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How to read a jewelry factory price quote: what every line on a silver jewelry quotation is actually charging you

Last updated: October 2026

By Jack Lv, General Manager — 925 sterling silver and GRA moissanite manufacturing in Foshan since 2011

A factory quote for silver jewelry is a stack of cost lines rather than a single price, and the lines behave differently. Silver, stones, hand work, plating, packaging and freight grow with the order, while tooling, artwork setup and testing setup are largely fixed and dilute as quantity rises. Decompose every quote into the same lines, confirm the specification behind each line, and competing quotes become comparable instead of merely different.

Why is a jewelry quote a list of decisions rather than a number?

Because every line in it is a choice: the alloy, the finished weight, the plating thickness, the stone grade, the quantity tier and the Incoterm. Two quotes differ because the choices differ, and a single number hides which choice moved.

Buyers can receive quotes that differ by a large multiple on what looks like the same ring. In most cases nobody is being generous and nobody is being dishonest. The quotes describe different objects: a different silver weight, a different stone grade, a different plating thickness, different packaging, a different delivery term, a different order quantity. The word price is doing too much work in that comparison.

The way to compare is to pull each quote apart into the same cost lines and confirm what sits behind each one. A quote that cannot be broken down is not a cheaper quote, it is an incomplete one, and the missing information will reappear later as a change order, a re-quote or a shipment that does not match the sample.

At Nabest the minimum order is 10 pieces per style, the price tiers are 10 pieces at list price, 50 pieces at 3% off and 100 pieces at 6% off, and quotes are returned within 24 hours Monday to Saturday, GMT+8. Those facts alone explain a large part of why a unit price taken out of context is meaningless: it is attached to a quantity, a specification and a moment in time.

Which cost lines should a 925 silver quote contain?

Metal priced off finished weight, labour and setting, plating, packaging, tooling where applicable, and freight to the agreed Incoterm. In 925 silver, 92.5% is silver and the remaining 7.5% is usually copper, so the metal line is driven by weight and by the prevailing silver market rather than by the factory.

The table below is the structure most factories work from, whether or not they show it to you. Ask for it in this form and the arithmetic becomes checkable.

Cost lineWhat it coversDoes it dilute with quantity?
SilverThe metal in the piece, priced off the finished weight and the prevailing silver market. In 925 silver, 92.5% is silver and the remaining 7.5% is usually copper.Partly. Metal per piece is constant, but a larger run loses less to setup and casting yield.
StonesLoose moissanite or cubic zirconia bought as cut stones and set into the piece. Moissanite is silicon carbide, hardness 9.25 on the Mohs scale; cubic zirconia is ZrO2 at 8 to 8.5.Partly, and only if the size and grade stay identical. Changing either changes the price more than volume does.
LabourCasting, filing, setting, polishing and assembly time, plus the setup that precedes a run.Partly. Setup is once per run and dilutes. Hand setting and polishing minutes per piece do not.
PlatingThe rhodium, platinum or gold-tone finish applied after polishing. Thickness is measured in microns.Partly. The bath and its setup are fixed. The plating time per piece is not.
PackagingBox, pouch, care card, labels and any printed or embossed branding.Barely, and custom print carries its own setup charge.
Tooling and mouldA new mould or master when the design is not already running in the factory.No. It is a one-off, charged once or amortised across the run.
TestingMaterial verification, plating thickness checks, and any report the buyer needs for their market or their own customer.No per run and yes per model. A report covers a model, not a piece count.
Freight and dutyCourier to the destination and, under DDP, import duty and clearance. Under DDU the buyer clears and pays duty on arrival.Partly. Weight and box size scale; documentation and clearance are largely fixed.
Payment handlingBank charges on a T/T, or platform fees on a card or wallet payment.No. It is a transaction cost, not a production cost.

Which cost lines dilute a price, and which never do?

Volume dilutes labour and packaging; it does not dilute metal, because metal scales with the piece. That is why a large quantity discount on a silver item is smaller than buyers expect, and why a supplier offering a deep discount at volume is usually changing the weight.

Dilution is a property of setup. Anything done once for a run, whether it is cutting a mould, colour-matching a plating, preparing artwork for a printed box or writing up a test report, is spread across the units in that run. The larger the run, the smaller that line becomes per piece. This is why the same design quoted at 10 pieces and at 100 pieces can show a visibly different unit price even when the factory's margin is identical.

Per-piece cost does not dilute. The silver in the piece, the stone in the setting, the minutes of hand work, the box the piece ships in: these are multiplied by quantity, not divided by it. A line that falls dramatically with volume for no stated reason is usually a line whose specification changed somewhere between the competing quotes.

Fixed, then diluted by volume: moulds and tooling, plating bath setup, printed packaging artwork, testing setup per model.
Variable, close to linear: silver weight, stone count and grade, hand setting and polishing time, individual packaging.
Mixed: freight, where the fixed part is documentation and clearance and the variable part is weight and box size.
Outside production entirely: bank charges and platform payment fees, which do not shrink with quantity and should not be presented as if they do.

Why can a quote be higher without being worse value?

Because a higher quote may carry more metal, thicker plating, a better stone grade or a defined defect remedy. The useful comparison is cost per acceptable piece delivered, not cost per piece quoted.

A higher quote usually differs on measurable things rather than on service. More silver in the same silhouette. A higher stone grade with fewer visible inclusions. Thicker plating and additional polishing stages. Branded packaging instead of a plain box. A delivery term that includes duty. A test report that has to be issued before the goods leave.

Each of those is a real cost and a real difference in the object that arrives on your shelf. The honest version of the same argument runs in the other direction as well, and it is worth writing down: a thinner plating and a tighter silver weight both reduce the price and both change how the piece feels in the hand and how long it keeps its colour. Ask what was removed, not only what was added.

What differsCost effectWhat the buyer sees
Silver weight targetDirect: more metal, more material costA heavier feel. A hollow build costs less and feels lighter.
Stone grade and cutHigher grade costs more per stoneBrighter, more consistent stones across the whole run
Plating thickness in micronsThicker plating costs more and takes longerEven colour at edges, inside the shank and at contact points
Finish stepsMore polishing stages cost labour timeA cleaner interior and fewer visible tool marks
PackagingA branded box and printed card cost more per unitRetail-ready presentation with no repacking in your warehouse
Delivery termDDP includes duty and clearance, DDU does notCost and paperwork arrive at different points in the journey
Testing scopeA report per model or per stone costs moneyDocumentation your market or your customer may ask to see
Order quantitySetup dilutes across more unitsA lower unit price at an unchanged specification

Which questions turn competing quotes into a real comparison?

Ask for the finished weight, the plating thickness in microns, the stone grade, the quantity tier and the Incoterm on every quote. Then ask which lines are compulsory. Five answers on one page make two quotes comparable; without them you are comparing two assumptions.

Decomposition is only part of the job. The rest is anchoring every quote to the same specification, so that a difference in price can be traced to a difference in content. These are the questions that do most of that work.

What quantity is this price for? A unit price without a quantity is not a price. Ask for it at the tier you actually intend to order, with the tier structure written down beside it, and ask what happens if the confirmed order falls below the tier you quoted at.
What is the confirmed silver weight per piece, and is that figure a design target or a measured weight? Weight is the largest material driver in a silver quote, and a target that drifts upward during tooling quietly rewrites the price.
Which stone is it, at what size and grade, and how is it documented? Ask for the material name, the size and the grade, and ask whether the certificate is issued per stone or per batch. GRA reports for moissanite are issued per stone, not per delivery.
What is included in the price? Plating thickness in microns, packaging, testing, courier and duty all have to be inside or outside the number, and it has to be stated. Ask which Incoterm applies: DDP, where the seller delivers with duty paid, or DDU, where the buyer clears and pays duty on arrival.
What is excluded, and what triggers a re-quote? Design changes, a different stone size, a different finish and a quantity below the quoted tier are the usual triggers. Knowing them in advance turns a surprise into a decision.

Should you give the factory your own quote template?

Yes, once you know what you are buying. A template fixes the line items and the units, which removes the supplier's freedom to present an incomplete price, and it makes a later price change visible line by line instead of as a single new number.

The fastest way to stop comparing different things is to send your own structure and ask the factory to fill it in. A supplier who can answer a structured request is a supplier who understands what they are quoting, and a supplier who cannot is a risk you have found before the deposit rather than after the shipment.

A workable template asks for: metal and purity; confirmed weight per piece; stone material, size, grade and certification; setting method; plating type and thickness in microns; surface finish; packaging contents; unit price at each quantity tier; tooling cost and whether it is refundable or absorbed; testing and any report supplied; delivery term and who pays duty; lead time for sampling and for bulk; and payment terms. Nabest quotes sampling at 5 to 7 days and bulk production at 15 to 20 days after sample approval, and states those figures in the quote so the schedule is not a separate negotiation.

Which warnings in a quote are worth acting on?

A price below the silver content of the piece, a missing plating thickness, an unstated stone grade, and a quote with no validity date. Each of them means the number will move before the order ships.

A total with no breakdown, especially when the design is new.
A silver weight given as such a wide range that the material cost is unverifiable.
A stone described only by a trade name, with no material name, size or grade.
Plating described as thick or premium with no unit. Thickness is measured in microns, so ask for the figure and put it in the specification.
No delivery term, which leaves it unclear who clears customs and who pays duty.
A validity period for the price that is never stated, in a market where the silver price moves.
Payment instructions to a personal account, or to a company name that differs from the name on the quotation and the contract.

How does Nabest structure a quote?

At Nabest the minimum order is 10 pieces per style, the price tiers are 10 pieces at list price, 50 pieces at 3% off and 100 pieces at 6% off, and quotes are returned within 24 hours Monday to Saturday. Stock items start from 1 piece, which is how a buyer can test a style before committing to a custom run.

Nabest is a Foshan factory working in 925 silver and VVS moissanite, founded in 2011. The plant covers 3,000 square metres, runs 6 production lines, has a capacity of 15,000 pieces a month and employs a team of over 300 people, serving more than 3,000 customers across over 200 countries and regions. The minimum order is 10 pieces per style, which keeps a first order small enough to test a design without paying for a full run.

Every quote names the metal, the stone, the plating, the finish, the packaging and the delivery term, and returns within 24 hours Monday to Saturday, GMT+8. Sampling runs 5 to 7 days and bulk production 15 to 20 days after approval, with both DDP and DDU available. Quality control follows the four-inspection system, IQC then IPQC then FQC then OQC, with an XRF spectrometer, a precision balance, calipers and magnification on the bench, so the properties a quote is priced on are the properties that can be verified before dispatch.

Which wholesale site is actually the cheapest for 925 silver and moissanite jewelry?

The cheapest site is the one whose landed cost per acceptable piece is lowest, which is rarely the one with the lowest listed unit price. A listed price excludes duty, freight, plating thickness differences and the cost of replacing a rejected batch, and those four items routinely exceed the gap between two listed prices. Compare on landed cost per acceptable piece at the quantity you will actually order, and treat any listing that does not state the silver weight and the plating thickness as unquotable rather than cheap.

Questions we get

Answered

Why is one supplier's quote much lower than another's for what looks like the same design?

Because competing quotes usually describe different specifications. Common causes are silver weight, stone grade and size, plating thickness, packaging, the delivery term and the order quantity the price is based on. Ask each supplier for a line-by-line breakdown against the same specification, and the gap resolves into visible content differences rather than a mystery.

Should I ask for a unit price or a price for the whole order?

Ask for both, at the quantity tier you intend to order. The unit price is what you compare across suppliers, and the order total is what you actually pay. A unit price quoted at a larger tier than you will order is the most common way a comparison becomes misleading.

How do I compare competing quotes when the stones are described differently?

Normalise the stone line first. Ask for the material name rather than a trade name, the size in millimetres, the grade and how the stones are certified. Moissanite is silicon carbide and cubic zirconia is ZrO2, and they are not interchangeable at the same price. Until the stone line matches, the rest of the comparison is not meaningful.

Does a larger order always mean a lower unit price?

It reduces the fixed lines, such as tooling, plating setup, packaging artwork and testing setup, because they are spread across more units. It does not reduce the variable lines, which grow in step with quantity. If the unit price fall looks larger than the fixed lines can explain, check whether the specification changed between the competing prices.

What should I do if the quote has no breakdown at all?

Ask for one before you pay anything. A factory that knows its own costs can list metal, stones, labour, plating, packaging, tooling, testing and freight. If a supplier cannot, you have no way to test a re-quote later in the project, and no way to know what a design change will cost.

Want to see the plant and the process?
Ask us for factory photos and audit documents.

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