1. Rarity: Bakelite is an old plastic, and it is difficult to come by so many pieces from the 1920s through the 1950s, making them uncommon and desirable for vintage jewelry lovers.
2. Popularity: The resurgence of interest in Bakelite jewelry over the past decade has led to a rise in both demand and price.
3. Craftsmanship: The fact that some Bakelite jewelry was crafted by highly trained artisans utilizing complicated methods increases the value of that jewelry.
4. Condition: The condition is a significant factor in determining the piece's worth. Pieces that are in good shape and show little signs of use are more valuable than those that are heavily worn.
5. Brand: Bakelite jewelry crafted by well-known designers and brands is likely to command a higher price than similar pieces crafted by unknown artisans.
6. Style: The value of your Bakelite collection may be affected by the variety of jewelry you own
Overall, The price of Bakelite is determined by a combination of its rarity, popularity, condition, brand, and style, as well as other factors such as craftsmanship.