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  1. Big_G Jan 2, 2022

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    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!
     
  2. Dan S Jan 2, 2022

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    Minor point, but an ounce of gold is about 31 gm.
     
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  3. MikiJ Likes songs about Purple spices Jan 2, 2022

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    Keep in mind that 18kt. is marked .750 because it's 3/4 pure. Thus you'd need 40 +/- gm. to equal 1oz. gold.
     
  4. Evitzee Jan 2, 2022

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    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.
     
  5. Big_G Jan 2, 2022

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    Not according to my google search.
     
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  6. Big_G Jan 2, 2022

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    I have family in the jewelry business who would trade it in for scrap without taking a cut.
     
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  7. Big_G Jan 2, 2022

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    True
     
  8. alam Jan 2, 2022

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    another sign of inflation! :D
     
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  9. Evitzee Jan 2, 2022

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    Gold is measured in Troy ounces. 31.1 gms = 1 Troy ounce
     
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  10. padders Oooo subtitles! Jan 2, 2022

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    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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  11. Big_G Jan 2, 2022

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    I think they pay $45 per gram for 24kt, which is the wholesale price.
     
  12. Big_G Jan 2, 2022

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    Yes, you’re correct. Didn’t put that much thought into it when I was googling. Thanks for clearing that up.
     
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  13. padders Oooo subtitles! Jan 2, 2022

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    That is only around 75% of spot. You can't choose your family lol. The full spot price at present is around $58 USD per gram!
     
    Edited Jan 2, 2022
  14. Big_G Jan 2, 2022

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    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.
     
  15. Evitzee Jan 2, 2022

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    At the end of the day there is one universal truth: THERE IS NO FREE LUNCH.
     
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  16. Dan S Jan 2, 2022

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    That's google for you ... garbage in, garbage out.
     
  17. Claven2 Jan 2, 2022

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    Gold is measured in troy ounces.
     
  18. Davidt Jan 2, 2022

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    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.
     
  19. Evitzee Jan 2, 2022

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    .
    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.
     
  20. Davidt Jan 2, 2022

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    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.