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 Replies: 12 / Views: 13,458 |
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Pillar of the Community
United States
5829 Posts |
I bought a gold filled chain on ebay, seller said is 12 inches long, but in actual length its 24 inches. It weight 12.73 grams to the chain alone, also came with the gold plated 1945 Mercury dime with a fake diamond? CACO 1/20 12K GF is stamped on both the clips.   |
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Pillar of the Community
United States
4897 Posts |
5% (1/20) of the weight is 50% gold (12k). so virtually no gold value. You would need about 20 dwt (pennyweight) to get about .5 dwt of gold which at 12k would melt for about $17.
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Valued Member
United States
52 Posts |
In my experience, if you take it to a shop, they won't touch it. It's not worth the time or hassle to separate from the good stuff. Basically, you may be stuck with it if you go to sell.
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Pillar of the Community
 United States
5829 Posts |
OK! Thanks.
I paid a total of $16.50 included mail for all, so I am alright with not over paying it.
Edited by macmercury
11/26/2011 6:53 pm
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Rest in Peace
United States
9104 Posts |
amida-
You corrected for 12k twice. 20 dwt of new 1/20 12K would be 0.5 dwt pure, or $42 metal content. 12.73g would be 0.41 oz or 0.01 oz pure = $17.89 metal content, not counting a few bucks for the dime and bezel.
Catch #1. No one will pay anywhere near scrap value unless you have have a few dozen pounds of plated stuff.
Catch #2. Calculations are for a new chain. Since the outer 5% of the chain is gold, 5% wear = no gold left, as compared to a solid gold coin, where 5% wear = 5% less gold.
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Pillar of the Community
United States
4897 Posts |
Fred No I did'nt but the way I typed the explaination certainly was not very clear. LOL
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Pillar of the Community
United States
2335 Posts |
Quote:
Catch #1. No one will pay anywhere near scrap value unless you have have a few dozen pounds of plated stuff. I buy bags of "junk" jewelry at antique malls, thrift stores & garage sales because I see one or two items in the lot that are gold, silver, or older collectible costume jewelry. I've been saving all the gold fill from those lots for almost 18 months. I figure in another year or two I'll have enough accumulated to meet my refiners minimum amount. |
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Pillar of the Community
United States
5829 Posts |
Another question would be what is the content to the rest of the chain? Do gold filled bound well with other metal like electroplated gold?
Of course silver would be nice, but I doubt that, as to wear the chain doesn't seem to have any scratch, this is still a new territory so I am just testing the water.
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Rest in Peace
United States
9104 Posts |
Not sure I understand your question. GF is like clad coins. GP is deposited to a finished item.
The reason you see bronzed shoes and not diapers is because fabric just absorbs the plating.
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Rest in Peace
United States
7075 Posts |
I don't think I have ever seen a fake diamond that small. It's probably real.
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Pillar of the Community
United States
5829 Posts |
The only thing that looks anything like a diamond or glass is the tiny piece in the center, the outer 2 ring are mount decoration? I can't take out the dime from the bezel without damaging both. This is the first time I see anything like it, so that's why I bid on it.   |
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Pillar of the Community
United States
5829 Posts |
Now I am seeing more of these on ebay but costing more and not giving full detail about what the metal content are. |
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Rest in Peace
United States
9104 Posts |
prolly a genuine diamond.
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Replies: 12 / Views: 13,458 |
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Posted 11/26/2011 5:40 pm
