I bought these couple months ago for $5 and new it was gold. I could not find a mark. Posted on CList for $20, no takers. Took to my scrap man, he said 10KT I popped the lenses out, 2 pennyweight. Offered me $43. I took it. I need a test kit ...Bad.
"Thinking is the hardest work there is, which is the probable reason so few engage in it." - Henry Ford "The further a society drifts from truth, the more it will hate those that speak it." -George Orwell
BTW- Your gold guy is getting a good deal paying you 63% or so of spot price. Not as bad as some of them out there though, I guess.
Thanks for the info. Yea he is about the same as others, but I like the old man and trying to establish a relationship with him. I would not let him have my sterling at scrap price. His daughter bought a sterling bracelet and toe ring off me at above spot so everybody was happy.
It's entirely possible your scrap man made a mistake. I've tested a LOT of those & almost every one turned out to be gold fill. You really have to file a good bit off before you hit the base metal.
I agree, most are gold filled or plated but I had a pair of solids once myself, they were marked in a couple spots though.
"Thinking is the hardest work there is, which is the probable reason so few engage in it." - Henry Ford "The further a society drifts from truth, the more it will hate those that speak it." -George Orwell
Last week out of curiosity I looked up gold filled scrap on ebay. Sure enough even gold filled scrap goes for decent money. I am starting to stockpile pieces of GF jewelry and see if I can move a lot when I get about 100 grams or so. Of course I need to pick it up cheap enough to be worth while but if I can get a piece for a dollar and it weighs 5 grams or better I think it will pay off nicely. I did pick up a pair of 1/10 12k gf glasses the other day for $2.50. They weigh 21 grams with the lenses in them. GF scrap seems to be just as good as 925 scrap these days.
Last week out of curiosity I looked up gold filled scrap on ebay. Sure enough even gold filled scrap goes for decent money. I am starting to stockpile pieces of GF jewelry and see if I can move a lot when I get about 100 grams or so. Of course I need to pick it up cheap enough to be worth while but if I can get a piece for a dollar and it weighs 5 grams or better I think it will pay off nicely. I did pick up a pair of 1/10 12k gf glasses the other day for $2.50. They weigh 21 grams with the lenses in them. GF scrap seems to be just as good as 925 scrap these days.
Shhhh... quiet, your not supposed to let the cat out of the bag.
"Thinking is the hardest work there is, which is the probable reason so few engage in it." - Henry Ford "The further a society drifts from truth, the more it will hate those that speak it." -George Orwell
Thanks diggummup for the gold test kit sight,just bought one,have wanted one for a while.The ones I've seen where around 50 dollars,1695.was a great price again thanks.leprechaun.
Last week out of curiosity I looked up gold filled scrap on ebay. Sure enough even gold filled scrap goes for decent money. I am starting to stockpile pieces of GF jewelry and see if I can move a lot when I get about 100 grams or so. Of course I need to pick it up cheap enough to be worth while but if I can get a piece for a dollar and it weighs 5 grams or better I think it will pay off nicely. I did pick up a pair of 1/10 12k gf glasses the other day for $2.50. They weigh 21 grams with the lenses in them. GF scrap seems to be just as good as 925 scrap these days.
Midwest advertises as- "All gold-filled material purchased outright at 7% of the spot price PER POUND."
That equals out to about $800 a pound.
However here is a calculator that gives you the actual melt value based on what type of gold fill you have (ie- 1/10 of 14k etc.)- Gold Filled Calculator
"Thinking is the hardest work there is, which is the probable reason so few engage in it." - Henry Ford "The further a society drifts from truth, the more it will hate those that speak it." -George Orwell