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LaurenExp
Waiting patiently for baby sis
Member since 8/06 11613 total posts
Name:
L-Diddy EDD 11/11/11 :)
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Selling gold question...
I have some pieces that have diamonds and/or other precious or semi-precious stones in them. Do they count them separately? Did you not sell pieces like this?
Thanks! 
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Posted 7/7/08 8:24 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Marcie
Complete Happiness :)
Member since 5/05 27789 total posts
Name:
LOVE being a Mommy!
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Re: Selling gold question...
I wondered the same thing
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| Posted 7/7/08 10:55 AM |
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dee7772
My Loves
Member since 5/05 4852 total posts
Name:
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Re: Selling gold question...
I believe you can ask them to remove the stones for you.
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| Posted 7/7/08 10:57 AM |
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Christine
2nd verse same as the 1st
Member since 5/05 15287 total posts
Name:
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Re: Selling gold question...
I read in other selling gold threads that the stones are removed and then the setting is weighed.
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| Posted 7/7/08 10:58 AM |
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MommaG
Yay Spring!
Member since 5/05 5133 total posts
Name:
Gloria
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Re: Selling gold question...
Mine was weighed with the stones in. I have no idea if anything was deducted for the weight but they told me you don't get anything extra for it. Mine only had small stones like pave. I think if the stones were bigger, they could remove them for you.
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| Posted 7/7/08 12:17 PM |
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Marcie
Complete Happiness :)
Member since 5/05 27789 total posts
Name:
LOVE being a Mommy!
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Re: Selling gold question...
Posted by MommaG
Mine was weighed with the stones in. I have no idea if anything was deducted for the weight but they told me you don't get anything extra for it. Mine only had small stones like pave. I think if the stones were bigger, they could remove them for you.
If you don't mind me asking - where did you go?
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| Posted 7/7/08 1:30 PM |
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TheWhiteRabbit
Thru the rabbit hole!
Member since 7/06 4412 total posts
Name:
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Re: Selling gold question...
Posted by MommaG
Mine was weighed with the stones in.
Same. I just had some small stones, I didn't bother to ask them for them. I went to Budget Buy & Sell in Patchogue.
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| Posted 7/7/08 1:53 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Selling gold question...
Posted by KittyTheStray
Posted by MommaG
Mine was weighed with the stones in.
Same. I just had some small stones, I didn't bother to ask them for them. I went to Budget Buy & Sell in Patchogue.
same for me- I heard the guy tell the lady infront of me that it cost more for them to remove the stones-
(before the melt the gold)
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| Posted 7/7/08 2:00 PM |
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LaurenExp
Waiting patiently for baby sis
Member since 8/06 11613 total posts
Name:
L-Diddy EDD 11/11/11 :)
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Re: Selling gold question...
Thanks everyone. I didn't bring the stuff with the stones with me...
I'm wondering if I got ripped off, actually...
I had under 5oz of gold. Just under, I believe. Some 14kt, some 10kt (they didn't distiguish between them). They gave me $900.
Does that sound about right?
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| Posted 7/7/08 2:01 PM |
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TheWhiteRabbit
Thru the rabbit hole!
Member since 7/06 4412 total posts
Name:
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Re: Selling gold question...
Posted by LaurenExp
I had under 5oz of gold. Just under, I believe. Some 14kt, some 10kt (they didn't distiguish between them). They gave me $900.
Does that sound about right?
I just did a search on myself because I didn’t remember exactly – this was my calculation I did when I sold mine:
I weighed it before I went and it was about 4.2 oz, which is about 3.8 troy ounces.
Gold is trading at (approx) $915 for 1 troy ounce of pure (24K) gold. 14K gold is approx 58.33% of 24K gold.
So I figured the value of my gold was about $2028 and they gave me $1200. So I felt I got a good deal, and if my math or thinking are incorrect (for any commodities traders) don’t tell me, let me think I got a good deal… 
Not sure what gold is selling for today, I sold mine in May.
ETA - they did take out the 10K gold and weigh it separately, but I only had 2 small pieces that were 10K
Message edited 7/7/2008 3:09:09 PM.
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| Posted 7/7/08 3:07 PM |
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LaurenExp
Waiting patiently for baby sis
Member since 8/06 11613 total posts
Name:
L-Diddy EDD 11/11/11 :)
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Re: Selling gold question...
Posted by KittyTheStray
Posted by LaurenExp
I had under 5oz of gold. Just under, I believe. Some 14kt, some 10kt (they didn't distiguish between them). They gave me $900.
Does that sound about right?
I just did a search on myself because I didn’t remember exactly – this was my calculation I did when I sold mine:
I weighed it before I went and it was about 4.2 oz, which is about 3.8 troy ounces.
Gold is trading at (approx) $915 for 1 troy ounce of pure (24K) gold. 14K gold is approx 58.33% of 24K gold.
So I figured the value of my gold was about $2028 and they gave me $1200. So I felt I got a good deal, and if my math or thinking are incorrect (for any commodities traders) don’t tell me, let me think I got a good deal…
Not sure what gold is selling for today, I sold mine in May.
ETA - they did take out the 10K gold and weigh it separately, but I only had 2 small pieces that were 10K
So it sounds like I got ripped off...
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| Posted 7/7/08 3:16 PM |
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