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<p>[QUOTE=&quot;Owle, post: 1275392, member: 22004&quot;]I was speaking with a gold buyer yesterday who said he offered strong money for gold, $30 a pennyweight.</p><p><br /></p><p>There are fairly lucid articles on pennyweights and ducatweights (another term I have heard from gold buyers) on the internet:</p><p><br /></p><p><a href="http://en.wikipedia.org/wiki/Pennyweight" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Pennyweight" rel="nofollow">http://en.wikipedia.org/wiki/Pennyweight</a></p><p><br /></p><p><a href="http://en.wikipedia.org/wiki/Ducat" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Ducat" rel="nofollow">http://en.wikipedia.org/wiki/Ducat</a></p><p><br /></p><p>When the buyer mentioned 14 carat gold, I asked, &quot;Well that should be proportional to 24 carat (as 9999 pure) right?&quot; He said it doesn&#039;t work like that. But that is what it says on the internet, that 14 carats is 14/24, or .58333.</p><p><br /></p><p>I don&#039;t know how common dupicity is in this market, gold buyers are not educators, they are business people. But they should be honest in their business.[/QUOTE]</p><p><br /></p>

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