Storage Auctions

Scrap Gold

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Scrap Gold
« on: April 24, 2014, 11:08:06 PM »
Over the past few years, I've set aside pieces of jewelry that didn't have any markings. You know, the stuff that looks fake but you want to make sure before you discard it. Well, I finally took it all to be tested and I was pleasantly surprised to find 8.5 grams of 14K, 9.2 of 10K, several small diamonds and a few pieces of sterling. 

This was a real eye opener. I expected most of this stuff to be fake but about half of it was real. From now on, I'm getting anything that doesn't stick to a magnet acid tested.

Re: Scrap Gold
« Reply #1 on: April 25, 2014, 08:11:06 AM »
i bought a kit on ebay that comes with a loupe a digital scale that weighs in oz gram troy oz and pennyweight, a scratch block and the acids for under $50 , its paid for itself many times over

Offline dbr831

  • ****
  • 282
    • View Profile
Re: Scrap Gold
« Reply #2 on: April 25, 2014, 08:58:58 PM »
I have a batch I've been holding on to like that. A lot of it is marked but some unmarked. I also acid test it but sometimes I'm just not sure so I hang on to it just in case. I've had a couple pieces that the 14k acid disolved and the 10k acid didn't and when I took it in it tested at 14k. And then the other side of the coin is the marked 14k stuff that turns out to not be gold at all.

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Re: Scrap Gold
« Reply #3 on: April 26, 2014, 07:49:13 AM »
The acid tests can be somewhat unreliable. For example, when the gold buyer was testing a tennis bracelet that was clearly marked .925, it acid tested for 14K.


Offline alloro

  • *****
  • 2345
    • View Profile
Re: Scrap Gold
« Reply #4 on: April 26, 2014, 12:25:23 PM »
was clearly marked .925, it acid tested for 14K.

Perhaps the .925 was wrong.  :o

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Re: Scrap Gold
« Reply #5 on: April 26, 2014, 02:00:47 PM »
Perhaps the .925 was wrong.  :o

Possibly. It did strike me odd that diamonds were set in silver. The diamonds are definitely real. I'll get a second opinion on it.

Re: Scrap Gold
« Reply #6 on: April 26, 2014, 04:54:13 PM »
sterling will test + for gold all the time

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
Re: Scrap Gold
« Reply #7 on: April 26, 2014, 05:40:35 PM »
sterling will test + for gold all the time

Interesting. What's stopping people mixing another non ferrous metal (for color) with the Sterling and passing it off as gold?   

Offline dbr831

  • ****
  • 282
    • View Profile
Re: Scrap Gold
« Reply #8 on: April 26, 2014, 08:05:13 PM »
Maybe vermeil, gold plated over silver, and they didn't rub deep enough to get through the gold coating.

Offline alloro

  • *****
  • 2345
    • View Profile
Re: Scrap Gold
« Reply #9 on: April 26, 2014, 10:53:26 PM »
What's stopping people mixing another non ferrous metal (for color) with the Sterling and passing off as gold?

Prison would top my list of reasons.


xx
Anybody ever sell their scrap gold or silver on ebay?

Started by rockin the retro

3 Replies
3242 Views
Last post February 05, 2012, 03:35:18 PM
by rulesforrebels
xx
Found a good scrap gold calculator

Started by rulesforrebels

0 Replies
2472 Views
Last post February 12, 2011, 05:31:26 PM
by rulesforrebels
xx
Has anyone gotten gold coins (or gold in general) in quantity ?

Started by MovieMan

5 Replies
3317 Views
Last post December 23, 2013, 08:03:08 PM
by auctionguy
xx
Scrap metal - is it worth it?

Started by jeratbp

27 Replies
11371 Views
Last post March 23, 2012, 04:19:32 PM
by craiglstauction