The Rising Cost of Silver has had a
Real Impact on the Jewelry Business.
****** Update 3/30/2026
My previously posted cost for men’s cuffs is changing due to the rising cost of the silver.
When I started Broadus Crafts the price of silver was around $25.00 per ounce, today it is $100+ per ounce and slated to rise even higher. So to replace any of my inventory or create new pieces I must pay about 4 times as much for the raw materials. As much as I hate to do this I am forced to increase the cost of my existing pieces to stay in business. For comparison, the bracelet cuff that I wear everyday, was initially retailed at $325.00, using the same costing structure it would now retail at $995.00. This reflects the rising cost of silver and I expect the cost of silver to do nothing but increase in the future.
Until the cost of silver stabilizes you will see varying cost prices. I do not expect them to be 4-times as much as my original costs, but significantly more.
Remember that what you are buying in handcrafted jewelry is its uniqueness, value and expression of both the art and craftmanship of the creator.
Thanks for your support.
Joe B