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Selling Gold

  • 25-11-2009 8:34pm
    #1
    Registered Users, Registered Users 2 Posts: 668 ✭✭✭


    Does anyone know if Jeweler shops are buying gold, rather than the rip-off "unwanted Gold" merchants.
    Also, if they are, how much are they offering ?


Comments

  • Banned (with Prison Access) Posts: 32,865 ✭✭✭✭MagicMarker


    €4


  • Closed Accounts Posts: 20,919 ✭✭✭✭Gummy Panda


    I think they're all buying good to some extent. The Martin Gear Jewellers (i think thats the name) are buying gold in their outlets.


  • Posts: 3,518 ✭✭✭ [Deleted User]


    I wonder how much they will give me for my gold knob.


  • Registered Users, Registered Users 2 Posts: 2,215 ✭✭✭Mrmoe


    €4

    so thats what 3 fiddy is in euro.:)


  • Registered Users, Registered Users 2 Posts: 3,964 ✭✭✭Podge2k7


    I wonder how much they will give me for my gold knob.
    Nothing, it has to be at least 3 inches long.


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  • Closed Accounts Posts: 1,883 ✭✭✭wudangclan


    Pawn shops will buy gold.


  • Registered Users, Registered Users 2 Posts: 8,813 ✭✭✭BaconZombie


    6 Kittens:

    OMG! I can send my useless gold off and get cats for it! -

    http://www.catsforgold.com/


  • Moderators, Education Moderators Posts: 5,028 Mod ✭✭✭✭G_R


    Forgotten Gold

    They are very good. My mam got €340 for 5 or 6 bracelets. They send you out a packet and all, you just have to post it back. Then they ring you with an evaluation and if ur happy with it then they send you a cheque and you have it the day after


  • Registered Users, Registered Users 2 Posts: 668 ✭✭✭Jay Dee


    Gummy Panda
    Thanks, but they are not a group I have seen in Cork.

    wudangclan
    Thanks, but I don't think there are any left in Cork.

    dannym08
    Thanks, any idea what the rate ounce/euro was?

    The cost of gold seems to be over €1100.00 per ounce, as per the business pages/exchange rates.

    This is why I was wondering what you would actually get in a shop?


  • Closed Accounts Posts: 251 ✭✭fikay


    dannym08 wrote: »
    Forgotten Gold

    They send you out a packet and all, you just have to post it back. Then they ring you with an evaluation and if ur happy with it then they send you a cheque and you have it the day after

    What kind of reccord do you have of what was sent?
    Sounds dodgy to me


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  • Closed Accounts Posts: 1,883 ✭✭✭wudangclan


    Jay Dee wrote: »

    wudangclan
    Thanks, but I don't think there are any left in Cork.

    Cash Converters,McCurtain St.


  • Registered Users, Registered Users 2 Posts: 407 ✭✭CliffHuxtabel


    dannym08 wrote: »
    Forgotten Gold

    They are very good. My mam got €340 for 5 or 6 bracelets. They send you out a packet and all, you just have to post it back. Then they ring you with an evaluation and if ur happy with it then they send you a cheque and you have it the day after

    Forgotten Gold? No way!

    We sent them a rake of 18 carat gold rings and they offered us a pitiful sum. They must have huge margins there.

    The Gold Retriever offered €80 more for the same loot but in the end we saw sense and kept our stuff.


  • Registered Users, Registered Users 2 Posts: 4,673 ✭✭✭mahamageehad


    Do you people just have a rake of unused gold lying around the house??

    "O honey we don't have enough to pay the mortgage on our 14 houses."

    "O dear, i suppose it's time we sold the solid gold vase we keep in the press."


  • Closed Accounts Posts: 6,084 ✭✭✭oppenheimer1


    I can't understand why people would bother with selling gold jewellery for the wholesale value of the gold, unless you were in dire straits financially. Worked gold is always worth more than the basic material. Indeed if it weren't for golds use as a store of wealth, it would be practically worthless.


  • Closed Accounts Posts: 243 ✭✭WeWillBeReborn


    I'll give ya a tenner for it :D


  • Hosted Moderators Posts: 1,713 ✭✭✭Soldie


    Now is the time to buy gold, not to sell it!


  • Closed Accounts Posts: 3,591 ✭✭✭RATM


    Indeed if it weren't for golds use as a store of wealth, it would be practically worthless.

    Its a rare and limited commodity, err supply and demand? Its precisely because it is easy to store that it is favoured by banks over the likes of silver or lead for that matter. But silver and lead are far from worthless, its just they are less practical to store than gold and subsequently the markets place a lesser value on them.
    Soldie wrote: »
    Now is the time to buy gold, not to sell it!

    Some analysts reckon it could be in a bubble- its been rising for years and has now hit historic highs.


  • Hosted Moderators Posts: 1,713 ✭✭✭Soldie


    RATM wrote: »
    Some analysts reckon it could be in a bubble- its been rising for years and has now hit historic highs.

    It corresponds to the devaluation of the dollar, which is still ongoing.


  • Registered Users, Registered Users 2 Posts: 10,255 ✭✭✭✭The_Minister


    Do you people just have a rake of unused gold lying around the house??

    "O honey we don't have enough to pay the mortgage on our 14 houses."

    "O dear, i suppose it's time we sold the solid gold vase we keep in the press."
    People get given small pieces of gold jewellery as presents, the clasp then breaks, but as the jewellery is butt ugly, they never get it fixed.
    I can't understand why people would bother with selling gold jewellery for the wholesale value of the gold, unless you were in dire straits financially. Worked gold is always worth more than the basic material. Indeed if it weren't for golds use as a store of wealth, it would be practically worthless.

    Actually gold has some practical use these days, particularly in the field of electronics.

    EDIT: http://en.wikipedia.org/wiki/Gold#Use_and_applications There are far more than I thought.


  • Closed Accounts Posts: 17,689 ✭✭✭✭OutlawPete


    That fecking ad on TV at the moment really annoys me. Something along the lines of ..

    "Do you have any spare Gold you don't want, "We'll get it out of your way and we'll even pay you for it"

    They make it sound like you'd be tripping over the stuff and they would be doing you a favour.


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  • Posts: 3,518 ✭✭✭ [Deleted User]


    Podge2k7 wrote: »
    Nothing, it has to be at least 3 inches long.

    Yes it has a celtic inscription on it also.. I might put it on adverts instead.
    I will let you put first bids on it as I know your mother may be interested.


  • Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Indeed if it weren't for golds use as a store of wealth, it would be practically worthless.

    Pity it doesn't have practical uses as in electronics.


  • Registered Users, Registered Users 2 Posts: 10,992 ✭✭✭✭partyatmygaff


    smcgiff wrote: »
    Pity it doesn't have practical uses as in electronics.
    One of gold's isotopes is used for medicine to treat cancer. Gold-198 as far as I remember.


  • Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Just looked up goldparty.ie and they are paying €446 per ounce for your 24 ct scrap gold. Bargain...














    .... for them! :D


  • Registered Users, Registered Users 2 Posts: 88 ✭✭Dark-Mavis


    smcgiff wrote: »
    Just looked up goldparty.ie and they are paying €446 per ounce for your 24 ct scrap gold. Bargain.... for them! :D

    Thats before considering the rare and extremely valuable pieces of jewelry they must get every now and then.


  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 93,583 Mod ✭✭✭✭Capt'n Midnight


    Actually gold has some practical use these days, particularly in the field of electronics.
    Or you could use it to plate the ferrules on fibre optic audio cables :rolleyes:


  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 93,583 Mod ✭✭✭✭Capt'n Midnight


    One of gold's isotopes is used for medicine to treat cancer. Gold-198 as far as I remember.
    I'll take a wild guess that it's not naturally occuring

    Didn't you see Goldfinger ??


  • Moderators, Recreation & Hobbies Moderators, Science, Health & Environment Moderators, Technology & Internet Moderators Posts: 93,583 Mod ✭✭✭✭Capt'n Midnight




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