forum thread Posted by FuschiaSummer7546 • Last Wednesday
Jul 2, 2025 5:23 PM
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forum thread Posted by FuschiaSummer7546 • Last Wednesday
Jul 2, 2025 5:23 PM
14K Gold Braclet - Below Spot
Sam's Club
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The best gold jewelry you should buy which many asian stores sell is 22K, not less than that or more! Also this one is around 7gm which means it is super thin like a rubber band. I have gold 22k chain that is 12.48 gm . I should have bought one that is 20gm.
The best gold jewelry you should buy which many asian stores sell is 22K, not less than that or more!
You will buy this more for stacking than the actual jewlery. Well, that's what I did.
Heap big TD.
Heap big TD.
Its worth $408 based on today's gold price. You can expect to get 95% for all precious metals. If you go to a pawn shop of course you'll get 50%
14kt gold is only about 58% actual gold. The rest is alloys to strengthen it.
And I don't even know what "you can get 95% for all precious metals" even means. If you're talking about value, yes, 24kt gold coins or bullion you can probably get close to that if you sell privately.
At an exchange you're getting well below spot because they need to make a profit. Gold jewelry is almost always bought or sold as scrap (value) by any professional buyer or seller, except selling privately person-to-person. Excluding truly exceptional pieces, and pieces with provenance.
Buy this if you like it and plan to wear it. Do not, for the love of all that's holy, buy this thinking it's an investment or that you can "flip it" for more than you paid. You'll find out very quickly you absolutely, 100% can't.
At best, if you find a mark, you'll get about $250 for this bracelet. In no place on this planet will you get over $400 for this. I guarantee it.
*edited to add: I've been buying and selling jewelry for almost 40 years. Sam's and Costco have some of the best value, in my opinion, for gold and gemstone jewelry, but no one should ever buy jewelry as an "investment". Ever.
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It looks thin, but not hollow, and assuming a 7.5" length, 6.5g isn't outside the realm of possibility. But again, you're not going to get $380 scrap unless it's closer to double the stated weight.
If you sell it privately you may get closer to $300 cash. But I wouldn't be counting on that, personally.
I'm more concerned with the verbiage of "below spot" because there generally isn't a "spot" price for 14kt gold jewelry. "Spot price" is verbiage usually reserved for 24kt gold bullion. Also claiming that it can be sold for more than it was bought for is, at best, misleading.
Gold is currently trading at $108.17/gram. 14k/24k is 58.3333% pure gold. 6.6 grams x 58.333% = is 3.85 grams of solid gold. The price at Sam's website is $329+tax. 21% discount versus spot not including your local tax and cash back sites and credit card cash back.
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