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Old 03-10-2008, 09:38 AM   #136
TheLittleRoo
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I am looking for a place to take my stuff. At first, I was having a hard time finding all the odds and ends I've accumulated over a lifetime.

Get this: I have a necklace that was given to me by an international traveling friend. Really heavy, and yellow gold chain link. To the point I thought it was gaudy and never wore it. Turns out, I googled the name on the clasp, and it's a high end Italian gold designer. It's an 18K peice that weighs about 28 grams! And my DD5 had been allowed to play with it, thinking it was just costume jewelry! I turned the house upside down looking for it, and it ended up being on the neck of on of her stuffed animals as a collar!!!!

I can't wait to see what that sucker's worth - - although it may be worth more as a designer peice, than melted for scrap. How would I find that out?
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Old 03-10-2008, 10:27 AM   #137
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Ok, now I'm really motivated to gather some old things and sell them! My question is: do you 'shop' around for someone to buy it? Do you go to one place, get a price, then go to another and then sell to the highest payer?
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Old 03-10-2008, 10:28 AM   #138
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Originally Posted by bgsnmky View Post
I am curious if anyone in the Dallas/Ft Worth area has sold any jewelry.

Also, has anyone had any luck finding information on the goldswap company for the house parties. I haven't been ablt to find anything.
Last year I brought A LOT of pieces to the place at Walnut Hill and Marsh and I got $55 for all of it. I am trying to remember now what all I took because I really think I got severely ripped off.

The jewelry repair place at Valley View Mall offered me $5 per gram so I didn't even show him what I had to sell. There are a couple of places in the phone book - one is downtown and one is near LBJ & Josey. I haven't really decided what I am going to do next.
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Old 03-10-2008, 11:14 AM   #139
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Quote:
Originally Posted by njsweetP View Post
Ok, now I'm really motivated to gather some old things and sell them! My question is: do you 'shop' around for someone to buy it? Do you go to one place, get a price, then go to another and then sell to the highest payer?
I went to a local small jewelry store and he offered me $300. I was out driving and passed a Pawn shop and ran in and he offered me $500(about $15 a gram). I didnt want to spend alot of time and gas pricing around and my figure in my head was roughly $500-550 so I went with it. Looking back, I probably would have gone through goldfellow though. I may have gotten more for it. I still have a couple of pieces and may try them.
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Old 03-10-2008, 01:18 PM   #140
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Aaarrrgghhh!!!

I am trying to figure out how much money my stuff may be worth but the math is killing me!!

I have 1 necklace and 2 crosses in 14k they weigh 2.4oz.

SOMEONE PLEASE HELP!!!!
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Old 03-10-2008, 02:46 PM   #141
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Conversion

1 ounce = 28.3495231 grams

2.4oz = 68.03 grams x $5/gram??? (according to where you go I guess),
could be $340??

Hope that helps!
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Old 03-10-2008, 03:32 PM   #142
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I got my goldfellow envelope in the mail today, it'll go out tomorrow. Of course the price of gold dropped again today!
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Old 03-10-2008, 03:42 PM   #143
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Do you know how much it went down?
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Old 03-10-2008, 03:45 PM   #144
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So using that calculation if a ring is .4 ounces of 14kt gold then what can we expect to get?
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Old 03-10-2008, 05:00 PM   #145
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I remember the gentleman from the gold fellow website saying he quoted the days price amount on his site. As of today he has it listed at
$969.25 per troy ounce. Hope that helps, I do not know what it was yesterday.

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Do you know how much it went down?
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Old 03-10-2008, 07:14 PM   #146
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Quote:
Originally Posted by 4fosterkids View Post
I remember the gentleman from the gold fellow website saying he quoted the days price amount on his site. As of today he has it listed at
$969.25 per troy ounce. Hope that helps, I do not know what it was yesterday.
Looks like it ended up closing even by the end of the day.
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Old 03-10-2008, 07:39 PM   #147
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Quote:
Originally Posted by ClarabelleCowFan View Post
So using that calculation if a ring is .4 ounces of 14kt gold then what can we expect to get?

I've been calculating by pennyweight... 1 oz equals 20 pennyweight; so I think .4 = 8 dwt. I think, based on today's prices, this would be worth about $195??


I've been following this thread and doing my own research. I have a little less than 3 oz of gold -more than half is 14k; a few items are 10k; and the rest is 18k. Today, I went to 2 places: the first place offered me $1220; the second place $800 (although after he realized I knew it was worth more, he offered $1100). I decided to try usgoldbuyers.com. My husband saved an article for me from the Wall Street Journal, and this was the site used by the author. I should get a quote from them tomorrow, so I'll let you know!
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Old 03-10-2008, 07:58 PM   #148
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How do you all measure your gold?
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Old 03-10-2008, 08:46 PM   #149
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Quote:
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I FOUND A CONVERSION TABLE!!
http://www.kitco.com/jewelry/dwt-oz-gram.html

Ex: I know I have 18.5 grams of 14K gold. It was weighed per jeweler.
So I type in 18.5. Check off the grams button & click submit.
The answer comes back as:
18.5 grams = 11.8971061093248 DWT = 0.59478875032633 Ounces

I can take that 11.9 DWT (pennyweights) & go to any of the online sites to see how much they are paying per pennyweight for 14K gold.

So.... my local jeweler wanted to pay me $6 per gram for 18.5 grams or $111.
That goldfellow.com site pays $13.76 per DWT (pennyweight) which is 13.76 x 11.90 = $163.75

NOW YOU CAN DO YOUR COMPARISON SELLING TOO!!!!
I'm uploading a photo to show just how little gold I have.

Remember, if you are looking at the .59 ounce answer from the conversion table & thinking you can just multiply .59 times todays gold price....the gold price is for 24K gold. 14K is only 58.3% (??) of 24K...and then you have to subtract all the middlemen cuts out of that. Dealer, refiner..... You might get 60% (per that article metioned much earlier in thread.)
Ex: My .59 ounce x $980/oz (just using a price for todays gold) x .583 (58.3% since I have 14K not 24K) x maybe .60 (60% if I found a generous buyer) = $202.26.

You can see my jeweler was REALLY cheap at $111.
Reposted for those asking questions that were covered earlier in thread. Use the link above. You can weigh it on a postal scale or kitchen scale, or take it to jeweler to be weighed.

BTW, my envelope to goldfellow.com is going out tomorrow. FINGERS CROSSED!
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Old 03-10-2008, 08:53 PM   #150
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I'm loving this thread! Today I rummaged through my jewelry box and found a few things that I can sell. Four earrings (each has lost their mate), a charm, a ring, and a fairly thick bangle bracelet. I can't wait to find out how much I get for them! I think I'm going to go to a local place that buys gold but also seems to be a jewelry store/pawn shop type of shop. I'll report back tomorrow!
So, first thing this morning I brought all of the above mentioned items, plus another thin gold ring, a thin gold necklace and a little hoop earring. I received just under $300!!! I'm happy with that.
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