I cant believe it

I knew the price of gold was up so I thought let me take my charms from highschool,some old rings, and broken chains in to see what they give me...so as I waited and guessed I was getting about 50 bucks.The guy started writing all sorts of gold numbers down and said to me 610,I said "Im sorry I have no idea what your talking about...what does that mean" lol...he laughed,told me I was cute then handed $610.00!!!!Guys no joke I feel like a pirate now...everything that I thought held some sort of sentimentl value went into a bag for my next trip there....with our weddings coming soon ladies I do think you should do the same...lol I could not believe what they game me for something I havent touched in years. Good luck and keep me posted if you end up going and tell me how addicting it is!!!!And has anyone else done this since the mad gold rush!!?
Posted on March 22, 2008 at 7:29 pm
jersey
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04/25/2008
jersey

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(11) Comments

married2mrwright
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09/29/2007
married2mrwright

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Hmm...that's a good idea. I have a whole drawer full of old gold jewelry that I will NEVER wear again! Perhaps I can salvage the stones and turn the gold in for ca$h! Where did you take yours?
Posted on March 22, 2008 at 7:47 pm
ShopGirl
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04/26/2008
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That's great news. Yeah i heard that price of yellow gold has gone up. My mom wanted to give me some heirloom gold jewelry as a wedding gift but i wanted white gold instead. I guess maybe yellow gold isn't so bad afterall :)
Posted on March 22, 2008 at 8:09 pm
theDame
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01/01/2008
theDame

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There's a commercial that keeps running that shows all of these people saying they sold their old gold and are so happy with the money they made- who knew it was true!
Posted on March 23, 2008 at 3:10 am
champagnecholly
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09/19/2008
champagnecholly

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Haha no I haven't done this but a few friends have been holding gold as a commodity investment and watching the price tick upwards. That's what happens when you have a stupid, privately owned Federal Reserve that ruins the money supply! I could lecture ad nauseam but I digress. I'm sending your post to them, esp the part about, "Guys no joke I feel like a pirate now..." haha you crack me up.

partygirl - yellow and white are the same, if you're looking from an investment perspective. Gold jewelry is made from an alloy of gold plus other metals because pure gold is too soft. The color of the alloy will depend on what those other metals are, and in what proportion. If the other metals are copper and silver, the jewelry will be yellow. If the other metals are nickel and palladium, the jewelry will be whitish.
Posted on March 23, 2008 at 4:37 am
jersey
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All I have to say is sorry to anyone who gave me a half a heart that said " Best friends forever" money is money.....
Posted on March 23, 2008 at 5:14 am
*Wil*
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*Wil*

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Jersey - that's hilarious!!
Posted on March 23, 2008 at 5:17 am
LittleMiss
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04/12/2008
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Where did you take it? A pawn shop? Does it have to be yellow gold? I think I may do this. I was cleaning out my jewelry and I was just going to toss it all but then I remembered seeing this post and so I checked everything for karat stamps. I don't have a whole lot: three rings and two pairs of earrings... think it'd be worth it?
Posted on March 23, 2008 at 9:24 am
catandmark
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08/15/2008
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my parents are really big on collecting gold coins. gold just reached $1K an ounce recently (for some perspective, it was at about $300/ounce just a few years ago). The value of the US dollar's going to crap, so if you NEED some cash now, i guess trading in your gold's a good idea; but the gold value's just a reflection of the recession everyone's predicting! (aaahH!) i'm definitely hording all the gold i can because you never know what might happen in the future. i'm kind of crazy like that though...i always have an "end of the world" plan in the back of my head! hahahaha! =)
Posted on March 23, 2008 at 12:49 pm
jersey
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it doesnt matter where you go...even on ebay people are posting "scrap gold" and the bids are up there,but everyone is buying.The color gold doesnt matter...gold is gold they do make sure all your 10k 14k 18k ect is in their own piles when they way it,the purer the more money. I dont know what to tell you they will be worth but if you have a scale and weigh it you will get an idea. for example 10k yesturday was 1$ a karet then 10$ per oz.(oh corse he isnt buying it from you what he will get...you are paying a middleman) so if you had a 10k earring and it weighed 2oz you had about 20$ per earring!!I got 610$ for nothing more then scrap but if it was two weeks ago he said I would have gotten almost 2k.When you hear about it being 1k an oz that is actually the pure gold bars not the gold most of us have with added metals. It does keep going up and down,kind of like stock so you could wait but it could just be to late...or even better,never know. My mom remembered doing it in 1976 but then it was gold and silver.And we all know how out dated most yellow gold peices became in the 90s...they wernt worth much. Those of us with platnum rings from our wonderful FI got them just im time because it was just 2k an oz....my band alone would have been over 10k(with no stone)!!!hmmm im gonna sell it...hahaha JK!!!
Posted on March 23, 2008 at 1:39 pm
champagnecholly
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09/19/2008
champagnecholly

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catandmark - I'm crazy like that too, except we're not crazy.

Jersey you crack me up!
Posted on March 23, 2008 at 4:08 pm
MnP2013
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that is awesome! I will definitely do the same thing!

Posted on November 28, 2012 at 4:44 am

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