5 Replies
mattw282
mattw282•4mo ago
Not too bad. Check the spot price for silver and roughly multiply it by 2.5-3 as a guide.
🎄Chr00stmas Assri🎄
Preciate the help I just checked and it says that chain weighs 115 grams Google says the spot price for silver is currently $0.74 So multiply by 115 would be around 85 bucks Idk if that means the chain is overpriced or if it could cost that much due to some other factor
mattw282
mattw282•4mo ago
take the spot price for silver, multiply it by weight, multiply that by 2.5-3 (to take into account the profit margin and other overheads such as paying people to make it, advertising, storing and stocking it etc) you missed a step the 55cm is priced at $160 as I see it, which means this is a fairly reasonable price based on todays spot price given cost of the metal alone.
🎄Chr00stmas Assri🎄
Ooooh I see My bad
mattw282
mattw282•4mo ago
I didn't explain it well!