As silver prices soar, Native American jewelry makers find it difficult to invest in silver as a jewelry resource material. Sterling silver jewelry items at Native-American-Jewelry.org continue to be priced at levels that were set a decade ago.
Online PR News – 05-August-2011 – – Silver price now surpasses $40 per ounce. Native-American-Jewelry.org has sterling silver jewelry items at prices that were set when raw silver was priced at less than $20 per ounce. These prices have not been increased to cover replacement costs, making Native American jewelry from this online vendor extraordinary great values.
As silver prices soar, they are rapidly exceeding the ability of Native American jewelry makers, such as Navajo jewelry artist Benny Ration, to invest in silver as a base material. Will sterling silver cease to show up in Native American jewelry? We have seen gold all but disappear from Native American jewelry as a result of it's sky-rocketing price levels.
Native American artists must pay suppliers in advance for materials to use in their pins, pendants, bracelets, necklaces and earrings. Most artists don't have the cash flow to purchase silver at $40 per ounce, considering there always is a risk that the final product may not sell for months. Or at a price that recaptures the artist's initial outlay.
On the other hand, Native-American-Jewelry.org, a major dealer in Native American jewelry, still offers authentic, hand-made sterling silver jewelry at prices reflecting the cost of silver prior to recent increases, as low as $10.00/oz in 2007.
Beautiful examples of Native American sterling silver jewelry, finished with inlay of natural turquoise, coral, shell, malachite, lapis lazuli, sugilite and mother of pearl, are displayed on the Native-American-Jewelry.org website.
When replacements are acquired, overall prices are expected to go up.
Proprietor Susanne Waites says, “With the highest precious metal prices since we entered the business 31 years ago, and the prospect of more increases on the horizon, this is an excellent time to acquire Native American jewelry, if you can find it at pre-inflation prices. In addition, the items in our selection are among the finest, created by some of the greatest Navajo, Zuni, Isleta and Kewa jewelry artisans.”
Native-American-Jewelry.org is the updated web site of Native-Jewelrylink, offering online purchases of authentic Native American hand-made jewelry. The parent company, Aboriginals: Art of the First Person is headquartered in Fort Myers, FL. Aboriginals also operates web sites offering Native American Pueblo pottery, Zuni and other American Indian carvings, African tribal art, Australian Aboriginal art, Navajo folk art and Arctic/Inuit art. Aboriginals has been dealing in tribal art 1979.