First, my appreciation to each of you who responded to my question yesterday, HOW MUCH DO I CHARGE? If you read the comments, the opinions ranged widely on a reasonable fee to engrave twin messages on twin, solid gold shot glasses…’shot golds!’
By early evening I had decided on a figure, based on a formula provided by an attorney and financial guy who took my Seminar and is actively engraving when his time allows. I applied a figure of $12. per word for the 8 word message on each, plus 8% of the total value. That brought the figure to $776. per piece. I emailed the quote to the secretary who brought them yesterday, and took them back with her for safekeeping overnight. Early this morning I got a reply, ‘we’ll have to pass.’
I suppose when you’re worth only $8.5 billion, you have to watch your expenses!
Too bad. These classic one-of-a-kind pieces will be given ‘naked’ of the special message to a special friend on his 50th. Just another pair of off-the-shelf nice gold shot glasses will be the appearance to the recipient.
Thanks, again. Keep watching. I know there are legions of financial ‘whales’ out there, with endless opportunities for this service and skill that is STILL the best-kept secret! Now, I’m on the chase.
I’ll keep you in the loop.
Ken
Did you explain to her how you arrived at the figure? What range was she anticipating?
Would have loved to have seen the completed work… And I would not have charged the $2500.00 (I figured that price by roughly 15% the total price of the two cups). I probably would have passed on the job myself though!
Their loss!
Ok. Let me get this straight. The guy is worth $8.5 BILLION, with a capital B. He pays $17,000 for the shot glasses. 2 shot glasses, no more. Tried to lowball on the engraving by giving them to someone who evidently had no idea what they were doing, and as the poster said, had the extra cost afterwards of having them recast.
You get what you pay for. Would love to know what they charged….and did they actually pay them.
Brings them to THE MAN to be masterfully engraved like no other, making the value even more priceless to the receiver, and he balks at $1550.
Unbelievable.
Wonder if he separates his 2-ply toilet tissue…… 😉
Cheri