Spot BenchWhat does a shop charge for a new spring ring clasp?
Worked at gold $4,166 · 18 Oct 2026
A new spring ring clasp is $46.38 on 18 Oct 2026, using a shop rate of $110 an hour (15 bench minutes) and a $4.00 replacement finding. Labour is $34.38 and finding is $12.00.
finding = $4 finding × 3 = $12.00
price = $34.38 + $12.00 = $46.38
last sheet = $34.38 + $12.00 = $46.38
gold added = $0.00
14k is 14/24. 20 dwt = 1 troy oz. 950 platinum is 0.95. Findings use the same 3× multiple and do not follow gold. Adjust your shop rate or minutes in the counter ticket to test your own numbers.
Worked breakdown
| Step | Figure |
|---|---|
| Bench minutes | 15 |
| Time add | 25% |
| Shop rate | $110 |
| Labour | $34.38 |
| Finding cost | $4.00 |
| Gold today | $4,166 |
| Finding | $12.00 |
| Counter price | $46.38 |
| Your last sheet | $4,150 on 02 Sep 2026 |
| Last sheet price | $46.38 |
| Gold added | $0.00 |
Questions at the counter
Why is the date on the price?
Every price wears its gold date. The stamp on this page reads gold $4,166 on 18 Oct 2026, so the number has a source.
What does a stale stamp mean?
Prices are stale when gold is past 10% from your last sheet. The stamp is dashed and says Stale.
Why does a spring ring repair use finding cost?
A spring ring is a pre-manufactured clasp component ($4 finding cost sample) rather than cast metal weight. Bench minutes cover unsoldering the broken ring and soldering the new clasp.
How is gold today set?
The worked example uses today’s spot gold and a sample shop rate of $110 an hour. Use the quick-tuner on this page or open the full counter sheet to enter any rate.
Who is the price for?
The shop at the bench. The customer counter sheet shows today’s price only. Your last sheet and gold added stay on the staff sheet.
All 12 worked bench estimates
Sample shop rate $110/hr · Gold $4,166/oz · 18 Oct 2026