melting/selling gold??

[Semidevil]

where do you go if you want to have like a gold necklace either melted to form something else, or at least get it's value and sell??

will the typical mall jewlery store have this service? or do you need to go to a special place??

 

[AStar617]

You've never seen these semi-shady guys advertising during Judge Alex and Divorce Court? 🙂

 

[uberman]

Is your name "Goldfinger?"

 

[SarcasticDwarf]

The gold itself is essentially worthless. You would not get more than a couple bucks unless it was something more like Mr. T would wear.

 

[swimscubasteve]

Originally posted by: SarcasticDwarf
The gold itself is essentially worthless. You would not get more than a couple bucks unless it was something more like Mr. T would wear.

ummm....no

 

[Semidevil]

I always thought gold keeps it's value...but maybe i'm wrong....

does anyone have more information? and an answer to my original question?

 

[Seekermeister]

The only time that I have dealt with gold, is when I bought and sold gold coins...personally. Gold does not lose it's value, regardless of the form that it is in. If someone only offers you a couple of bucks, they are trying to steal it. The actual value is determined by the percentage of gold in the alloy, and the current market value, minus a small fee for the dealer. You can sell gold a variety of ways, but a jewery store would probably deal with it in it's present form.

EDIT: Depending on it's present form, it could be worth more than it's face value...i.e. rare coins.

 

[Mark R]

I dunno, but those 'semi-shady' guys look like they offer a reasonable deal. Their commission on even small quantities of low-grade 9K gold is only about 20% (and they pay postage, etc.), and 15% on larger amounts.

The other issue, is that recycling jewellery may not be that good an idea - as a considerable proportion of jewellery's value reflects its design and craftsmanship, rather than the metal.

 

[nutxo]

Originally posted by: swimscubasteve

Originally posted by: SarcasticDwarf
The gold itself is essentially worthless. You would not get more than a couple bucks unless it was something more like Mr. T would wear.

ummm....no

A few years back I found a bracelet on the street. It had been run over a few times and was beat. I sold it to a scrap gold guy for 70 bucks.

 

[skyking]

we took in some old stuff to a pawn shop we use, along with a couple of items needing repair. we left there with $15 🙂