Jewelry/gold question?
I have a Gold chain that is 22 inches long, weighs just over 19 grams, 10k, and is in mint condition...bought it brand new about 10 years ago and been
I have a Gold chain that is 22 inches long, weighs just over 19 grams, 10k, and is in mint condition...bought it brand new about 10 years ago and been sitting in my safe. What is it worth? Worth more than just melt value? Thanks
or:I have a Gold chain that is 22 inches long, weighs just over 19 grams, 10k, and is in mint condition...bought it brand new about 10 years ago and been sitting in my safe. What is it worth? Worth more than just melt value? Thanks
or:10K is not even considered actual gold. The spot price is $1336/ounce at the moment. Your chain is worth:$1336/31 x 10/24 x 19 = $341.48$43.10/gram x 0.417 x 19grams = $341.48Expect to get about 3/4 of that amount and you have to sell to a refiner to do that well. I have dealt with midwestrefineries.com/ I think they offer the best price.I would guess you paid about $100 for that. Many in the business expect the price to rise soon. Now is a lousy time to sell.
