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Offline GCMTopic starter
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« on: February 28, 2011, 09:24:02 PM »
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Hello,
Recently I went to a jewelry store to sell some gold items. One item was a gold band, (made from Blackhills gold) that I purchased about 25 years ago, never worn. Value about $300. I was offered $8. melt value ! I just cannot believe that a jeweler would melt such an item.
Any comments ?

Thanks,
GCM

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Offline homefire
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« Reply #1 on: February 28, 2011, 10:06:18 PM »
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LOL!    What was the K value  10k,14k  Huh?

Do you know how much the weight was?

 Waveing

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Offline seldom
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« Reply #2 on: February 28, 2011, 10:41:53 PM »
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Most jewelers want sell used jewelery and even tho you never wore it its still used in their eyes. If your intent on selling it try a jeweler at a flea market.

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Offline GCMTopic starter
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« Reply #3 on: March 01, 2011, 10:11:56 AM »
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In adding to my comment. This ring is a 14K. I believe it weighed about 8 grams.
I understand that I will not get anywhere near the face value,but $8. seems like a ripoff to me.

Thanks for your reply !
GCM

PS: Sorry I posted in the wrong area.

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Offline bomber
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« Reply #4 on: March 01, 2011, 10:22:52 AM »
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keep it..............8 bucks?  worth keeping it just to show people that you actually found something,gas just hit $3.50 here in chicago so your ring is worth just more than 2 gallons of gas No no! No no!

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Offline homefire
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« Reply #5 on: March 01, 2011, 10:33:52 AM »
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8 Grams of 14K        Current Melt Value
                   58.3%    $211.97    

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Offline seldom
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« Reply #6 on: March 01, 2011, 10:35:10 AM »
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Quote:Posted by GCM
In adding to my comment. This ring is a 14K. I believe it weighed about 8 grams.
I understand that I will not get anywhere near the face value,but $8. seems like a ripoff to me.

Thanks for your reply !
GCM

PS: Sorry I posted in the wrong area.




Yeah some one was trying to rip you off find a different buyer . I figure about 210 bucks.

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« Reply #7 on: March 01, 2011, 11:10:26 AM »
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Same story, different ring, I have a 2 gram 10k ring, again Blackhills gold, but the ring also has a little over 0.5k diamond on it, very clear, quality diamond. Tried to sell it at few places but most of them do not buy diamonds less than 1k, so there was this one guy offering me $200! Isn't that too low?

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Offline homefire
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« Reply #8 on: March 01, 2011, 11:16:45 AM »
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Look around and your going to find Diamonds are a False Economy.  Worth Little to Nothing.

After the Initial sale there just a Rock.

Try Selling a Used Diamond any place.

Your best hope would be to try and sell it as a Ring.



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« Reply #9 on: March 01, 2011, 11:36:40 AM »
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Try saying this to my wife, I keep telling her it's just a piece of rock but she won't believe me  Grin

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