From: B_Plenge@NoSpam.com   
      
   Sue H wrote:   
   > Anyone know how you get paid for scrap gold other than mailing online?   
   > Just curious... I know people are cashing in on junk they have. I just   
   > went through my Jewelry and have about about 2 oz of junk jewelry (ie   
   > things I'll never use again or cheap stuff). I have a few items that   
   > are worthless as is; only good for melt value like a kinked chain, a   
   > ring where the diamond fell off (;( was my engagement ring too!), and   
   > cheesy earrings so soft the first time I went to put them in they   
   > broke...   
   >   
   > I was wondering though about cheap gold stuff... how do they value say   
   > 10k verses 14k verses 18k and so on.  What is the criteria.  Surely,   
   > the gold content matters a lot.  Is there a scale somewhere to look   
   > at. I don't want to go down to a shop or something and get taken....   
      
   Most large jewelers pay for your gold/silver right at the store.  They get a   
   "spot price" -- the current price gold is trading at, then adjust for the   
   purity of the gold and cut a check.  In jewelery 24K is pure gold, 10K it   
   10/24ths gold, the rest is filler metals.  They won't take markings ay face   
   value, they'll do density tests to ensure it's not mismarked.  I sold a lot   
   of silver bars this way in the 70s when the silver prices peaked, 5 lbs of 1   
   ounce bars, it took some time as the tested each one.   
      
   Best.   
   Bill   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)