2010 update: Platinum markets have been fluctuating dramatically over the past several years. It would take a team of elves to keep pricing updated even on this small site. You can Google "platinum prices" to see current market prices. Then:
The cost of a workshop, platinum, and sales tax for a pair of flat, 1.5mm thick rings, 4mm & 6mm in width:
$2126 at a platinum market of $1000/oz.
$2357 at $1200/oz.
$2591 at $1400/oz.
$2826 at $1600/oz.
$3061 at $1800/oz.
$3295 at $2000/oz.
Platinum is heavy, expensive, and is sold by weight. If your heart desires platinum but your budget does not, you can make lighter rings. Here are a few examples of prices for making rings of different weights. They are based on a market of $1232/oz:
$2425 6mm x 1.5mm & 4mm x 1.5mm
$2150 5mm x 1.5mm & 3mm x 1.5mm
$1950 5mm x 1.25mm & 3mm x 1.25mm
$1650 4mm x 1mm & 3mm x 1mm
These prices reflect your total fee, including workshop, precious metal & sales tax.
pricing different sized wedding rings
You are also welcome to make half-round bands.
Platinum Alloys
950 Pt/Ru - 95% Platinum with Ruthenium. Most wedding bands we make at my studio are of this alloy.
900 Pt/Ir - 90% Platinum with Iridium. We usually use this alloy when customers book late and Pt/Ru is not in stock at time of order. It is the alloy traditionally used in jewelry many years ago.
The price of 900 Platinum is about 5% lower than the 950 alloy. It is slightly softer and easier to work with. Color differences are minimal. I am happy to purchase 900 Platinum for customers on request. |
