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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
    13,435
    3591 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.

    The real secret of happiness is not what you have or what you receive; it's what you share. anonymous

  3. #3
    us
    Dec 2007
    South Central PA
    2,936
    43 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
    4,537
    1736 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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