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Struck Gold!

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Valued Member

United States
143 Posts
 Posted 09/12/2011  1:07 pm Show Profile   Bookmark this topic Add IC Double to your friends list Get a Link to this Message Number of Subscribers
I had to go take my wife to the hospital today for blood work. I figured instead of waiting for her their I went to a Thrift store nearby and figured Id have a gaze at what they had. Boy I'm glad I went. Me and my son who is 1 yr and a few months old went there. The best part about this is I only spent 2 dollars.


Fine Pewter and 925 necklace
Struck-Gold!


14 K
Struck-Gold!
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 09/12/2011  1:26 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Wow great pick up. Have you weighed the gold piece?
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Tunnioc's Avatar
United States
3179 Posts
 Posted 09/12/2011  1:50 pm  Show Profile   Bookmark this reply Add Tunnioc to your friends list Get a Link to this Reply
Wow, you're on a lucky streak! I'd keep hitting the yard sales and thrift stores if I were you!
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wrestling_135's Avatar
United States
802 Posts
 Posted 09/12/2011  1:55 pm  Show Profile   Bookmark this reply Add wrestling_135 to your friends list Get a Link to this Reply
How do you know those were gold?
Valued Member
United States
143 Posts
 Posted 09/12/2011  2:04 pm  Show Profile   Bookmark this reply Add IC Double to your friends list Get a Link to this Reply
Wrestling-145 they are marked 14 KT Italy.

Coinhunter I'm probably looking at a little over .25 ounce.
Edited by IC Double
09/12/2011 2:07 pm
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/12/2011  4:12 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Not sure why, but my coin dealer says he wont buy Gold marked Italy.

Anyone know why?
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JackB's Avatar
United States
1064 Posts
 Posted 09/12/2011  4:56 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
Good to know there are still some bargains out there!
New Member
32 Posts
 Posted 09/12/2011  5:11 pm  Show Profile   Bookmark this reply Add joe316 to your friends list Get a Link to this Reply
Italy doesn't make any 14K gold necklaces and makes nothing that is lower then their standard minimum 18K. Your piece might say Italy on it but it was not made in Italy only made by some Asian country and sold to tourists that wanted cheap Italian jewelry.

What you have is a sterling silver gold plated necklace that is just over half gold in quality. Cause it is so thin and small there isn't a lot of actual gold on that piece.

Still worth more then the $2 you paid but in Italy no respectable Italian would wear a piece of jewelry like that and that is why the person likely didn't want it.
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chris12018's Avatar
United States
2130 Posts
 Posted 09/12/2011  5:24 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I've seen alot of this stuff. Usually only the clasp is real gold.
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/12/2011  6:02 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I don't know why your dealer is so nervous--it's scrap gold, there are test kits that are accurate enough.
Valued Member
United States
362 Posts
 Posted 09/12/2011  6:27 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply

Quote:
Italy doesn't make any 14K gold necklaces and makes nothing that is lower then their standard minimum 18K.


Google would say this statement is incorrect.
http://en.allexperts.com/q/Jewelry-...kt-italy.htm

http://wiki.answers.com/Q/Is_14kt_italy_gold_real

granted these dont "prove" anything. But like the second link says

"Is 14kt Italy gold real?"


Quote:
Yes. If it is indeed stamped 14kt. In Italy only 18kt gold can be sold, so anything less is for export only.

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DVCollector's Avatar
United States
10045 Posts
 Posted 09/12/2011  6:30 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
Florence in particular has a long tradition of goldsmiths.
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biggfredd's Avatar
United States
9104 Posts
 Posted 09/12/2011  6:47 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Italy doesn't make any 14K gold necklaces and makes nothing that is lower then their standard minimum 18K.

I think you mean gold from India, which is usually 22k.
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Tunnioc's Avatar
United States
3179 Posts
 Posted 09/12/2011  8:44 pm  Show Profile   Bookmark this reply Add Tunnioc to your friends list Get a Link to this Reply
I'm glad you cleared that up ICanSeeYou7687, I was worried for a minute because I have bought several gold chains marked Italy 14K for myself and family members at reputable establishments.
Valued Member
United States
143 Posts
 Posted 09/13/2011  12:12 am  Show Profile   Bookmark this reply Add IC Double to your friends list Get a Link to this Reply
I sold the gold necklace today for 46 dollars. There was a total of 3.2 grams.
Im not sure how much gold in total value it was worth and I know 46 dollars was probably alot less than the value. In the long run I know I probably got ripped off but I only paid a dollar for it.
The silver there was a total of 3.4 ounces altogether. I thought I had more than that but I guess not. She only offered me 57 dollars sheesh. I couldnt accept it with that low of an offer. Then I offered the $1.20 Canadian coins for they were silver also and she only offered me $2.78 dollars. That was a bit of a joke offer there. I'm not selling any more gold and silver to her anymore though. She gave me good deals in the past but now her offers are way to low. I was getting 24 dollars to every ounce when it was 32 an ounce but now she wont even give me 24 dollars an ounce when its at 40.

Valued Member
United States
368 Posts
 Posted 09/13/2011  3:14 pm  Show Profile   Bookmark this reply Add LowLife to your friends list Get a Link to this Reply
She did rip you off.....

3.2g of 14K is worth $109.48. You could have scrapped it out with ARA for $107.29. It's about a 2-week turnaround with them.

http://www.silverrecyclers.com/Calc...culator.aspx
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