5 Important Facts You Should Know About Wholesale Silver Rings

Silver jewelry is making a strong comeback and right now, has emerged as a go-to option for young people looking to accessorize their wardrobes. Here's a look at five important facts to note if you want to venture into the business.

Many people that are abreast of pop culture see silver mostly as that metal that scares away vampires. As myopic (and fictional) as this perception is, silver is way more than that. It is a choice material for use in furniture, decorations, and more importantly, jewelry. A good look around a crowded public place and you will no doubt see more than a handful of people sporting silver bangles, bracelets, earrings, chains, and wholesale silver rings. In addition, handmade rings for sale are also growing in popularity.

Silver, due to a variety of reasons, has emerged as a material of choice for jewelry manufacture. This has made it so that alongside brass and copper, it is the most prized metal by jewelry makers worldwide. Irrespective of culture, good silver is appreciated for its subtle, understated beauty – especially when compared with some of its more expensive siblings ie gold.

In this article, we are going to briefly examine 5 facts about silver and how they translate into the business of whole sale silver jewelry. Sit back, relax, and enjoy the rundown.

Silver is cheap. Not in the sense that it is something that has little value, this statement only means that compared to other metals (like gold) and precious stones (like diamonds, pearls, and emeralds), silver is more affordable and easier on the pocket. At a current market price of below $30 an ounce (compared to more than $1350 for gold), silver is cheaper to mine, refine, and therefore, purchase. This means that you don't have to worry about the salability of your goods as pretty much any financially buoyant individual will be able to afford to purchase your product.

The market for silver jewelry is booming. From china to India to certain countries in Europe and Africa, there is a vast market for silver and silver products. A multitude of dealers and sellers worldwide handle the packaging and logistics of jewelry like wholesale silver rings to customers the world over. This means that with little research, you can find a partner from which you can purchase the items wholesale. They are well equipped to help you select the kind of silver you want to purchase, arrange for the amounts that you are looking for, package the goods, and ship them straight to the location of your choice. Just be alert to scams though, as a growing number of "suppliers" are really just scammers looking to make a quick buck by taking a payment without actually delivering the product.

Silver comes in different grades. A very erroneous (however popular) misconception is that silver is homogenous. This couldn't be farther from the truth as silver comes in different grades according to the intended use case. Quality marks are embossed on specific parts of large shipments and they indicate the quality of the silver being used. .999 silver is used to indicate that the metal has a silver purity of 99.9% and this is the purest silver available. However, because silver on its own isn't so hard, this kind will dent, scratch and change shape easily. This silver is best used for earrings and necklaces. .925 silver is perhaps the most common quality grade. It consists of 92.5% pure silver and 7.5% of copper and other trace elements. This is more fondly known as sterling silver. The other metals in the alloy are infused to increase the hardness and durability of the metal. This kind of silver is also popular for having the most desirable color associated with silver jewelry. The downside, however, is that it is also susceptible to tarnish. Other things to consider with regards to silver grades are the "silver-filled" and "Silver-plated" which are used to refer to two different ways in which silver can be infused with other metals (as such not pure silver).

Silver is durable. The metal will last for years without losing its shape, acquiring dents, or corroding. Good sterling silver can handle serious rigor and can even be passed down a generation. Processes like electrode ionization can render the metal even more resistant to corrosion as well as other kinds of deterioration brought on by the elements.

Silver is used in many kinds of jewelry. It is important to understand the different kinds of jewelry for which silver is used even before venturing into the business. Depending on what part of the world you want to set up shop, silver could be used for rings, bracelets, necklaces, charms, chains, watches, earrings, etc. It is imperative that you gain a robust understanding of the most popular use cases for silver in your particular target market. Doing this will ensure that your products stay relevant and appeal to your customers.

To conclude, entering into wholesale silver jewelry is not a business with a high barrier of entry. All it requires is a passion for jewelry and some before-hand knowledge of the nuances that a business like this inherently requires. It can be a very profitable venture when done right. Ensure that you acquire the right licenses and permissions required by the government in order to open up the business.