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Started By
Message
Gold
Posted on 10/21/11 at 2:08 pm
Posted on 10/21/11 at 2:08 pm
A local jewelry has offered me $178 cash or $360 trade for my 10k generic high school ring..
If I do it I'm taking trade...
good deal or bad?
TIA
If I do it I'm taking trade...
good deal or bad?
TIA
4
Posted on 10/21/11 at 2:09 pm to countrystateofmind
quote:
$178 cash or $360 trade
WTF his markup is doubled? frick that.
Posted on 10/21/11 at 2:11 pm to countrystateofmind
quote:
A local jewelry has offered me $178 cash or $360 trade for my 10k generic high school ring..
If I do it I'm taking trade...
good deal or bad?
probably bad. But if you need the money, go for it.
Posted on 10/21/11 at 2:12 pm to C
Don't need the money..just figured if it was going to sit in a desk drawer may as well trade out for something that would be worn by the Missus....
Posted on 10/21/11 at 2:18 pm to countrystateofmind
If they will give you $178, I will give you $180.
Posted on 10/21/11 at 3:18 pm to John Merlyn
I bid 181.
Shop this around. It's umpossible for us to value a ring that you gave no specs on, but these guys rip your eyes out.
Shop this around. It's umpossible for us to value a ring that you gave no specs on, but these guys rip your eyes out.
Posted on 10/21/11 at 3:20 pm to TheHiddenFlask
ok I will make it simple..how much is 17 grams of 10k gold worth?
all they are going to do is melt it down anyway
all they are going to do is melt it down anyway
Posted on 10/21/11 at 3:40 pm to countrystateofmind
Gold sells for about $1600 per troy ounce.
There are 31.1034768 grams in a troy ounce
10K gold is 5/12 (41%) pure
.5484*.41*1600= 360.74
So he's giving you about half of the value, assuming his scale is legit. Check for a state certification sticker on the scales.
There are 31.1034768 grams in a troy ounce
10K gold is 5/12 (41%) pure
.5484*.41*1600= 360.74
So he's giving you about half of the value, assuming his scale is legit. Check for a state certification sticker on the scales.
Posted on 10/21/11 at 3:46 pm to TheHiddenFlask
full trade value, but only 1/2 cash...
Posted on 10/21/11 at 4:17 pm to TheHiddenFlask
quote:
Gold sells for about $1600 per troy ounce.
There are 31.1034768 grams in a troy ounce
10K gold is 5/12 (41%) pure
.5484*.41*1600= 360.74
So he's giving you about half of the value, assuming his scale is legit. Check for a state certification sticker on the scales.
NICELY DONE
Posted on 10/21/11 at 5:01 pm to Zilla
MB FTW
Posted on 10/21/11 at 6:19 pm to Zilla
For future reference
ETA: Just curious, do they pop out the stone, or do they account for that some other way?
ETA: Just curious, do they pop out the stone, or do they account for that some other way?
This post was edited on 10/21/11 at 6:21 pm
Posted on 10/21/11 at 7:40 pm to countrystateofmind
I wasn't happy when my father refused to pay for my high school ring. Now I know why.
Posted on 10/21/11 at 8:27 pm to TigerDeBaiter
Bought my own ring... Didn't depend on parents to
Posted on 10/21/11 at 9:10 pm to countrystateofmind
Never bought a ring I knew I would never wear. Took the money and invested it in Apple stock back in 92'. I win
Posted on 10/23/11 at 8:50 am to guttata
quote:
Never bought a ring I knew I would never wear. Took the money and invested it in Apple stock back in 92'. I win
Can I borrow $45 million?
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