How is Menē jewelry priced?Updated an hour ago
Menē jewelry is transparently priced by gram weight. The total value of items is comprised of two important figures:
- Menē Daily Precious Metal Value - This is the value of the pure gold and platinum within each jewelry item. This value becomes yours upon purchase and serves as accessible savings for the future. This value is based on our spot price and is calculated by multiplying the pure metal weight by the price of gold or platinum per gram.
- Menē Fee - This is the fee that Menē earns on each piece sold, which is approximately 30% of the total value of each item. This fee includes all design, manufacturing, shipping, and insurance costs.
Our revolutionary pricing system, combined with pure 24 Karat gold and platinum designs, enables us to easily value, Buyback, and exchange any Menē piece in the future. You can track the value of your jewelry once purchased and initiate a buyback if desired in the My Collection section of your Menē account dashboard.