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Feb 08, 2011, 10:29 PM
#1
Gold filled
I have several items marked Gold Filled that I found while detecting over the past few years. The pawn shop told me it's not worth anything. Is this true? Is my gold filled jewelry worthless?
What do I do with it if it's worthless? Thanks for the help.
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Feb 08, 2011, 10:41 PM
#2
Re: Gold filled
If red is right, and she usually is!!! It is not actually "filled" Just a heavier gold Plate!!! Chug sorry High class costume jewellery
Found my first gold for 2011!!!! One gold and diamond ring, and one 22 carat gold ring from Europe!!!!!
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Feb 09, 2011, 04:12 AM
#3
Re: Gold filled
If your jewelry has the all of the information needed to determine how much gold is on it, then it is not worthless. The first thing you would expect to see is a fraction. 1/20, or 1/10 are the most common. Next you should see a purity: 10K, 12k etc. Then you'll see the GF indication.
Here's an easy example calculation . . .
You have an object that weighs 20g marked 1/10 12K GF.
One tenth of 20g is 2g, so you have 2g of 12K gold. It just so happens that 12K = 50% gold. 50% of 2g = 1g. So you have 1 gram of pure gold. On the day I write this, gold is valued at almost $44 per gram.
If you have a reasonably large quantity of gold filled items, or if you can put some "karat gold" with it, ARA will give you 98% of the spot price. A "large quantity of GF" might be 500 grams. I've never sent GF only, but mixed up some solid gold with it. It ups their turn-around time from 3 days to 7, but it takes 7 days for silver anyway (but bag and mark silver separately, it is processed in a separate batch).
For more info, read CyberDan's posts. If anything I say is in conflict-go with him.
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Feb 09, 2011, 08:29 AM
#4
Re: Gold filled
 Originally Posted by Chug and Red
If red is right, and she usually is!!! It is not actually "filled" Just a heavier gold Plate!!! Chug sorry High class costume jewellery
Thanks!
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Feb 09, 2011, 08:29 AM
#5
Re: Gold filled
 Originally Posted by batcap
If your jewelry has the all of the information needed to determine how much gold is on it, then it is not worthless. The first thing you would expect to see is a fraction. 1/20, or 1/10 are the most common. Next you should see a purity: 10K, 12k etc. Then you'll see the GF indication.
Here's an easy example calculation . . .
You have an object that weighs 20g marked 1/10 12K GF.
One tenth of 20g is 2g, so you have 2g of 12K gold. It just so happens that 12K = 50% gold. 50% of 2g = 1g. So you have 1 gram of pure gold. On the day I write this, gold is valued at almost $44 per gram.
If you have a reasonably large quantity of gold filled items, or if you can put some "karat gold" with it, ARA will give you 98% of the spot price. A "large quantity of GF" might be 500 grams. I've never sent GF only, but mixed up some solid gold with it. It ups their turn-around time from 3 days to 7, but it takes 7 days for silver anyway (but bag and mark silver separately, it is processed in a separate batch).
For more info, read CyberDan's posts. If anything I say is in conflict-go with him.
Thanks
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Feb 12, 2011, 10:15 PM
#6
Re: Gold filled
will hafta try that ... Ihave some gold filled junk... next time i send to ARA I am tryin it
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Feb 12, 2011, 11:04 PM
#7
Re: Gold filled
 Originally Posted by minton7
will hafta try that ... Ihave some gold filled junk... next time i send to ARA I am tryin it
Please let us know how it works out.
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Feb 12, 2011, 11:49 PM
#8
I'll just follow you with My E-trac ! ! ! !
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Feb 17, 2011, 08:03 AM
#9
Re: Gold filled
Yea gold filled is not worth much we pay only $6.88/ troy oz of Gold filled.
You can use our gold value estimator to find out how much we'll pay on other items as well.
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Feb 17, 2011, 04:35 PM
#10
Re: Gold filled
 Originally Posted by SilverGoldBuyers
Yea gold filled is not worth much we pay only $6.88/ troy oz of Gold filled.
You can use our gold value estimator to find out how much we'll pay on other items as well.
I'd pay double that quote. Did you not notice my calculation above? And that was for only 20 grams. If it was 20g 1/20 10k gf it would still be = to 1 gram of 10K gold.
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