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Thread: 14KT Bracelet for 1.00

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  1. #1
    us
    Jun 2011
    10

    14KT Bracelet for 1.00

    My husband took our granddaughters garage sale shopping (they love it) on Sunday , which would be the last trip before school started. Stopped at a snimall garage sale and there was a bunch of jewelry on a table. I picked up a couple of old Avon pieces because my mother-in- law collects it. I saw a gold bracelet and it was priced a dollar. It looked like it was a good piece so I bough it. When we got to the car I saw on the clasp it was marked Italy and it had other lettering I couldn't quite make out. When I got home I got out my magnifying glass and saw it was 14 KT. Took it to the local jewelers on Monday morning and they gave me 159.00 for it. Not bad for a dollar.

  2. #2
    Charter Member
    um
    Jul 2004
    Broward Co.
    Tesoro Sand Shark, Whites M6
    11,747
    2427 times
    All Types Of Treasure Hunting
    First of all... Welcome to Treasurenet, I hope you stick around. Sounds like a great find. Unfortunately, if the jeweler gave you $159 for it, then it was probably worth 2-3 times that amount. But it was still a great profit for you nonetheless, congrats.
    In the land of the blind, the one eyed man is King.

    You can lead a horse to water but you can't make him drink it.

  3. #3
    us
    Dec 2007
    South Central PA
    2,929
    39 times
    before I ever sell I also go here
    Precious Metal Calculator from Dendritics

    Then I will minus 15 % cause the place I go pays 85% of spot. That way I know exactly what to expect an know if I am getting screwed over or not..
    some people call me the creeper ,cuz they don't know my name or face - Alice Cooper

  4. #4
    us
    Jun 2012
    South Jersey
    Whites IDX Pro
    556
    108 times
    All Types Of Treasure Hunting
    Nice profit, nice turn-time. Good for you!
    I would rather be the man who bought the Brooklyn Bridge than the man who sold it ~ Will Rogers

  5. #5
    us
    Nov 2010
    NJ Pine Barrens
    E-Trac, T2
    4,098
    1459 times
    Metal Detecting
    Use the gold calculator but also deduct half a karat from your estimate. A good rule of thumb is you should pretty easilly be able to get 90% of that estimated value if you sell to a gold buyer. I am getting 93% locally.

  6. #6
    us
    Jun 2011
    10
    Thanks for the info!!!

  7. #7
    us
    Jun 2011
    10
    Thanks everyone for all your helpful advice.

  8. #8
    us
    Mar 2009
    MI
    ace 250
    1,882
    13 times
    All Types Of Treasure Hunting
    Nice score, I love garage sales. I always check jewelry. I've gotten several gold pieces at sales for $1 or less that wound up being worth over $100. And a few that I've gotten that I sole for aroun $50. One time I got an 18k bracelet for 25 cents and sold it for $150. Those scores are always nice. Keep at it.
    mams5960 likes this.
    2012 finds

    40%- 88

    A lot of garage sale gold and silver!

  9. #9
    us
    Dec 2011
    Phoenix, Arizona
    E-Trac Minelab
    11
    Metal Detecting
    Send your Gold to www.midwestrefineries.com and get 95% of spot price. Mail it to them and have your check in no time!

 

 

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