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Spot gold prices have now gone over $4,000 and ounce and silver prices are barely below $50 an ounce. For the last more than a few years, those of us that watch Gold Rush on Discovery knew that gold wa in the $2,000 per ounce range, but in the past months it has shot up a bunch. I weighed some 14K and 18K gold jewelry that I bought back in the 80's and 90's for $8 to $10 per gram and was astounded at how much it had increased in value ...... same with some sterling silver items. Goldman Sachs is raised the prediction for $4300 and ounce to $4900 per ounce by the end of 2026. Still probably not a bad time to sell if you have any laying around!
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Originally posted by SheenjackWonder what my gold crowns are worth? May have to go at them with a pair of pliers.
Well they weight about 3 - 4 grams, probably about 14k gold Therefore gold at $4000 per ounce divided by 31.1 grams equal $128.61 per gram times .583 (amount of golf in 14K gold alloy) equals $74.98 per gram times say 3.5 grams equals a total of $262.00 per molar crown.
Bet you paid a tad more than that for them!![]()
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Originally posted by Mad HornetThe podcasters and radio personalities I listen to have been pimping precious metals for years. A while back I bought several pounds of silver and gold coins back when silver was in the low twenties and gold was around $1,800. Glad I did!
Pounds? Good move!
Back in 1986 when the US $50 (one ounce) gold coin came out I bough some of them from the mint for I think $500 per coin in a nice case and in Proof condition. Gold was about $365 and ounce and the mint was selling the coins for $500. Their value, as collector coins, stayed at $500 for it seems like forever, at least until the price of gold started to go up. Now they still bring a little bit of a premium and are selling in the $4500 range. Glad I hung on to them.
Edited by - BanjoLink on 10/09/2025 09:09:49
I've been paying attention [cough, cough, hack]
to the extent that when gold goes up >$10, I periodically mention to my wife, "Up __X__ dollaaars; time to sell," and when it drops >$10, "Down __X__ dollaaars; time to buy."
I think these are a "futures" prices .... whatever our networks use to fill in some time on our supper "news." I think I first did this when it was around $1000 per ... and have yet to adjust for price increases/inflation/??.
Maybe I should have done more than make smart-azz comments. ![]()
Edited by - Owen on 10/09/2025 14:02:55
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Originally posted by rinembWhen I first began making jewelry, in about 2014-ish, I believe silver near 13.00/oz. Now I work with copper, unless I have something really special to make. Brad
Brad ...... I've got a shoe box full of old wheat pennies you can melt down! They are 95% copper!![]()
quote:
Originally posted by OwenI've been paying attention [cough, cough, hack]
to the extent that when gold goes up >$10, I periodically mention to my wife, "Up __X__ dollaaars; time to sell," and when it drops >$10, "Down __X__ dollaaars; time to buy."
I think these are a "futures" prices .... whatever our networks use to fill in some time on our supper "news." I think I first did this when it was around $1000 per ... and have yet to adjust for price increases/inflation/??.
Maybe I should have done more than make smart-azz comments.
Yeah ...... like buy a bunch of it. I was at a bottle show about eight or ten years ago and a guy there had a roll of Kugerrands. (think there were 20 in the roll)n wanting $1500 each ......30k. Looked attractive even them, but just didn't have 30K in my wallet that day.![]()
Went on a tourists thing in Skagway. At the end they handed you a pan of paydirt to pan out. For six tiny yellow bits in a tiny pan, they offered me 40USD for them.
I had done this 2 years prior. The offer was 30USD.
But if I had a roll of Gold Maple leaves, the price would be 50 bucks a ton.
There was a dentist that gave each employee a 1oz silver eagle every year. The same year I read this, I got one for 13USD.
I think a Bacon or Jerky standard would be better.![]()
quote:
Originally posted by BanjoLinkquote:
Originally posted by rinembWhen I first began making jewelry, in about 2014-ish, I believe silver near 13.00/oz. Now I work with copper, unless I have something really special to make. Brad
Brad ...... I've got a shoe box full of old wheat pennies you can melt down! They are 95% copper!
I have made cuffs of silver soldering old Penny's with a slight lap joint, then shaping the cuff off various things I have. Some I use all the same year Pennie's that represent important anniversary and birth years. Thanks . I will let you know if I need a batch. Brad
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Originally posted by SheenjackWonder what my gold crowns are worth? May have to go at them with a pair of pliers.
From what I've heard... not much.. The dental crowns today are mostly acrylic but in the rear molars the dentist may choose a gold crown for its durability. The crowns are normally surfaced with gold but not sculptured from gold. If you separated the gold from the tooth it would be quite disappointing.
I'm not surprised that gold is up. It usually happens when investors are loosing faith in the securities market due to any number of reasons. We seem to have more than 2 or 3 of those good reasons at the moment. For the past 5 years I've seen people rushing to buy pretend currency, which has a value in nothing but a story book imagination. It goes by the name of 'Cripto '. I have no ability to be surprised when people return to an investment in precious metals, which is what people have coveted for hundreds, if not thousands of years. Many generations of people have become rich buying and selling gold. I honestly don't understand why, but we can't argue with genuine time honored success .
I was never one of the ones who poo-pooed the idea. When someone (like me) has no disposable income these things are academic only. My only contribution to earlier threads was to make sure you're not getting ripped off with fakes, where the bar is hollowed out and filled with lead or some other metal. Even gold coins are being counterfeited. Look it up. It's a real issue and there are plenty of stories out there about this and YouTube videos. Even reputable dealers can get taken. So that suggestions remains, thieves always hang out where the money moves, and this is no exception.
I have plenty of old silver dollars, maybe it's time to cash them out ... it looks like they're worth about $27 each on up. The last one I sold on eBay a few years ago fetched $23 back then...
Edited by - banjoy on 10/10/2025 05:12:46
Hang on to my metal ..... now that's some advice I personally endorse: ![]()
[#2 copper has been hangin' in there for several months .... apparently around $5 (Cdn.) / lb. .... though I haven't sold any lately. ]
Edited by - Owen on 10/10/2025 06:20:59
quote:
Originally posted by doncquote:
Originally posted by SheenjackWonder what my gold crowns are worth? May have to go at them with a pair of pliers.
From what I've heard... not much.. The dental crowns today are mostly acrylic but in the rear molars the dentist may choose a gold crown for its durability. The crowns are normally surfaced with gold but not sculptured from gold. If you separated the gold from the tooth it would be quite disappointing.
I think what you may have heard is incorrect regarding dental gold. Dental gold, like everything gold you buy (as in jewelry) is mixed with other metals .... thus 10k, 14k, 18k, 22k all depending on what quantity of other metal they are blended with, but certainly not plated like gold filled, rolled gold, or gold plated items. The average gold molar crown has between 3 and 4 grams of gold, much more than if it were plated. There would be zero reason to plate crowns made of other metal with gold.
quote:
Originally posted by banjoyI was never one of the ones who poo-pooed the idea. When someone (like me) has no disposable income these things are academic only. My only contribution to earlier threads was to make sure you're not getting ripped off with fakes, where the bar is hollowed out and filled with lead or some other metal. Even gold coins are being counterfeited. Look it up. It's a real issue and there are plenty of stories out there about this and YouTube videos. Even reputable dealers can get taken. So that suggestions remains, thieves always hang out where the money moves, and this is no exception.
I have plenty of old silver dollars, maybe it's time to cash them out ... it looks like they're worth about $27 each on up. The last one I sold on eBay a few years ago fetched $23 back then...
Frank ...... getting closer to about $35 for culls or sliders, as the silver content is about a little over 90% silver ($50 per ounce today). Of course dealers are not going to want to pay full value, but probably still a little over $27.
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Originally posted by RonRI bought each grandchild a Canadian Maple Leaf coin in 2022. I tell them how the value of their coins has gone up, and they just look bored.
That's funny About 15 years ago I was working at a golf club in the middle of the state and when I went for a visit I would stay with the golf pro who I had been friends with for years. As we were watching TV he went to his bedroom and came back with several one-ounce US gold coins ($50) and asked what they were worth. I told him about $1500 (spot price for gold at that time). He then told me he had been giving them to his grandchildren on their birthdays. It turned out that when his father died and the family went through his closet, they found 300 of the one-ounce gold piece. He and each of his two sisters got 100 each. Not a bad closet find. I hope he figured out a more suitable gift for chidren still in their single digits!
quote:
Originally posted by BanjoLinkquote:
Originally posted by RonRI bought each grandchild a Canadian Maple Leaf coin in 2022. I tell them how the value of their coins has gone up, and they just look bored.
That's funny About 15 years ago I was working at a golf club in the middle of the state and when I went for a visit I would stay with the golf pro who I had been friends with for years. As we were watching TV he went to his bedroom and came back with several one-ounce US gold coins ($50) and asked what they were worth. I told him about $1500 (spot price for gold at that time). He then told me he had been giving them to his grandchildren on their birthdays. It turned out that when his father died and the family went through his closet, they found 300 of the one-ounce gold piece. He and each of his two sisters got 100 each. Not a bad closet find. I hope he figured out a more suitable gift for chidren still in their single digits!
That's what it's all about IMO. Let the grandkids play pirate! ARGHHH!
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Originally posted by Mad Hornetquote:
Originally posted by BanjoLinkquote:
Originally posted by RonRI bought each grandchild a Canadian Maple Leaf coin in 2022. I tell them how the value of their coins has gone up, and they just look bored.
That's funny About 15 years ago I was working at a golf club in the middle of the state and when I went for a visit I would stay with the golf pro who I had been friends with for years. As we were watching TV he went to his bedroom and came back with several one-ounce US gold coins ($50) and asked what they were worth. I told him about $1500 (spot price for gold at that time). He then told me he had been giving them to his grandchildren on their birthdays. It turned out that when his father died and the family went through his closet, they found 300 of the one-ounce gold piece. He and each of his two sisters got 100 each. Not a bad closet find. I hope he figured out a more suitable gift for chidren still in their single digits!
That's what it's all about IMO. Let the grandkids play pirate! ARGHHH!
Yep .... especially with the real stuff!
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