{"id":4277,"date":"2011-03-21T10:36:15","date_gmt":"2011-03-21T14:36:15","guid":{"rendered":"http:\/\/blog.uncommongoods.com\/?p=4277"},"modified":"2011-03-21T10:36:15","modified_gmt":"2011-03-21T14:36:15","slug":"silver-it%e2%80%99s-pretty-it%e2%80%99s-shiny-but-isn%e2%80%99t-cheap","status":"publish","type":"post","link":"https:\/\/www.uncommongoods.com\/blog\/2011\/silver-it%e2%80%99s-pretty-it%e2%80%99s-shiny-but-isn%e2%80%99t-cheap\/","title":{"rendered":"Silver: It\u2019s pretty! It\u2019s shiny! But, it isn\u2019t cheap."},"content":{"rendered":"

The votes are rolling in, and we\u2019re excited that you\u2019re speaking up and letting us know what you love, through our recently launched community voting app<\/a>.<\/p>\n

Your comments help us make better choices when it comes to what we feature on our website and in our catalogs, and we love the feedback that\u2019s been coming in. A few comments and questions have been popping up time and time again, and we\u2019re ready to get in on the conversation!<\/p>\n

One of the big questions since we launched our voting tool is \u201cWhy is this silver item so expensive?\u201d<\/p>\n

\"Jump<\/a><\/p>\n

<\/p>\n

A lot of factors influence the price of our products. Keep in mind that many of these items are handmade by talented artists\u2014from the Trophy Cat and Dog Necklaces<\/a> by Mark Poulin<\/a>, to the Personalized Key Necklace<\/a> by Emily Rosenfeld<\/a>, or the Jump Rope Girl Necklace <\/a>by Anna Sabino\u2014a great deal of time and skill is poured into each piece.<\/p>\n

It\u2019s true, that some handmade items cost more than others, and silver items are generally expected to cost a bit more than some of the other handmade products featured in our app.<\/p>\n

Unfortunately for lovers of that unparalleled smooth, metallic-shine, the price of silver is on the rise, and has been for some time now.<\/p>\n

According to an article from Stock Market Educator<\/a>, silver was very inexpensive before the 1970s. An ounce of silver cost only $1 in the early 1900s. Although the price of silver rose throughout the 20th century, the big boom didn\u2019t hit until 2001. There are a lot of reasons for this increase in silver costs, but a big one is the rise in technology. That\u2019s right, the silver in our cell phones and laptops is raising the cost of bling.<\/p>\n

\u201cThe value of precious metals has risen by 365 per cent over the past decade,\u201d explains an article on the Financial Times website<\/a>. The greatest increase? The price of silver. Silver prices rose by 80 per cent in 2010.<\/p>\n

Just a few weeks ago, on March 7, silver prices increased $0.75 per ounce. \u201cThat’s up over 17% from the start of the year,\u201d CNN Money<\/a> explains.<\/p>\n

Silver prices aren\u2019t expected to drop anytime soon. According to The Market Oracle<\/a>, silver could reach $40 per ounce in 2011 and as much as $400 per ounce by 2015. The good news is UncommonGoods has silver for jewelry-lovers in all price ranges. So let us know what you think across the board, from Anna Sabino\u2019s Alphabet Studs<\/a>, at an estimated cost of just $19 each, to the Birthstone Bracelet<\/a>, at an estimated cost of $180, by Catherine Weitzman<\/a>\u2014and next time you treat yourself to sparking new ring or a bold pendant, consider it an investment!<\/p>\n

\"Birth<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Considering the cost of silver, and the time and effort put forth by silversmiths and jewelers.<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[350,351],"_links":{"self":[{"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/posts\/4277"}],"collection":[{"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/comments?post=4277"}],"version-history":[{"count":0,"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/posts\/4277\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/media?parent=4277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/categories?post=4277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uncommongoods.com\/blog\/wp-json\/wp\/v2\/tags?post=4277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}