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Melting gold coins to make jewelry (not sure if right board or not)
Posted on 12/19/23 at 2:25 pm
Posted on 12/19/23 at 2:25 pm
Long story short, a relative of mine received a gold coin that’s worth ~6-7 hundred dollars. Instead of selling it for cash, want to make a necklace or something like that as a remembrance to her recently deceased family member.
Anybody have any advice or has anybody done this before?
Anybody have any advice or has anybody done this before?
Posted on 12/19/23 at 2:27 pm to PenguinPubes
not much jewelry is made out of 24 ct gold.
Posted on 12/19/23 at 3:17 pm to PenguinPubes
I think most jewelry in gold is 18k and a coin is well past that k amount. Haven't tried it and do not know anyone that us but maybe google can help.
Posted on 12/19/23 at 3:20 pm to PenguinPubes
I would think it would take more than one coin to make a necklace.
Maybe have the coin turned into a pendant and then put that on a necklace? May also be some way to preserve the coin (not having to puncture it) so that it could be returned to a coin in the future if the owner wanted to.
Maybe have the coin turned into a pendant and then put that on a necklace? May also be some way to preserve the coin (not having to puncture it) so that it could be returned to a coin in the future if the owner wanted to.
Posted on 12/20/23 at 8:10 am to bbvdd
quote:
not much jewelry is made out of 24 ct gold.
Bc it's too soft....get it to 22 ct
Posted on 12/20/23 at 10:00 am to PenguinPubes
Fist check at a gold or coin shop to see if the coin has a collector value greater than the gold value. That same shop can sell you a mounting to make the coin a pendant.
If you still want to melt it down, then find a jeweler in your area who casts pendants, rings, etc. using lost wax method. They can either carve a custom item in wax or let you pick something from a catalog. If hardness of the gold is an issue, a lower carat weight gold alloy can be added when the coin is melted.
If you still want to melt it down, then find a jeweler in your area who casts pendants, rings, etc. using lost wax method. They can either carve a custom item in wax or let you pick something from a catalog. If hardness of the gold is an issue, a lower carat weight gold alloy can be added when the coin is melted.
Posted on 12/20/23 at 1:45 pm to bbvdd
quote:
not much jewelry is made out of 24 ct gold.
I don’t know anything about gold or jewelry or coins etc, so forgive my ignorance, but wouldn’t 24k gold be more valuable?
The coin is common and not collectible or rare, coin shop told me it is worth 6-7 hundred dollars strictly bc of the weight of the gold
Posted on 12/20/23 at 2:11 pm to PenguinPubes
quote:
The coin is common and not collectible or rare, coin shop told me it is worth 6-7 hundred dollars strictly bc of the weight of the gold
just be aware, you are breaking federal law by melting it, its illegal to melt coins down since they are legal currency
Posted on 12/20/23 at 2:27 pm to keakar
quote:
just be aware, you are breaking federal law by melting it, its illegal to melt coins down since they are legal currency
I’ve read that if you melt the gold to sell it then it’s illegal.. but if you melt it for jewelry then no?
Posted on 12/20/23 at 7:27 pm to PenguinPubes
quote:
I’ve read that if you melt the gold to sell it then it’s illegal.. but if you melt it for jewelry then no?
no, its destruction of government currency, the crime is melting it, not what you do with it after melting it.
but that may be a separate crime as well
This post was edited on 12/20/23 at 7:45 pm
Posted on 12/21/23 at 6:56 pm to keakar
Check with the Alaska Mint. Not only do they make gold coins, They also make gold jewelry.
Posted on 12/22/23 at 10:00 am to PenguinPubes
I think one of the challenges is 24K is pretty malleable. I personally do not like 14k vs. 18K. You see some beautiful pieces that are 22k from India, Iran, etc.
If you are going to try to make something with 24K I would suggest it would have to be something not subject to wear and tear such as earrings vs. a bracelt.
If you are going to try to make something with 24K I would suggest it would have to be something not subject to wear and tear such as earrings vs. a bracelt.
Posted on 12/25/23 at 7:50 am to keakar
quote:
just be aware, you are breaking federal law by melting it, its illegal to melt coins down since they are legal currency
And just how the frick will anyone know it used to be a coin once it's melted? Gtfo with that BS.
Posted on 12/27/23 at 11:21 am to saintsfan1977
quote:They won't. But it was still a worthy comment.
And just how the frick will anyone know it used to be a coin once it's melted? Gtfo with that BS.
You foul mouthed fricker!
This post was edited on 12/27/23 at 11:23 am
Posted on 12/28/23 at 9:09 pm to keakar
quote:
no, its destruction of government currency, the crime is melting it, not what you do with it after melting i
This is not true. The crime is melting coins to profiteer off the metal value being more than the face value of the affected coin. Melting coins for artistic or personal use is allowed.
Posted on 12/31/23 at 12:19 pm to PJinAtl
quote:
Maybe have the coin turned into a pendant and then put that on a necklace?
I did this sometime back with a 1oz gold eagle. Gold mount, gold chain. Very striking!!!
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