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Thread: Pls help..I want to know how to identify the authenticity of this ring and the value.

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  1. #1

    Jul 2012
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    2 times
    All Types Of Treasure Hunting

    Pls help..I want to know how to identify the authenticity of this ring and the value.

    Sao jose 1622 mens ring. 19.6 grams. Marked BGE 925
    How much it cost if authentic? Tnx
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  2. #2
    us
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    Dec 2012
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    To ask if it's authentic is vague, it's better if you post your specific concerns. There should be a letter of authenticity associated with the ring.
    Further more I think there are options like getting the ring with an actual real plucked from the wreck or one made from the silver bars?

    Most likely you have an original made from the silver bars and $200 - $300 in good shape is a FMV.. With authentic 8 real and I believe those were made with a solid gold band would have to be around $2000? just a guess because there are so few.
    Last edited by dennco2000; Oct 24, 2013 at 11:38 AM.
    It belongs to Spain, they enslaved, murdered, and stole it first.

  3. #3

    Oct 2004
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  4. #4

    Jul 2012
    7
    2 times
    All Types Of Treasure Hunting
    Quote Originally Posted by dennco2000 View Post
    To ask if it's authentic is vague, it's better if you post your specific concerns. There should be a letter of authenticity associated with the ring. Further more I think there are options like getting the ring with an actual real plucked from the wreck or one made from the silver bars? Most likely you have an original made from the silver bars and $200 - $300 in good shape is a FMV.. With authentic 8 real and I believe those were made with a solid gold band would have to be around $2000? just a guess because there are so few.

    Hi, sir dennco2000
    I appreciated your reply and for helping others who needs expert like you. Thank you very much!
    Honestly I bought this item for just $2 to one of the participating house here in our community garage sale.
    Many silver rings but this got my attention because of its weight and size. Last monday iI went to New York with my wife and
    Considered to bring this because theres a place in newyork the 47th St named the jewelry st. I showed this item to 2 stores out there.
    One store offered me $250 and im in big shocked to know its valuable. I decided to have a second opinion to other store a few blocks away
    And offered me $175 then asking me how much I want. I decided not to sell it right away because Im getting more interested to know more about it.
    Thats why now Im searching for the true identity of this ring and you gave me one idea and Im thankful. I promise that if I decided and sold it in better price I will let you know. Now im planning to get a certificate of authenticity
    and dont know where to get it.

  5. #5

    Oct 2004
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    The reality is: It's a sterling silver ring plated in 24K gold with a replica 8 reales coin crafted with a small portion of salvaged silver from a 1622 shipwreck. The retail (asking price) for this ring is $149 and can be bought on the site reference below--where you'll find additional information. I see no reason why you would want to pay to get a COA based on the information provided on this referenced site.
    Don.......
    Sao Jose Shipwreck Silver Ring

  6. #6

    Jul 2012
    7
    2 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Mackaydon View Post
    The reality is: It's a sterling silver ring plated in 24K gold with a replica 8 reales coin crafted with a small portion of salvaged silver from a 1622 shipwreck. The retail (asking price) for this ring is $149 and can be bought on the site reference below--where you'll find additional information. I see no reason why you would want to pay to get a COA based on the information provided on this referenced site. Don....... Sao Jose Shipwreck Silver Ring

    Hi sir,
    Well I think I just bring it to pawnshop to test its metal. The reason why Im very curious is because the jewelry buyer in new york dont buy for a gold plated only especially that high
    $250 and $175.for that ring?
    Im an ebayer also and thats my first step to look the price at ebay. But before selling it, I have to be informed about the product.
    Imagine if the selling price is only $149 - $250? How come the offer is $250 in first store and $175 the second store?
    I dont think they would invest their big money for that small profit only?
    Thank you for the help, I appreciated that.

  7. #7
    Charter Member
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    as I type this your ring has $ 13.28 worth of Silver in it.
    so for $2.00 you won

    Sterling Silver Weight Conversion and Melt Value Calculator

    it's also a nice looking ring

    But I do believe Bradford Exchange
    is just another company making money off the uninformed,
    by using the words Genuine 24K plate , which in realty,
    till you use the process to remove it from the ring, a Foot of Copper wire is worth more
    then the amount of
    10 Genuine 24K plate rings if not for the silver under them


    Ripoff Report | bradford exchange directory of Complaints & Reviews

    Anyway, again Nice $2 score

  8. #8

    Jul 2012
    7
    2 times
    All Types Of Treasure Hunting
    Quote Originally Posted by jeff of pa View Post
    as I type this your ring has $ 13.28 worth of Silver in it. so for $2.00 you won Sterling Silver Weight Conversion and Melt Value Calculator it's also a nice looking ring But I do believe Bradford Exchange is just another company making money off the uninformed, by using the words Genuine 24K plate , which in realty, till you use the process to remove it from the ring, a Foot of Copper wire is worth more then the amount of 10 Genuine 24K plate rings if not for the silver under them Ripoff Report | bradford exchange directory of Complaints & Reviews Anyway, again Nice $2 score

    Yes jeff thats my estimated melting price before I buy the ring. Thank you for the link youve sent. I wonder if the BGE and the Bradford Exchange is just one company? I added some important views...tnx again
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  9. #9
    Charter Member
    us
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    Quote Originally Posted by jeff of pa View Post
    as I type this your ring has $ 13.28 worth of Silver in it.
    so for $2.00 you won

    Sterling Silver Weight Conversion and Melt Value Calculator

    it's also a nice looking ring

    But I do believe Bradford Exchange
    is just another company making money off the uninformed,
    by using the words Genuine 24K plate , which in realty,
    till you use the process to remove it from the ring, a Foot of Copper wire is worth more
    then the amount of
    10 Genuine 24K plate rings if not for the silver under them


    Ripoff Report | bradford exchange directory of Complaints & Reviews

    Anyway, again Nice $2 score
    That is exactly what Bradford does. Just like the market where they sale Genuine 24K Gold PLATED or Gold leafed commerentive coins..They have maybe $2.00 Worth of gold and can be yours for only 3 easy payments of $29.99......

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  10. #10
    Charter Member
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    Quote Originally Posted by bdznepojr View Post
    Yes jeff thats my estimated melting price before I buy the ring. Thank you for the link youve sent. I wonder if the BGE and the Bradford Exchange is just one company? I added some important views...tnx again
    BGE 925 stamped on inside of ring means? The 925 means that the ring is made of sterling silver and


    • that the silver is 92.5% pure. The BGE is a designer signature that is used by the Bradford



    http://wiki.answers.com/Q/What_does_BGE_925_mean#slide2
    Last edited by jeff of pa; Oct 25, 2013 at 07:30 AM.

  11. #11

    Jul 2012
    7
    2 times
    All Types Of Treasure Hunting
    Quote Originally Posted by jeff of pa View Post
    BGE 925 stamped on inside of ring means? The 925 means that the ring is made of sterling silver and[*] that the silver is 92.5% pure. The BGE is a designer signature that is used by the Bradford http://wiki.answers.com/Q/What_does_BGE_925_mean#slide2

    I knew it well because im a silver coin collector for 20 years... I just sold my stuff when the price of silver goes down and down. Not a good investment I realized. But i still have some scraps of silver and gold with me. I shifted to antique branded tools..tnx for the info....
    jeff of pa likes this.

  12. #12

    Oct 2004
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    You may have created a great business for yourself; buy the ring, in quantity at $149 and sell it for $250.
    I'd take a gross profit margin of 67% --especially in one day transactions. And I still wouldn't spend a dime on any CoA.
    Don.....

  13. #13
    Charter Member
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    Quote Originally Posted by Mackaydon View Post
    You may have created a great business for yourself; buy the ring, in quantity at $149 and sell it for $250.
    I'd take a gross profit margin of 67% --especially in one day transactions. And I still wouldn't spend a dime on any CoA.
    Don.....
    Yes there is really nothing to Authenticate except that Bradford Exchange really did put
    what today is $ 13.28 worth of silver in it & not Junk metal.

 

 

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