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<p>[QUOTE="Brett_in_Sacto, post: 2461019, member: 71510"]Auction is truly luck of the draw. The thing is to find the items that are harder to value, and be prepared to pay close to fair value on metals. Sometimes you get lucky and sometimes not.</p><p><br /></p><p>One thing people don't do is is to look for yourself and don't assume what is listed is fact, especially at auction or estate. Sometimes you find some nice treasures.</p><p><br /></p><p>This was in a "misc jewelry - sterling silver" auction lot in 2014. I paid 50 cents over melt per ounce on a 12ozt lot at auction. 3 items inside were white gold. I saw one necklace inside the bag I was pretty sure was marked as .585, so I took a shot.</p><p><br /></p><p>Worst case was paying 50 cents an ounce over melt. I hit the "best case" scenario in which I found 17 grams of gold. 12gr of 14k and this little gem.</p><p><br /></p><p>This is an original Mouawad 18k <750> white gold and diamond necklace.</p><p><br /></p><p>Needless to say, the gold doubled my money for the entire lot - the neckace was a big bowl of gravy - and the silver jewelry is still stashed for a rainy day.</p><p><br /></p><p>[ATTACH=full]515913[/ATTACH] </p><p><br /></p><p><br /></p><p><br /></p><p>[ATTACH=full]515914[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2461019, member: 71510"]Auction is truly luck of the draw. The thing is to find the items that are harder to value, and be prepared to pay close to fair value on metals. Sometimes you get lucky and sometimes not. One thing people don't do is is to look for yourself and don't assume what is listed is fact, especially at auction or estate. Sometimes you find some nice treasures. This was in a "misc jewelry - sterling silver" auction lot in 2014. I paid 50 cents over melt per ounce on a 12ozt lot at auction. 3 items inside were white gold. I saw one necklace inside the bag I was pretty sure was marked as .585, so I took a shot. Worst case was paying 50 cents an ounce over melt. I hit the "best case" scenario in which I found 17 grams of gold. 12gr of 14k and this little gem. This is an original Mouawad 18k <750> white gold and diamond necklace. Needless to say, the gold doubled my money for the entire lot - the neckace was a big bowl of gravy - and the silver jewelry is still stashed for a rainy day. [ATTACH=full]515913[/ATTACH] [ATTACH=full]515914[/ATTACH][/QUOTE]
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