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Big_G
·Anyone know the approximate weight of a 34mm vintage watch case excluding dial, movement, etc? Was curious of the scrap value. Is it anywhere near an ounce or 28.35 grams for our oversees members? Thanks!
What is the scrap value of a 34mm 18k watch?
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Dan S
·Minor point, but an ounce of gold is about 31 gm.
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MikiJ
·Keep in mind that 18kt. is marked .750 because it's 3/4 pure. Thus you'd need 40 +/- gm. to equal 1oz. gold.
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Evitzee
·When you sell it you never get the total value of the contained gold, the broker has to make a profit and the old gold has to be processed. You might get 80% of the value.
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Evitzee
·Gold is measured in Troy ounces. 31.1 gms = 1 Troy ounce
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padders
··Oooo subtitles!Cases vary, fat lug SM cases are very heavily built and weigh maybe 20-25g but some Chronograph Suisse cases have hollow lugs and can weigh as little as 8-10g. Gold weight is quoted in Troy Ounces, you are looking at Avoirdupois Ounces. I would suggest some further homework is needed here. 18K gold is worth roughly £30 per gram at present but the way. Maybe stick to grams if you can't work out TrOz.
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Big_G
·That is only around 75% of spot. You can't choose your family lol. The full spot price at present is around $58 per gram!
That is only around 75% of spot. You can't choose your family lol. The full spot price at present is around $58USD per gram!
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Davidt
·I cou
Lol! I wasn’t clear. I wasn’t saying they would pay me $45 per gram, I believe they pay that much for gold when the buy it to make jewelry and assume it’s for 24kt. Just mentioned it as a reference point.
Im confused. The scrap price is the scrap price. It’s not worth less or more depending what you’re doing with it.
24ct is $58/g.
18ct is $43.50/g.
I’d expect to get around 95% or the spot/scrap price from a dealer.
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Evitzee
·Im confused. The scrap price is the scrap price. It’s not worth less or more depending what you’re doing with it.
24ct is $58/g.
18ct is $43.50/g.
I’d expect to get around 95% or the spot/scrap price from a dealer.
You won't likely get 95% of the contained gold, there is profit and further processing required before the gold can be used again. More like 75 to 80% in your pocket.
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Davidt
·.
You won't likely get 95% of the contained gold, there is profit and further processing required before the gold can be used again. More like 75 to 80% in your pocket.
Just realised the last gold I sold was a load of Sovereigns where you get closer to spot, but even with scrap, 75% is very low. 85-90% of spot is realistic if you shop around.
