On Silver, Jewish Jewelry, and Bilbo Baggins???

Posted by naama on April 7, 2011 under Baltinester Jewelry, Jewish Jewelry, Judaica, Judaica Gifts | Be the First to Comment

Bilbo BagginsA friend of ours, lets call him “N”, is a Judaica gifts manufacturer. His specializes in silver Kiddush cups, silver candlesticks, silver Menorahs, and more. N’s warehouse was recently broken into and absolutely cleaned out!. Can you imagine coming to work one morning and discovering that your livelihood has disappeared?

You’re first thought is probably “Poor guy, but I’m sure he has insurance.” You’re right, I’m sure he does have insurance. But above and beyond the headache of putting in a claim to the insurance, there’s also the heartache of so many hours of effort and hard work gone down the drain.

This was not a random break in; this was a planned and targeted burglary. Why him? Why now? Because of the constantly increasing price of silver.

The global market price of silver is literally skyrocketing. The price of silver keeps climbing higher – percentage wise, it’s rising even more than gold (!). This is why N’s warehouse was targeted: so that the burglars could steal the silver – for its worth as raw material – and sell it on the black market to the highest bidder.

Some Unbelievable Numbers

In the past year alone the price of silver has gone up %100. That’s right – you read correctly. If in April 2010 you bought a silver Kiddush cup from us as a Bar Mitzvah gift for $250, this week in April 2011 that same Kiddush cup costs $500. The same amount of work goes into it, but the cost of raw materials is so much higher.

Why Are We Telling You All This?

We’re telling you all this because we care about our customers. We want you to know why you’re seeing higher prices advertised on our website. You know us as an honest, reputable, jewelry establishment that’s been selling Jewish jewelry and Judaica gifts for over 60 years, and we want to keep it that way.

In “Lord of the Rings: The Fellowship of the Ring” (2001) there’s a scene where Gandalf the Grey tries to convince Bilbo Baggins to give him the famous One Ring so that the journey to destroy the ring can begin. In one of the great famous quotes from the movie Gandalf changes his tone and says: “BILBO BAGGINS! Do not take me for a conjurer of cheap tricks! I am not trying to rob you, I’m trying to help you.”

This is the case with us here at Baltinester Jewelry: we’re not trying to rob you. We want you to know why prices have changed.

You know we only sell best quality merchandise. Whether it’s Roman glass jewelry, handmade gold jewelry, name necklaces, diamond jewelry, or anything else from our catalog – you know the items are handmade with the utmost care, paying close attention to every detail.

Remember that we’re always here for you for any question or request. Always feel free to contact us about an item you’ve bought previously or you wish to buy. You can also just write us to say hi and tell us how you’re doing. And if you’re in Israel – come visit us in person. Special treatment and special prices, guaranteed.