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|    alt.collecting.autographs    |    Autograph collecting, auctioning etc    |    2,438 messages    |
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|    Message 515 of 2,438    |
|    Sue H to All    |
|    Re: Gold questions    |
|    18 Mar 08 10:31:06    |
      From: dahoov2@cox.net              >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       >       Thanks Bill. I am interested (am cleaning my house and my jewelry is       next on the list) in scrap stuff. I've got a kinked chain, broken       earrings, a cross and two bangles I'll never wear again, a ring with       stone missing and I have a lot of backs of earrings, pendants where I       want to pop out the stones for a project I want to do some day...       JUNK metal. Worthless to me but melted might give me a few bucks for       my next trip or something. I was wondering if anyone ever used an       online service too.... send in your scrap and trust they don't rip you       off and they send you a check.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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