Can’t imagine a better way to figure out how value works on jewellery through an auction.

Rebecca and Zoe organized a silent auction for our MA students, which helped us to get deep understandings of value.

For the auction, everyone made a piece of jewellery in one and a half hours, then displayed them in the auction. Then everyone give the “Money” (they were actually notes with any amount of money we’d like to mark on) to the 5 pieces of jewellery they would like to buy, with their evaluated price.

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The most interesting thing was most of us actually realized that only the jewellery was not enough, we need advertising, good display or a supporting story for our jewellery as well.

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Jewellery were valued in different ways. We take precious of a jewellery not only because it’s commercial price, but also the emotional connection we feel, the story that means something and the happiness it could bring us.

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