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The term “high jewelry” is applicable to refer to fine jewelry work, especially distinguished by the refinement of design. And the products of such work are usually performed in one copy (exclusive), they use precious stones of the highest quality. The appraiser must clearly understand that mass-produced products cost much less than hand-made products with rare gems.
Exclusive products are always more expensive because the costs of their production are covered by one consumer, and not shared among many, as is the case with mass production. Continue reading