FSH: gold wedding band -- SOLD -- Thanks for the super fast response! -- SOLD
CarlWohlforth
Posts: 11,074 ✭
I found an old wedding ring. It is a plain band. Nobody in the family wants it, they have other memorabilia that means more to them. This was not from the primary marriage. They encouraged me to sell it and use the funds to continue building my registry set. I've got a nice family don't I? 
Engraved: MEC to FBB 3-9-68
Makers mark: Rings 'o Bliss 14K
I don't normally calculate the melt value of scrap gold. Below is what I came up with. Please correct me if I've made a mistake.
The ring weighs 4 grams. My scale isn't very accurate but it looks like slightly more than 4 grams so I'm calling it 4.
Gold is $1,575 per oz. $1,575 / 31.1 = $50.64 per gram.
14k / 24k = 0.5833
Grams of pure gold 4 * 0.58 = 2.33g
Gold value 2.33 * $50.64 = $117.99
So if the gold value of this ring is $117.99 what can I expect to sell it for? Please PM any offers.
Engraved: MEC to FBB 3-9-68
Makers mark: Rings 'o Bliss 14K
I don't normally calculate the melt value of scrap gold. Below is what I came up with. Please correct me if I've made a mistake.
The ring weighs 4 grams. My scale isn't very accurate but it looks like slightly more than 4 grams so I'm calling it 4.
Gold is $1,575 per oz. $1,575 / 31.1 = $50.64 per gram.
14k / 24k = 0.5833
Grams of pure gold 4 * 0.58 = 2.33g
Gold value 2.33 * $50.64 = $117.99
So if the gold value of this ring is $117.99 what can I expect to sell it for? Please PM any offers.
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