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Happy Akshaya Tritiya!!!

WeissWeiss Posts: 9,941 ✭✭✭✭✭
in Precious Metals
The most auspicious day in the Hindu calendar to buy gold is May 16th. What a great religion! They actually have special holidays dedicated to buying and giving gold!! image

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We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments

  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭
    Interesting, but I'd rather have my gold in the form of coins or bars from well known companies. I'm not sure I'd trust gold just because it's marked. You can easily buy 14K, 18K, 24K, Sterling, etc punches from gold and silver jewelry making hobby supply houses.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • sbeverlysbeverly Posts: 962 ✭✭✭

    Having some Gold in Jewelery is a possible way to play the confiscation theory.

    I say "possible" because you never know to what measures government will go.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • meluaufeetmeluaufeet Posts: 764 ✭✭✭
    WOW... I've never seen a chain like that in 24k... 22k (via Thailand) yes... 999 no... thats cool... and a nice way to transport gold across the border. DANG.
  • sbeverlysbeverly Posts: 962 ✭✭✭

    We have a local jewelery store here in town that sells mainly 22k stuff.

    They have some 24k pieces but, due to the softness of the metal the necklaces tend to
    be bigger pieces.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I had this piece made for me in April of '05. My correspondence with the jeweler indicates gold was $427 an ounce that day image

    2 ounces of gold cut from an RCM kilo bar. I paid $1120 delivered. Amazing to see that it's worth more than twice that now.

    I had my coin dealer's scrap buyer test it a few weeks back. Tested higher than 22k, but that was the highest acid he had.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    To small for MR. T. u need to get a 10 ozerimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • RGJohnRGJohn Posts: 402


    << <i>I had this piece made for me in April of '05. My correspondence with the jeweler indicates gold was $427 an ounce that day image

    2 ounces of gold cut from an RCM kilo bar. I paid $1120 delivered. Amazing to see that it's worth more than twice that now.

    I had my coin dealer's scrap buyer test it a few weeks back. Tested higher than 22k, but that was the highest acid he had. >>


    A real beauty and I don't doubt it's purity especially given the history. But if anyone doubts, could not we apply Archimede's method since this is exactly the same problem he was hired to solve?
    Many, many perfect transactions with other members. Ask please.
  • CaptHenwayCaptHenway Posts: 32,128 ✭✭✭✭✭


    << <i>

    << <i>I had this piece made for me in April of '05. My correspondence with the jeweler indicates gold was $427 an ounce that day image

    2 ounces of gold cut from an RCM kilo bar. I paid $1120 delivered. Amazing to see that it's worth more than twice that now.

    I had my coin dealer's scrap buyer test it a few weeks back. Tested higher than 22k, but that was the highest acid he had. >>


    A real beauty and I don't doubt it's purity especially given the history. But if anyone doubts, could not we apply Archimede's method since this is exactly the same problem he was hired to solve? >>



    Of course! It's a little tricky because of the loose nature of the chain, but if you suspend it in water in one of those thin cloth tobacco pouches you can get a reading that is only a tiny bit off true, and well within the .1 tolerance I allow on S.G.'s.

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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