Gold Bangle Bracelet
December 22nd, 2009
Gold bracelet…what could it be worth?
I have a gold ‘bangle’ type bracelet. It has no major workmanship to speak of, it is merely a lump of 22kt gold bullion that was shaped into a strip and bent to make a bracelet. It is 60 grams of pure 22kt gold. I watched the Indian man make it, he melted some gold coins down and made the bracelet using old-fashioned tools like a blacksmith. Anyway, it’s just sitting in a safe place and I am wondering if I am better off selling it, or keeping it? How much is 60 grams of 22kt gold worth?
22kt, is 22/24 % , not bad.
as for 60 grams, it’s about 2 troy ounces, @ 670/ounce, it’d be worth roughly $1,300.
Kitco sells this
Kitco ChipGold 20 gr
$458.79
so 3x that would be about $1,300.
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