Your question regarding selling gold is a good one. As you point out, the price of gold is now over $900 per troy ounce(31.1 grams or 20dwt). Pawn shops are historically the place to go in the U.S but they are in the business of lending money and protecting their loan by paying out very little.
You may want to check out my site
Welcome to GoldFellow.com. Our business is buying precious metals. I have been in the gold business for 30 years. If you'd like to know more about me simply click on the "about us" tab.
Now, as to the value of your 80 grams. Convert grams to pennyweight by dividing by 1.5552. This give you 51.4 dwt. 25.2 10kt and 25.2 14kt. We would pay you aproximately $705 for your lot. These prices per dwt are clearly posted on
GoldFellow - What We Pay I have included an additional 5% for Dodgeboard members.
The larger your combined lot the higher price we pay. GoldFellow proudly displays it prices daily. Don't be fooled by some who quote large lot prices but refuse to disclose pricing for more typical consumer sized quanties.
We make it simple for you to sell. By filling out our on line form in the "get started" page, you will be able to print a pre-paid Fedex airbill and ship you goods. Insurance up to $500 is also included. (Call us for higher value insurance coverage).
02-23-2008, 11:59 AM
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