How much gold is in this Rolex bRacelet?

[MoBe]

17.4 gr @ .750 =13.05 gr of gold =.466 oz

assuming a price of $1700 per oz .466oz = $792.32 worth of gold

assuming scrap gold is bought for 50% of the daily price that would be $396.16

I don`t think scrap gold buyers offer anyting close to 50% of the daily price.

Anybody here know what scrap gold sells for on average? I reckon the dealers sell to the smelters for about 50% value.

[LightOnAHill]

I've felt at the watch stores that the new solid TT bracelets add a bit more weight than the older (though wonderful) ring style.

[Ebruner]

Originally Posted by MoBe

17.4 gr @ .750 =13.05 gr of gold =.466 oz

assuming a price of $1700 per oz .466oz = $792.32 worth of gold

assuming scrap gold is bought for 50% of the daily price that would be $396.16

I don`t think scrap gold buyers offer anyting close to 50% of the daily price.

Anybody here know what scrap gold sells for on average? I reckon the dealers sell to the smelters for about 50% value.

I refine mine for 98.5% of melt. I pay upward of 80%. You're WAY off .

-Eddie

[pawnshopkiller]

Nah I was joking. Like in my best wrestler voice.

Originally Posted by Numismatist

No hate, just curious cross postings. I found the info here to be quite helpful.

The real Numismatist? Now that's just as much hate as I posted.

Jack of all trades, master of none? Or real Numismatist?

[Numismatist]

Originally Posted by pawnshopkiller

Nah I was joking. Like in my best wrestler voice.

It's a good one

[dommasters]

Currently $40 a gram for scrap 18K here in the UK. That's for 18K gold, not 99% pure.

[Brian J]

Originally Posted by MoBe

Anybody here know what scrap gold sells for on average? I reckon the dealers sell to the smelters for about 50% value.

I talked to one place locally that was 65%.