What does the Suggested Retail Price mean? Is it what the item actual worth?
It means what it says. Manufacturers usually provide higher markup for various purposes such as insurance. And this may vary greatly from place to place. It does not mean the actual cost of producing this piece of jewellery, therefore, the evaluation of this piece by a local jeweller usually will be lower than this price. You do not expect to pay full amount of this price to purchase this piece. After all, all our auctions start at $0.99 with no reserve. Good luck and happy bidding.
