My guess is these people don't know what they're doing, they're stuck in FOMO and they're buying all gold in the hopes that they buy something that's gonna payoff bigtime! Or it's something else, do you know why bidders would bid up gold filled junk, the price is up to $255! Oh, maybe those couple of big medals that say Layered in 24k, maybe they think it can be scraped off, am I missing something here? https://www.ebay.com/itm/1471330626...alHS12jAXFL54K/zBujajE8SE=|tkp:Bk9SR9zL4dKIZw
Well I don't have an answer, $250 seems high for gold filled or plated. I do hear that the 1/10-1/20 marks are supposed to represent the amount of gold layer of the pieces total weight. Maybe someone saw something they liked or something that was better than gold filled? Probably a collector or reseller? Look up Sreetips on YouTube. Make sure you subscribe I'm pretty sure he needs the money
"Gold-filled refers to a type of jewelry made by bonding a thick layer of gold alloy to a base metal, usually brass. It is more durable and affordable than solid gold, containing at least 5% gold by weight, making it a popular choice for jewelry. Composition Base Metal: Usually made from brass, but can also include copper or silver. Gold Layer: The gold layer is 5 to 10 times thicker than regular gold plating, ensuring a more substantial appearance and durability." I dunno, does that indicate there's a substantial bit o'gold? perhaps it can be extracted? With the current price of gold... https://www.pantherdeluxe.com/post/what-is-gold-filled-jewelry-a-complete-guide
Maybe the buyer just liked the lot. I always say buy what makes you happy. The best things in life aren't always investments. Bruce
