A question on gold

[Sheba]

Hi all,

Could someone tell me (or tell me how to correctly figure this) the US dollar amount at present gold prices for the following item: A junk (scrap?) solid piece (not a chain) of 14K gold jewelry weighing exactly 5.1 grams (or 0.180 ozs.)? What would it be really worth in US $s, not what a dealer or a pawn shop might offer for it.

Thank you very much for the help and/or answer.

sheba

[Country]

Hi all,

Could someone tell me (or tell me how to correctly figure this) the US dollar amount at present gold prices for the following item: A junk (scrap?) solid piece (not a chain) of 14K gold jewelry weighing exactly 5.1 grams (or 0.180 ozs.)? What would it be really worth in US $s, not what a dealer or a pawn shop might offer for it.

Thank you very much for the help and/or answer.

sheba

=(5.1/31.1)*(14/24)*($1409.60) = $134.84

[shinnosuke]

Hi all,

Could someone tell me (or tell me how to correctly figure this) the US dollar amount at present gold prices for the following item: A junk (scrap?) solid piece (not a chain) of 14K gold jewelry weighing exactly 5.1 grams (or 0.180 ozs.)? What would it be really worth in US $s, not what a dealer or a pawn shop might offer for it.

Thank you very much for the help and/or answer.

sheba

=(5.1/31.1)*(14/24)*($1409.60) = $134.84

What a great community this is! ...trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent...well, not always so reverent, but most of the other attributes all the time. Thanks Country for teaching me something too.

[PennyBoy]

Or...http://goldcalc.com/

[Devil Soundwave]

Obedient?

Woof!

[shinnosuke]

Obedient?

Woof!

Yes, obedient to the principles of common sense, self-reliance and self-governance. (How's that for spinning this thread ever farther away from its original theme?)

[beauanderos]

Obedient?

Woof!

Good boy. Sit. Roll over. Fetch. Too bad (so sad) that WE can't teach the sheeple new tricks... like investing in real money!

[Devil Soundwave]

[henrysmedford]

If you sold to Kitco here is what they would pay--https://online.kitco.com/refining/refining_USD.html

[Sheikh_yer_Bu'Tay]

Hi all,

Could someone tell me (or tell me how to correctly figure this) the US dollar amount at present gold prices for the following item: A junk (scrap?) solid piece (not a chain) of 14K gold jewelry weighing exactly 5.1 grams (or 0.180 ozs.)? What would it be really worth in US $s, not what a dealer or a pawn shop might offer for it.

Thank you very much for the help and/or answer.

sheba

=(5.1/31.1)*(14/24)*($1409.60) = $134.84

What a great community this is! ...trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent...well, not always so reverent, but most of the other attributes all the time. Thanks Country for teaching me something too.

Holy campfire smoke! RealCent is a Boy Scout Troop! I still remember our patrol song: " Whose the leader of the pack that's made for you and me? R- A- Q- U- E- L- W- E- L- C- H... Raquel Welch! Raqul Welch!"

Thanks for the math conversion formula, Country!

[Sheba]

Thank you very much for the answer. That's truly what is so great about this forum. Good answers and no 'serious' put downs for being dumb like me

I really appreciate the help.

sheba

[999Ni]

Nicest, most helpful bunch of folks around.

You should see what goes on in another PM forum I visit....you would be shocked!

[Lemon Thrower]

nice sig pic, 999.

btw, we have a resident refiner on this board, Market Harmony. Last time i checked his rates were competitive. realize however that in refining the more ounces you have the better deal you get.

[Redneck]

10k-.416

14k-.583

18k-.750

22k-.916

$1409.60 (spot price) / 31.1034768 (troy ounce) x .583 (14k) x 5.1 grams = $134.74904

>

[slvrbck]

Hey sheb, u may or may not already know this, but the value they are giving $134 is what the actual gold in the jewelery is "worth". . . 14K gold is gold mixed mixed w/ other metals, I believe mostly silver, copper, and nickel. Due to this mixture of metals, karatage jewelery usually does not fetch the actual value of the gold it contains whether the transaction is between a jeweler, pawn shop, private party, or Cash 4 gold. Add to these facts that some gold jewelery is falsely stamped and that the karatage is not always accurate and you can probably understand why someone wanting to own gold would rather pay for a government minted coin, or a bar from a reputable dealer. . .

[exbingoaddict]

What a great community this is! ...trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent...well, not always so reverent, but most of the other attributes all the time. Thanks Country for teaching me something too.

Don't forget irreverent also.

Believe it or not, several of us are Eagle Scouts. And have said the Scout Law more times then wood chuck chucked wood.

Personally, I never did earn the coin collecting merit badge as a youth. However, I'd like to believe that I have the postgraduate work in to have an honorary one.

[68Camaro]

Yep. Eagle Scout here also.

[shinnosuke]

What a great community this is! ...trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent...well, not always so reverent, but most of the other attributes all the time. Thanks Country for teaching me something too.

Don't forget irreverent also.

Believe it or not, several of us are Eagle Scouts. And have said the Scout Law more times then wood chuck chucked wood.

Personally, I never did earn the coin collecting merit badge as a youth. However, I'd like to believe that I have the postgraduate work in to have an honorary one.

I did not earn Eagle. When I was growing up our troop was a bit disorganized. For example, instead of having a meeting, we would go to the ditch behind the building, split into 2 teams and earn Marksmanship merit badges by throwing rocks at each other. My oldest son made it to Eagle and my 2nd fell just short.

Color guard, PRESENT COLORS! I love it when the young men do that right.

[Devil Soundwave]

What's an Eagle Scout then?

I was in the Cub Scouts (kids), The Scouts (12 - early teen), then the Venture Scouts (16 - 21).

My parents ran the local Scout troop.

[Sheikh_yer_Bu'Tay]

I loved being a Scout as a kid! Made Eagle (barely!). Great times!

After marriage, Scouting became a family affair.

My son made Eagle, two Eagle Palms, and Exploring Gold Award. My daughter got her Camp Fire Wohelo, Exploring Gold Award, and was the second female to ever earn the Venturing Silver Award in the State of Oklahoma. The first female Venture Scout to earn the Silver Award in Okla. was also from our group.

The old timers did not like my efforts to integrate teen girls into Scouting. Held it against me! WTH! It has been okay for girls to be there since about 1971. Old traditions die hard, though.

When a boy hits high school, there are two fragrances that hit his nose like a ton of bricks: gasoline & perfume. If you want those boys to hang around a Scout Troop... you better have a few girls around, too.

[justoneguy]

When a boy hits high school, there are two fragrances that hit his nose like a ton of bricks: gasoline & perfume. If you want those boys to hang around a Scout Troop... you better have a few girls around, too.

that's a great mind there.
keep the kids directed while letting them have some socializing too

[Mossy]

When a boy hits high school, there are two fragrances that hit his nose like a ton of bricks: gasoline & perfume. If you want those boys to hang around a Scout Troop... you better have a few girls around, too.

Yup. Back when I was in, nothing brought everyone's heads up like "There's girls over there." Even the kids with lots of sisters.

[exbingoaddict]

When a boy hits high school, there are two fragrances that hit his nose like a ton of bricks: gasoline & perfume.

True wisdom there.