Van Cleef & Arpels: Current Worldwide Prices

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Ugh, that's annoying. I've done that as well which stinks. I did get the two motif pave/RG grey MOP earrings in 2018 and noticed a few months afterwards that they'd gone down about $900. I did complain to my SA, and she was kind enough to give me $900 as a store credit. I wish I'd complained in 2016!
I bought my pieces early in 2016, so too far apart from 2016 SEPTEMBER PRICE DECREASE for adjustment :tdown: :sad:
 
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The price of gold is extremely high. I am sure they had a supply of gold purchased before the high prices, but any new gold they have to buy is at very high prices, over $1900 an ounce! So I was expecting a price increase, but I had hoped because of COVID and the economic problems it has caused that they'd wait until 2021. So much for that thought!
 
The price of gold is extremely high. I am sure they had a supply of gold purchased before the high prices, but any new gold they have to buy is at very high prices, over $1900 an ounce! So I was expecting a price increase, but I had hoped because of COVID and the economic problems it has caused that they'd wait until 2021. So much for that thought!
Again : Most luxury jewellery and watch brands trade gold. The biggest profit they make is from volatility i.e the price skyrockets or dips down. They hedge against the price of gold. So they made massive profits in time like this. I mentioned this on the price increase thread. So no the price increase is not driven by the price of gold going up in reality. Even though they want you to think so so you think the price increase is justified. ( VCA sends an assassin for exposing their secret in 3,2,1...) hahaha
 
The price of gold is extremely high. I am sure they had a supply of gold purchased before the high prices, but any new gold they have to buy is at very high prices, over $1900 an ounce! So I was expecting a price increase, but I had hoped because of COVID and the economic problems it has caused that they'd wait until 2021. So much for that thought!
Average out...to keep our jewelries price low.. We can't time vca prices increase but we can buy gold as it drops..
 
Again : Most luxury jewellery and watch brands trade gold. The biggest profit they make is from volatility i.e the price skyrockets or dips down. They hedge against the price of gold. So they made massive profits in time like this. I mentioned this on the price increase thread. So no the price increase is not driven by the price of gold going up in reality. Even though they want you to think so so you think the price increase is justified. ( VCA sends an assassin for exposing their secret in 3,2,1...) hahaha

I get the premise of that, but it's doubtful anyone always profits from gold trading 100% of the time. Certainly the increases weren't only or primarily due to gold prices and I should have said that. I doubt many people predicted a pandemic this year. Sales were surely way down this year. They have many increased expenses over time aside from gold such as rent of buildings, employee salaries, taxes, etc. The fact that VCA had a decrease in 2016 and kept those prices for 4 years was quite good compared to what other luxury brands such as Chanel have done within that time frame. I don't like the timing of this increase as a consumer at all, but I realize prices don't stay the same forever. I can see that prices don't matter to the people with unlimited money. But in my case, I'll just be buying fewer items at the increased prices. I won't be playing that game.
 
I get the premise of that, but it's doubtful anyone always profits from gold trading 100% of the time. Certainly the increases weren't only or primarily due to gold prices and I should have said that. I doubt many people predicted a pandemic this year. Sales were surely way down this year. They have many increased expenses over time aside from gold such as rent of buildings, employee salaries, taxes, etc. The fact that VCA had a decrease in 2016 and kept those prices for 4 years was quite good compared to what other luxury brands such as Chanel have done within that time frame. I don't like the timing of this increase as a consumer at all, but I realize prices don't stay the same forever. I can see that prices don't matter to the people with unlimited money. But in my case, I'll just be buying fewer items at the increased prices. I won't be playing that game.
They had decrease in Asia in Niov 2018 too. And yes massive amounts of money are made in times like this. Retailers were exempt from paying rent for the whole of the lockdown periods plus the salaries of the employees were up to 75% percent covered by the local governments in different countries. True that sales were down big time. The price increase is based on pure greed. Sad but true.
 
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