Price help requested for ring

fongu

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I found a 10K ring a few weeks or a month ago and it weighs .81 of a gram and the guy at the dive shop wants if for his young daughter. He cut me some slack on my wetsuit rental because I bought a wetsuit from him and I really don't want to charge him anything for it, but don't want to offend him by offering it for free. I thought I might offer to exchange it for a diver's flag I could mount on my sifter when I'm in the water up to my neck. Here's a photo of the ring and see what you think.
Gold & Silver - At the river 005 (Custom).jpg
 

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Peyton Manning

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10k? I would give it to him for future good karma
 

EccentricInTexas

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With gold at 1163.90 a troy ounce 10k is .417 times gold is 485.343 divided by 31.1 (grams in troy ounce) you get 15.6060$ a gram for 10k, times .81 grams you get $12.64 for the value of the gold content. Nice Find!!!
 

lookindown

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Give it to him...why would he be offended? :dontknow:
 

lost items recovery

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I agree. I would give it to him and tell him I hope his daughter enjoys it. I'm sure he'll remember that every time he sees your face come in. Remember the old saying "it's not what you know, it's who you know!"

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hubcap76

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If you go into it with no agenda offering this gift is more rewarding internally then anything. But the dive flag trade is also a good notion, this way not only will there be no feelings of being taken advantage sorta speak, both will get a fair exchange. And really what's better then a human gesture of kindness. It's not like we as Detectorist don't find some amazing items beneath our coil while experiencing this amazing gift of life. Be safe

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Sir Gala Clad

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I found a 10K ring a few weeks or a month ago and it weighs .81 of a gram and the guy at the dive shop wants if for his young daughter. He cut me some slack on my wetsuit rental because I bought a wetsuit from him and I really don't want to charge him anything for it, but don't want to offend him by offering it for free. I thought I might offer to exchange it for a diver's flag I could mount on my sifter when I'm in the water up to my neck. Here's a photo of the ring and see what you think.
View attachment 1078308

That’s a nice ring Fongu.

I would never melt down a ring like that for scrap
Nor sell/exchange (which is betta then melting it down) as what I find is worth more to me than what it cost, even new. Its highest and best value is as a gift (mo betta), with no expectations, as it will make all happy: you, the dive shop guy, and his daughter.

Not to steal your thread, but I would like to talk story about what happened more than thirty years ago, which is as clear to me today as when it happened.
We were returning to the mainland after visiting the Islands, and struck up a conversation with a graceful Hawaiian entertainer waiting for a shuttle flight. When it was our time to board, this gracious lady gave us a small puka shell lei worth hundreds of dollars as a gift to my infant daughter, for her to wear when she was old enough.
Needless to say, I was stunned and stammered we can’t accept that, but she just smiled and said, it is something I want your daughter to have, smiled greeting us with aloha, and left. I don’t know what happened to this lei, nor the entertainer, but it Is something I will never forget.
Decades later on driving past the airport on a dark night, I noticed a car pulled over on the side of the highway and it was noticeable that the lady driver was frantic. I slowly pulled up, to avoid spooking her and asked if I could help as there was a gas station a few miles down the road. On driving her to the gas station, the lady said she would rather go home (an area set aside for Hawaiians). When I told her I would be honored to take her at no cost, she started to apologize – as there now is some friction between Hawaiians and Haoles. I reassured her, that there is no reason to apologize as they have every reason to be upset for the way they have been treated. When she again insisted on reimbursing me, I thanked her and told her I would not accept anything, however, maybe someday she can help someone in her own way when they need help. I then told her about the entertainer and what a relief it was that I was finally able to return some of the Aloha I experienced decades ago.

I think that is how Karma works.
If you do something good, that good goes out,
But not necessarily back to you.
 

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ron lord

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.81 grams of 10kt = $12.67 as of 8:47 am est
 

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fongu

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I'd rather just give it to him as a gift for his daughter, because they are good folks. I was just concerned he might take it the wrong way as a gift. Thanks for all your advice and help. Sir Gala Clad, I enjoyed that story and you understand the feeling some people have accepting gifts, but you did a great deal helping that stranded lady and showing courtesy and respect. Well done, sir...Think I will get it in the mail to him in the morning and wish I had a jeweler's box to put it in.
 

rainyday101

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I agree, give it to him. Some day when you go back into his shop to buy something, I'm thinking you will get a good deal.
 

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fongu

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It's on the way.
 

gunntekk1

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dude it was free for u, make it free for someone else, u got exercise from finding it, so exercise some kindness.
 

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