The Realistic Math: Large, hollowed-back custom pendants actually weigh much less than they look. If a $24,000 pendant looks massive but only contains 150 grams of gold due to a hollow design:\(\frac{\$24,000}{150\text{\ grams}}=\mathbf{\$160.00}\text{\ per\ gram}\)\(\frac{\$160.00\text{\ retail\ price\ per\ gram}}{\$76.37\text{\ melt\ value\ per\ gram}}=\mathbf{2.09}\) and Assuming a 14K solid version costs a standard custom retail price of $24,000 and weighs an estimated 400 grams:\(\frac{\$24,000}{400\text{\ grams}}=\mathbf{\$60.00}\text{\ per\ gram}\)By dividing the jeweler's retail price per gram by the actual gold value, we can find out the pricing ratio:\(\frac{\$60.00\text{\ retail\ price\ per\ gram}}{\$76.37\text{\ melt\ value\ per\ gram}}\approx \mathbf{0.78}\)
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