Scored a 14k gold broach at yard sale for 50 cents

[Pennysaved]

Went to my yard sales today and found a broach that looked gold but I could not find any marking of 10k, 14k, etc

Figured I would take a chance and offered the woman 50 cents.

Took it to my local coin shop and it tested for 14k; ended up weighing over 4 grams

[neilgin1]

so 4 gms is a seventh of a toz right?.....which means like what? $250?...wow! nice job, fooling some poor down on her luck woman outta grocery money for the week......I'M KIDDING YOU!!!!....seriously kidding you, i couldnt resist. Thats kind of shocking though, how some folk are so unaware...telling you, when the boom comes down, it's gonna get downright weird, when people realize what they thought was of value, AIN'T....and what they thought was of little significance, was the margin between destitution and getting by.

so being able to buy 4 gms of AU for fifty cent, must mean we're NOT in hard times YET, d'ya think?

crazy as this sounds, i buy 1 gallon jugs of apple cider, or juice, and wash out the jug and save them all. i also like buying Maxwell House coffee, coz i save every can, its sturdy blue plastic, and with a click tight lid. they're great containers for coins, nuts, whatever---benefits of being raised by my Depression era grandmother, who's idea of "bank" was a coffee can...hidden and stashed of course. You know what else people throw out a lot?, they throw out planting pots, platsic AND clay...also they throw out so much WOOD, that can be used for either building or burning. its insanity.

[TXBullion]

4 grams of 14 k. So 4 grams of 58% pure gold

[Pennysaved]

Yeah more near $100 but still not bad for 50 cents

[Hades12]

That is a good buy, Send her some more cash, Mail it . You got a good deal and she will be better off.

[balz]

That is a good buy, Send her some more cash, Mail it . You got a good deal and she will be better off.

I agree. I think you should give her about 20% of the money you got. This is the right thing to do.

[Thogey]

You can pocket the money and drive on without being wrong. You don't owe anyone anything. She put it out for sale and you bought for what she wanted. If you want to give your money away then give it away.

David you are not right or wrong by taking your full profit. You didn't rip anyone off or screw anyone.

The broach was not marked and you thought 'what the hell'.

Guys don't make it sound like he jobbed some indigent widow out of her gold. She might have been a total shrew who deserves jack!

[balz]

Well, whatever he decides, I think it should be the right decision. We were not there to see how things turned out. Maybe he did take a risk buying this broach so maybe he deserves to get paid for that risk. Whatever.

[Hades12]

I was not saying he was wrong in any way, Money is his. But carma comes back when you need it most.

[cesariojpn]

I was not saying he was wrong in any way, Money is his. But Karma comes back when you need it most.

[Pennysaved]

It is kind of hard to go back and give her money when I don't even know where the house is

I go to 20 or more yard sales on a Saturday throughout Phoenix and Scottsdale; this was actually a sale in central Scottsdale; this was an upper middle class family. So did not take advantage of some little old widow.

I wasn't intentionally screwing her; I have bought things marked sterling or 14k that turned out to be fake; this was not even marked 10k or 14k just looked gold to me.

Only way I could be 100% sure is if I have a traveling testing kit.


Sorry if I caused a stir on here; just sharing my good news. Just like the scores people find at the bank.

[Hades12]

No stir. Never though you had set out to "do her".


Nice score.

[Rodebaugh]

Relish the cool grab.......you burnt the gas.......you have the skills.....you took the risk......it paid off.

Conga-rats Pennysaved..... enjoy this homerun as they are few and far between.

[neilgin1]

It is kind of hard to go back and give her money when I don't even know where the house is

I go to 20 or more yard sales on a Saturday throughout Phoenix and Scottsdale; this was actually a sale in central Scottsdale; this was an upper middle class family. So did not take advantage of some little old widow.

I wasn't intentionally screwing her; I have bought things marked sterling or 14k that turned out to be fake; this was not even marked 10k or 14k just looked gold to me.

Only way I could be 100% sure is if I have a traveling testing kit.


Sorry if I caused a stir on here; just sharing my good news. Just like the scores people find at the bank.

i was teasing you......free market.

[Saabman]

Great score Pennysaved!!!!! WTG!!!!!!!

[Pennysaved]

It is kind of hard to go back and give her money when I don't even know where the house is

I go to 20 or more yard sales on a Saturday throughout Phoenix and Scottsdale; this was actually a sale in central Scottsdale; this was an upper middle class family. So did not take advantage of some little old widow.

I wasn't intentionally screwing her; I have bought things marked sterling or 14k that turned out to be fake; this was not even marked 10k or 14k just looked gold to me.

Only way I could be 100% sure is if I have a traveling testing kit.


Sorry if I caused a stir on here; just sharing my good news. Just like the scores people find at the bank.

i was teasing you......free market.

Well glad you were teasing

[slickeast]

If it was marked 14k and he paid $25 for it and it tested out to be fake should he go back and ask for his money back? He bought it on a hunch. It turned out to be worth WAY more than he paid for it. Good for him. Who knows where that lady got it from. She might have found it on the ground.

[uthminsta]

Was just visiting my in-laws and my mother-in-law had some coins her uncle had when he died. As the executor of his estate, she held on to them, and I bought them. Some Peace dollars and a Morgan... some 90 and 40 percent silver halves... quarters... dimes... an 1857 Flying Eagle cent, an 1876 Seated Liberty quarter. Some Ikes, some currency. Ended up giving her $400, then silver tanked. I laughed that she should give me back some of the money, and if only I had bought it ONE day later...

I had also taken her uncle's high school class ring, and the back plate of an antique gold pocket watch. Turns out they were both 10k, tested both at the local coin shop. I really didn't expect the watch piece to be gold...

My wife called her, and she said go ahead and keep them both, since silver went down so much! Nearly $200 total worth of gold... sweet prize!

[moneydog]

Went to my yard sales today and found a broach that looked gold but I could not find any marking of 10k, 14k, etc

Figured I would take a chance and offered the woman 50 cents.

Took it to my local coin shop and it tested for 14k; ended up weighing over 4 grams

nice buy

[NotABigDeal]

You did nothing wrong and you don't owe anybody anything. Sleep well knowing you did well....

Deal

[Morsecode]

I say you paid too much

Now if I tried that it would turn out to be spray painted brass.