Guest Posted July 19, 2016 I just found my wedding ring and decided to sell it off since I've been divorced for 15 years now. Where can I get it appraised and sold in Atlantic county? I'm willing to travel as far as Toms River and south, if I need to go that far for an honest appraiser. Thanks Quote Share this post Link to post Share on other sites
GRIZ 3,369 Posted July 19, 2016 Unless there is something unique about the design you will only get scrap gold price. Quote Share this post Link to post Share on other sites
mikeyjones 88 Posted July 19, 2016 Unless there is something unique about the design you will only get scrap gold price.This. Usually you'll be lucky to get 90% of gold price. If you go to the diamond district in the city, you can 95% of spot. Sent from my Z812 using Tapatalk Quote Share this post Link to post Share on other sites
Guest Posted July 19, 2016 what is scrap gold going for? Quote Share this post Link to post Share on other sites
Krdshrk 3,877 Posted July 19, 2016 what is scrap gold going for? What karat rating is the gold? How heavy? http://www.midstatesrecycling.com/karat_kalc Quote Share this post Link to post Share on other sites
Guest Posted July 19, 2016 What karat rating is the gold? How heavy? http://www.midstatesrecycling.com/karat_kalc well crap, that sucks!!! But its better than nothing and will fill my tank a few times, so I will be selling it to someone. So who can I trust in the atlantic county area?? Quote Share this post Link to post Share on other sites
Sig226GuyNJ 128 Posted July 19, 2016 well crap, that sucks!!! But its better than nothing and will fill my tank a few times, so I will be selling it to someone. So who can I trust in the atlantic county area?? What karat and how many grams or pennyweight is the ring? Quote Share this post Link to post Share on other sites
Guest Posted July 19, 2016 14 karat and about 6 grams Quote Share this post Link to post Share on other sites
Sig226GuyNJ 128 Posted July 19, 2016 14 karat and about 6 grams Assuming it has no stones and is exactly 6 grams, it's worth just shy of $150 at this moment. You can expect to receive $100 on the low end, and $120 on the high end unless you take it direct to the refinery which is not worth it with the little amount that you have. I don't know of any jewelry stores or cash for gold stores that will pay more than 80% of spot price, which would be $120. Quote Share this post Link to post Share on other sites
Shane45 807 Posted July 19, 2016 How do you get 90 or 95% spot price of gold on something less than 60% gold? Quote Share this post Link to post Share on other sites
Sig226GuyNJ 128 Posted July 19, 2016 How do you get 90 or 95% spot price of gold on something less than 60% gold? 1 ozt of 24 gold is $1332.10 at the moment. 14k gold is 58.3% pure $1332.10 X .583=$776.6143 $776.6143 / 31.1=$24.97152 (There are 31.1 grams in a troy ounce) $24.97152 X 6 grams=$149.82912 $149.82912 X 95%=$142.33766 $149.82912 X 90%=$134.8462 1 Quote Share this post Link to post Share on other sites
Guest Posted July 19, 2016 I was wrong (old eyes, ugh), its 18k, how does that change the value? Quote Share this post Link to post Share on other sites
Sig226GuyNJ 128 Posted July 19, 2016 I was wrong (old eyes, ugh), its 18k, how does that change the value? $192.644 is spot value right now. You can expect to receive around $150 for it, give or take a few bucks. Quote Share this post Link to post Share on other sites
Shane45 807 Posted July 19, 2016 I see, so your calculating it out based on spot and actual content. Quote Share this post Link to post Share on other sites
Sig226GuyNJ 128 Posted July 19, 2016 I see, so your calculating it out based on spot and actual content. Correct. Quote Share this post Link to post Share on other sites