14K 4.60 dwt Value

Discussion in 'Bullion Investing' started by midas1, May 25, 2020.

  1. midas1

    midas1 Exalted Member

    Hi, Im considering buying a miniature gold model of an oil pump.
    It's marked 14K 4.60 dwt. What is the gold value?

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  3. Kentucky

    Kentucky Supporter! Supporter

    dwt is a pennyweight where 1 pennyweight = 1.55517 g. 14 K is 14/24X100 = 58% so you have a gold weight of 4.14 g
  4. midas1

    midas1 Exalted Member

    Thanks. It sold for $311.xx
    thomas mozzillo, -jeffB and Kentucky like this.
  5. Kentucky

    Kentucky Supporter! Supporter

    WOW, attractive!
  6. midas1

    midas1 Exalted Member

    It's about 1" tall. It's a unique piece and the price was fair.
    I guess it's got about $200 in gold and $100 workmanship
    Should have bought it.
    Been buying folding cameras and antique
    stock certificates.
    Last edited: May 25, 2020
    Kentucky, -jeffB and slackaction1 like this.
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