Central Illinois beach finally gives up the gold...

[Ocaliman]

Finally made it out to the beach at Clinton Lake yesterday for a bit of hunting. Didn't tell my wife that I was going, because she wanted me to do chores around the house... The nerve of some people, right? Anyway, after picking up my state permit, and paying my $1 admission fee, I finally made it to the waters edge.. Got the Excal turned on and tuned in and headed for the waist deep.. I have hunted this beach before without much success, but figured that since it was close by, and I was playing hookey from the wife,I would give it a shot...

I wasn't in the water for 2 minutes, when I got my first hit...



First glance, I thought it was silver, but then realized that with my sunglasses on, it blanched out the color. Figured that this was a pretty good start to the day, and kept on working... Well, 3 hours later I had found a total of 5 dimes, 2 pennies, and this ring along with assorted trash...

Stopped at my local jewelers, who cleaned it up, and told me that the diamond (albeit small), was real, and the ring weighed in at approximately 6.8 grams. Said since it was 10K, that he would give me $70.00 for it in scrap weight. I told him that I would hold onto it until I got a few more, and then bring them back...

Gonna head out tomorrow, if the wife will let me off restriction for playing hookey...

 

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[biggmike]

Stopped at my local jewelers, who cleaned it up, and told me that the diamond (albeit small), was real, and the ring weighed in at approximately 6.8 grams. Said since it was 10K, that he would give me $70.00 for it in scrap weight. I told him that I would hold onto it until I got a few more, and then bring them back...

First CONGRATS!!!!

Second, Never sell to someone offering 50% value. ARA will pay about $130 for that ring and send you the diamond back.

Weight of Alloy 6.80 Grams - 4.37 Dwts - 0.219 Troy Ozs
Alloy Gold of 0.417 Purity
Weight of Metal 0.091 Troy Oz of Pure Gold
Price Used 1,543.60 USD / Troy Oz
Value of Metal $140.74 USD

I usually save up about $500 - $800 worth then send it in. Good Luck. There's more out there. Mike

 

[Lorrain.]

That's a beauty, Ocalaman

Check out ARA Refineries .

Lorraine

 

[Ocaliman]

Stopped at my local jewelers, who cleaned it up, and told me that the diamond (albeit small), was real, and the ring weighed in at approximately 6.8 grams. Said since it was 10K, that he would give me $70.00 for it in scrap weight. I told him that I would hold onto it until I got a few more, and then bring them back...

First CONGRATS!!!!

Second, Never sell to someone offering 50% value. ARA will pay about $130 for that ring and send you the diamond back.

Weight of Alloy 6.80 Grams - 4.37 Dwts - 0.219 Troy Ozs
Alloy Gold of 0.417 Purity
Weight of Metal 0.091 Troy Oz of Pure Gold
Price Used 1,543.60 USD / Troy Oz
Value of Metal $140.74 USD

I usually save up about $500 - $800 worth then send it in. Good Luck. There's more out there. Mike

Thanks for the "heads up" on this. Hadn't really given it much thought as to doing the math to see what the actual value was. I will do business with them when I get some more...

 

[Chug And Red]

Now what you need to do is find a few that fit the Wife then your Honey do list will get Shorter!!!! Pretty soon She will start saying Where are you Hunting Today!!!! HH Chug

 

[Terry Soloman]

Congratulations OCM! Wow! I'm still swinging for my first ring, and I can only imagine the thrill. Thank you for sharing, and stop fibbing to the ol' lady!

 

[Bum Luck]

Stopped at my local jewelers, who cleaned it up, and told me that the diamond (albeit small), was real, and the ring weighed in at approximately 6.8 grams. Said since it was 10K, that he would give me $70.00 for it in scrap weight. I told him that I would hold onto it until I got a few more, and then bring them back...

FYI: Less than the usual jeweler's markup............................

 

[cntrydncr1]

good hunt!! congrats on the gold and ice

 

[search and recovery]

Congrats on the gold and diamond ring! Now repeat after me: I will not fib to the wife.

 

[Ocaliman]

I will not fib to the wife.I will not fib to the wife.I will not fib to the wife.I will not fib to the wife.I will not fib to the wife.

 

[petersra]

Lets see, according to the following web site: http://www.dendritics.com/scales/me...urity=0.417&PrOzt=1550&CurrencyN=USD&Markup=0 at the current price of gold, the value of the gold content in the ring is $141. I would say that at $70, the jeweler would make a nice 100% profit..... Nice if you can get it. Nice find.

 

[The Master Chief]

Very Nice!

 

[Yagershots]

Stopped at my local jewelers, who cleaned it up, and told me that the diamond (albeit small), was real, and the ring weighed in at approximately 6.8 grams. Said since it was 10K, that he would give me $70.00 for it in scrap weight. I told him that I would hold onto it until I got a few more, and then bring them back...

First CONGRATS!!!!

Second, Never sell to someone offering 50% value. ARA will pay about $130 for that ring and send you the diamond back.

Weight of Alloy 6.80 Grams - 4.37 Dwts - 0.219 Troy Ozs
Alloy Gold of 0.417 Purity
Weight of Metal 0.091 Troy Oz of Pure Gold
Price Used 1,543.60 USD / Troy Oz
Value of Metal $140.74 USD

I usually save up about $500 - $800 worth then send it in. Good Luck. There's more out there. Mike

Awesome ring... When you say ARA do you mean:

American Recycling Associates
2431 Walnut Ridge St.
Dallas, TX 75229

Thanks

 

[biggmike]

Awesome ring... When you say ARA do you mean:

American Recycling Associates
2431 Walnut Ridge St.
Dallas, TX 75229

Thanks

That is them and they are the best IMO. Call them before you ship and they will be glad to fill you in on all the details.

 

[nube250]

Just went to Clinton lake today, I recently got an ace 250. Only found 2 dimes 2 pennies and a matchbox car. You must of cleaned em out.. did you comb the whole beach ? Or Just go for water? I live in urbana if you ever want some company, happy hunting!