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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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