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<p>[QUOTE="Mkman123, post: 3894650, member: 67575"][USER=108711]@Jimmycrawford[/USER] Do you understand that jewelry from stores are marked up so high? For example you can buy very heavy 14kt rope chains.......guess for how much 4-6x the melt value.</p><p><br /></p><p>So lets say you buy a 500 gram 14kt gold rope chain, I have seen stores asking 35,000. The melt value on a chain is 27.58 per gram=roughly $13,500. You are paying 70 a gram from the store.</p><p><br /></p><p>When it comes time to sell it, NOONE will give you 35k or 30k, or 20k. Its pretty much worth melt, which is around $13,500. </p><p><br /></p><p>Same with wedding rings you buy from Zales, Jareds, Ben Bridges etc. You think the 25,000 dollar diamond ring you bought from them is actually worth that? No, they inflated the price so high. When it comes time to sell, you might be lucky to get a few thousands or heck MUCH less. The diamonds on most of those are inferior and not even worth that much.[/QUOTE]</p><p><br /></p>
[QUOTE="Mkman123, post: 3894650, member: 67575"][USER=108711]@Jimmycrawford[/USER] Do you understand that jewelry from stores are marked up so high? For example you can buy very heavy 14kt rope chains.......guess for how much 4-6x the melt value. So lets say you buy a 500 gram 14kt gold rope chain, I have seen stores asking 35,000. The melt value on a chain is 27.58 per gram=roughly $13,500. You are paying 70 a gram from the store. When it comes time to sell it, NOONE will give you 35k or 30k, or 20k. Its pretty much worth melt, which is around $13,500. Same with wedding rings you buy from Zales, Jareds, Ben Bridges etc. You think the 25,000 dollar diamond ring you bought from them is actually worth that? No, they inflated the price so high. When it comes time to sell, you might be lucky to get a few thousands or heck MUCH less. The diamonds on most of those are inferior and not even worth that much.[/QUOTE]
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