update Is this real gold yes it was!

airbrush

Greenie
May 5, 2010
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Re: Is this real gold

ivan salis said:
open backed is often real stones
Agreed but by daughter has many costume pieces left to her by my mother and most of those stones are open back.
I am going to have to re-visit those pieces.
 

Re: Is this real gold

gopher de gold --- some of that "gaudy" costume jewelry might not be "costume" after all check it very closely
 

Re: Is this real gold

Most definite Diamonds and gold They rarely use cz w/ gold . plus the piece looks to old to be cz nice find. :coffee2: rob
 

Re: Is this real gold

Well i got the results from the jeweler today. It was 10K GOLD ! I sold it for $480 I was well pleased. I found the cross with my new Whites prizm G5 one week to the day I got it,it paid for it's self with that one find. All I can say is that Whites did it again.
 

Re: Is this real gold

airbrush said:
Well i got the results from the jeweler today. It was 10K GOLD ! I sold it for $480 I was well pleased. I found the cross with my new Whites prizm G5 one week to the day I got it,it paid for it's self with that one find. All I can say is that Whites did it again.
you shouldn't have sold it so quick..if diamonds were real you probly would have been well over 1000.00
 

what was the weight in grams ? 480 seems a bit low for such a fine item --it looked custom made --most custom items are 14 to 18 k normally -- did he check it with 10 k acid only or did he also check it with 14 and 18 k as well --higher k gold will of course pass the 10 k test --but lower grade will not pass the 14 /18 testing -- if he only did one acid test he might have done the minimum 10k grade test and said --yep it pass's for 10k (and he pays you for 10 k (41.6%) gold by weight) --when its actually 14 (58.3 %) or 18 (75%) (thus much higher % of gold content & more valuible)

if spot price paid 10 k at say 1224 .70 per oz pure gold -- at $480 is .39 of a oz of pure gold (so the item had to be close to 1 troy oz in weight)

--the item if it weighted 1 troy oz at 41.6 % purity (10 k)-- $509 .47
58.3 (14k)-- $714.00
75 (18k) --$918.52

note the $200 to $400 differance in value
 

ivan salis said:
what was the weight in grams ? 480 seems a bit low for such a fine item --it looked custom made --most custom items are 14 to 18 k normally -- did he check it with 10 k acid only or did he also check it with 14 and 18 k as well --higher k gold will of course pass the 10 k test --but lower grade will not pass the 14 /18 testing -- if he only did one acid test he might have done the minimum 10k grade test and said --yep it pass's for 10k (and he pays you for 10 k (41.6%) gold by weight) --when its actually 14 (58.3 %) or 18 (75%) (thus much higher % of gold content & more valuible)

if spot price paid 10 k at say 1224 .70 per oz pure gold -- at $480 is .39 of a oz of pure gold (so the item had to be close to 1 troy oz in weight)

--the item if it weighted 1 troy oz at 41.6 % purity (10 k)-- $509 .47
58.3 (14k)-- $714.00
75 (18k) --$918.52

note the $200 to $400 differance in value

Yea and the diamonds were prob real too lol... that jeweler got you good.
 

i have to say that jewelers are out there to make money also, so the jewelers did not "get him good"
he had an option not to sell it, it was easy money and he has nothing in it so if my calculations are correct he made $480 for 5 min of work and no taxes were taken out GO DO IT AGAIN.

yes i am a jeweler
 

Sweet find Airbrush. That is a great find and early in your career to boot. You will never forget finding this piece. Remember the thrill when things slow down and all you seem to be finding is junk. I guess you need to raise the bar now, paid for one detector, time to add another. Lol.

HH
Don
 

480 dollars is not bad considerinmg what you had before you found the cross .5 min swinging a detector 480 in hand . Do not let these arm chair Quarter backs tell you how much you got ripped off. A bird in the hand I would have sold it too. nice Rob :coffee2:
 

Sometimes religion pays :icon_thumleft: great find a few bucks in the till !! Good hunt Dd60
 

if it was really 10 k and the weight was about a troy oz -- the "scrap" melt value differance was only about $30 and the diamonds was a freebie cost of doing bussiness "giveaway" -- no one really buys "small" stones --they buy the gold --normally at or a little bit below spot price. that is the nature of the biz folks, --still no one can knock the fact that your one find make your detector basically "free" -- because hey $480 is $480 --and since it your stuff that you found --you get to decide what to do with it -- just a word to the wise --some jewelry dealers are not as straight up as they should be --and pawn shops by and large are out right crooks for the most part as far as what they will offer you for gold items .

great find -- by the way
 

I took a ring to a jeweler to be checked... He used ONE bottle and told me "it's not gold".... I then ordered a testing kit for myself and then tested 14k... Nope... Tested 10k... Yep...
I, of course, will never use that jeweler again... When he tested it, I had no idea there were different bottles for different karat percentages...
You need to take some of that $480 and buy a testing kit...

Beautiful find btw...
 

id say u did good, but i would have got the penny weight and called around u possibly could have got more but it dont realy matter u made a good lot of money!!! and payed for ur mtd so id say u did good!!!! id say u should right up a good story and u might get on banner!!! good job!! congrats!!!


hh kayon
 

there are differant strenghts of acid for differant levels of of gold purity --the lowest is for 10 kt gold -- of course higher karat gold ( 14 or 18 k ) will not be affected by the lower strength 10 k test acid -- however 10 k will not pass the higher level test acids 14 and 18 k level --

many pawn shops are trickey * --- they use only the 10 k test acid --to be sure their getting gold * not plated items -- once they know it for sure its 10 k at least --they say yep --its 10k and pay the person at that level of gold content by weight -- after the person leaves --- they check to see if the gold is in fact a higher level of gold purity.
 

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