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  1. #1

    Jan 2011
    74

    How much do you guys get in your country when you sell your gold ?

    lets compare scrap prices worldwide

    stats for Belgium where I live:

    8k €10.30/g or $14.31/g
    9k €11.25/g or $15.63/g
    10k €12.65/g or $17.58
    14k €19.05 or $26.47
    18k €24.55 or $34.12
    925 silver is bought for €670 or $931 for 1000 grams (35oz)

    I have this strange feeling that in the US prices are lower when you bring your jewerly to sell for scrap, am I wrong ?

  2. #2
    Charter Member
    us
    MINELAB XS-2 Pro ....... XTERRA 305 ....... EXPLORER SE PRO

    Dec 2003
    Joliett Schuylkill County
    35,542
    145 times
    All Types Of Treasure Hunting

    Re: How much do you guys get in your country when you sell your gold ?

    U.S. Conversion Charts are Here

    http://forum.treasurenet.com/index.p...,384099.0.html

    However Depending on where You see,
    Like TV adds you can get 10% of Melt

    Pawn shops 50% & Up

    & Actual Buyers of Precious Metal
    Who will pay Anything all the way up to
    100%

    So it's tuff to Nail Anything down
    discriminate out Spike TV and American Diggers !

  3. #3
    Charter Member
    us
    Director-Search & Recovery Team of Oakland County.

    Aug 2005
    In Michigan now.
    Excal 1000, Sovereign GT, CZ-20, Tiger Shark, Tejon, GTI 1500, Surfmaster Pulse, CZ6a, DFX, AT PRO, many more.
    9,430
    57 times
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    Re: How much do you guys get in your country when you sell your gold ?

    Jeff is right, it is hard to nail down. Many people that sell their gold for scrap prices sell it to the crooks that advertise on TV and not to a refinery.
    (C) Sandman, 2005. All Rights Reserved.
    "TIME IS THE ONLY THING YOU NEVER GET BACK, WHY WASTE IT SWINGING A DETECTOR THAT ISN'T UP TO THE TASK."

  4. #4

    Aug 2007
    I just follow my nose!...where the silver and gold goes!
    809

    Re: How much do you guys get in your country when you sell your gold ?

    I generally give, as a refiner, 80% to 98% for scrap, most often 90 to 95% and 98% after refining. depends on quantity as I do this for a living time cant be wasted on micro lots where I only make a dollar. I always buy my own product back at 98% as well. prices vary according to how difficult it is to refine or work, and quantity. when I buy 20 to 100 oz of gold at a time directly from placer mines...they get 98.1

    On silver scrap I pay 80% to 90% depending on quantity and the purity of the silver. 97% for fine, including my own product.

    In some cases of high demand I pay more, obviously for finished products like gold and silver Eagles, I am usually always paying more than spot for them in the current market. For Junk and unsalable things...they have to be refined. so they go for less. Just depends on how much work needs to go into it in order to make it a good product.
    I have more on my site at www.prospectorsgoldandgems.com

    Bottom line is. Weather it be me or anyone else. Only work with people who you feel are treating you fair on both the buying and the selling end. Its up to you as to what price you get and who you work with, you can always say yes or no.


  5. #5
    Charter Member
    us
    Director-Search & Recovery Team of Oakland County.

    Aug 2005
    In Michigan now.
    Excal 1000, Sovereign GT, CZ-20, Tiger Shark, Tejon, GTI 1500, Surfmaster Pulse, CZ6a, DFX, AT PRO, many more.
    9,430
    57 times
    All Types Of Treasure Hunting

    Re: How much do you guys get in your country when you sell your gold ?

    ARA Refineries pay for scrap at 98% regardless of quantity and they return any stones or non gold items you sent by mistake.

    Midwest Refineries only pays 96% and they don't return stones or non gold items.
    (C) Sandman, 2005. All Rights Reserved.
    "TIME IS THE ONLY THING YOU NEVER GET BACK, WHY WASTE IT SWINGING A DETECTOR THAT ISN'T UP TO THE TASK."

  6. #6
    us
    Mar 2010
    Florida
    ACE 250,AT PRO, CZ21
    1,342
    22 times
    All Types Of Treasure Hunting

    Re: How much do you guys get in your country when you sell your gold ?

    Quote Originally Posted by Sandman
    ARA Refineries pay for scrap at 98% regardless of quantity and they return any stones or non gold items you sent by mistake.

    Midwest Refineries only pays 96% and they don't return stones or non gold items.
    I just sent some gold to ARA. They returned my stones, but not a non gold item. I sent the non gold item to see if they returned them, or just melted everything and paid you for the gold content. Maybe they have a new policy.

  7. #7
    Charter Member
    us
    Dec 2006
    Left Coast
    XLT & Bigfoot
    2,109
    4 times

    Re: How much do you guys get in your country when you sell your gold ?

    Quote Originally Posted by lookindown
    They returned my stones, but not a non gold item. I sent the non gold item to see if they returned them,
    Maybe they just missed it when they put everything in the acid. I personally never heard of that policy. I once sent them a heavy bracelet and it turned out to be gold filled, they processed it anyway and sent a check for what it was worth.

 

 

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