The jewellery value of it comes exactly from what you wrote. Like you could buy a $15 Casio wrist watch and it will tell you time just fine, but if you buy a R

The jewellery value of it comes exactly from what you wrote. Like you could buy a $15 Casio wrist watch and it will tell you time just fine, but if you buy a Rolex you aren't exactly paying for time keeping. The value here is not time or time keeping, it is meant to show the wages and expenses of people/resources taken to produce it up the chain. It took X slaves to produce this.