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<p>[QUOTE="NorthKorea, post: 1575136, member: 29643"]I really wouldn't bother going direct to the refiner. I think they offer 85-90% of spot or charge you for the refining (which is worse, possibly). Basically, you have $545 worth of 14k gold. The cost to turn that into 24k gold will be ~$50 (guessing). They refiner might charge you $100, since it's a small amount. That nets you $445 of 24k gold or about 0.25 ounces. You could then sell that assayed gold for a 5-10% premium on eBay. You'd sell for ~$500 and owe about $65 in fees, netting $435.</p><p><br /></p><p>Alternatively, you could go on eBay and post in their bullion section at $495 with a "buy it now" at $545. eBay fees and whatnot would work out to $75, so you net out $470.</p><p><br /></p><p>Last choice would be Craigslist. Depending on your area, this might create safety issues. Hawaii's gun laws minimize the CL problems with hold-ups/what-not. To be safer, meet at your bank and deposit the cash as soon as you're paid. That way, you can't really get held up, if that's a concern. Personally, I like meeting at McDs. This serves two purposes: 1) If the counter-party is a no-show, I get an unhealthy, yet mostly satisfying meal. 2) McDs has strong indoor lighting, so if examining coins/stones, I can see what it looks like indoors and outdoors.</p><p><br /></p><p>On CL, you will probably get some ridiculously BAD offers. Ignore those. If someone offers you around 97% of spot, sell to them.</p><p><br /></p><p>And, then, there's always the BST section on here. Out of curiosity, what color are the browns? PM me, so we don't end up making this a public two person convo.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1575136, member: 29643"]I really wouldn't bother going direct to the refiner. I think they offer 85-90% of spot or charge you for the refining (which is worse, possibly). Basically, you have $545 worth of 14k gold. The cost to turn that into 24k gold will be ~$50 (guessing). They refiner might charge you $100, since it's a small amount. That nets you $445 of 24k gold or about 0.25 ounces. You could then sell that assayed gold for a 5-10% premium on eBay. You'd sell for ~$500 and owe about $65 in fees, netting $435. Alternatively, you could go on eBay and post in their bullion section at $495 with a "buy it now" at $545. eBay fees and whatnot would work out to $75, so you net out $470. Last choice would be Craigslist. Depending on your area, this might create safety issues. Hawaii's gun laws minimize the CL problems with hold-ups/what-not. To be safer, meet at your bank and deposit the cash as soon as you're paid. That way, you can't really get held up, if that's a concern. Personally, I like meeting at McDs. This serves two purposes: 1) If the counter-party is a no-show, I get an unhealthy, yet mostly satisfying meal. 2) McDs has strong indoor lighting, so if examining coins/stones, I can see what it looks like indoors and outdoors. On CL, you will probably get some ridiculously BAD offers. Ignore those. If someone offers you around 97% of spot, sell to them. And, then, there's always the BST section on here. Out of curiosity, what color are the browns? PM me, so we don't end up making this a public two person convo.[/QUOTE]
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