of "Fine Art".
Fine art has no upper limit on potential value.

So it comes down to what would I value more than that unique gemstone.
The only thing I can think of would be
"Financial peace of mind for my entire family".

"EYE OF THE WOLF SUNSTONE".
I would set a reserve price at $75,000.00
If more than one deep pocket bidders were interested
it could go a lot higher.
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