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<p>[QUOTE=&quot;jfscmedic, post: 2564939, member: 82941&quot;]A couple of rules when buying gold. First Make sure it&#039;s real Gold (Be careful a magnet test isn&#039;t 100% but what you have there looks real) and is it 10K 14K 18K ? and 2nd how much does it weigh (In Grams or Pennyweight) Knowing the weight is VERY important. After that I have a formula I use to know what my local dealer will pay me for it and I offer a percentage of that depending on if it&#039;s Damaged Scrap or wearable jewelry.&nbsp; </p><p><br /></p><p>Here are a couple of pieces I bought back when gold was over $1300 an ounce. Both are 14K Gold. The bracelet weighs 19.1 Grams and the ring weighs 8.55 Grams. I paid $600 for the pair. At the time I could have scrapped them for $625 but I bought these for myself to wear not to scrap and if I had bought them at a jewelry store they probably would have cost me well over $1,000.&nbsp; </p><p><br /></p><p>[ATTACH=full]553576[/ATTACH] [ATTACH=full]553577[/ATTACH][/QUOTE]</p><p><br /></p>

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