I chose to work with the design of wedding rings because I was curious to experiment how it is to be a high-end jewelry designer. I learned a lot of new for myself. While working on process of making a wedding ring for “Dora Rings International” I learned what the market is and what women usually want. I learned more about the company and the strategy of the sales. Dora Ring International manufactures very high quality jewelry and has big variety of styles and materials. The company uses 3D printing technology with powder of precious metals. That’s why their rings look so perfect.

    I understood that is less art in this business than I was expected. Even If you spent a lot of time on creature of design, it might not going to work for the company. Precious metals prices are changing every day. Every precious stone is unique and costly. So you also have to count those matters to make your employer happy. That’s where the art process freezes..

    American males enter adulthood through a peculiar rite of passage – they spend most of their savings on a shiny piece of rock. They could invest the money in assets that will compound over time and someday provide a nest egg. Instead, they trade that money for a diamond ring, which isn’t much of an asset at all. As soon as you leave the jeweler with a diamond, it loses over 50% of its value.

   A diamond is a depreciating asset masquerading as an investment. There is a common misconception that jewelry and precious metals are assets that can store value, appreciate, and hedge against inflation. That’s not wholly untrue. When you buy a diamond, you buy it at retail, which is a 100% to 200% markup. If you want to resell it, you have to pay less than wholesale to incent a diamond buyer to risk their own capital on the purchase. Given the large markup, this will mean a substantial loss on your part.

   Gold and silver are commodities that can be purchased on financial markets. They can appreciate and hold value in times of inflation. You can even hoard gold under your bed and buy gold coins and bullion (albeit at a ~10% premium to market rates). If you want to hoard gold jewelry however, there is  typically a 100-400% retail markup so that’s probably not a wise investment.