Saturday, December 19, 2009

Selling Scrap Gold on Ebay - An active marketplace for Precious metal


This is a two minute intro to selling gold on Ebay.
You will need a scale as shown in this picture. You can buy one on Ebay for about 20 bucks I think. You will need to show the marking of the Kt weight of the gold as in this pic and the scale reading. Gold is worth over 1,000 an ounce now and well everyone has some kicking around. The Ebay market for Gold scrap is very active and competative. Roughly speaking the price you get varies and you can research this on Ebay but if you take 14kt gold the calculation might be 14/24kt (14kt over pure gold at 24kt) then multiply the amount of grams you have divided by the number of grams in an ounce.
27.2 grams of 14kt gold as show in the picture would be 14/24 x 27.1/28.3495231 (grams per ounce) x a price of 1,000 per ounce of gold comes out to about $557 market value.
You wont get that though as the person buying it needs a profit so they usually offer 70-90% of that amount depending on how reliable you look as a seller and how eager they are to have more to melt down.
There was also a great guy that posted an ebook on this subject which I loved but Ebay banned ebooks so look on the net for Selling Scrap Gold on Ebay, maybe he is still kicking around! Good luck!

Gorgeous Vintage Print Woman on Bicycle


Again in looking through my old picture folders for interesting items I sold I came across this one that I used as an example of the prints found in some old magazines or newspapers I had for sale. I just always loved this one. Beautiful colors, nice bike, big hat. Perfect! I sold these as a lot but just love the style and attention to detail that were present in older pictures before the days of computer generated garbage ;)

The Superman Rolex Watch That Never Existed But still sold! LOL


I was strollin through my picture directories and came across these Superman Watch I had picked up at a flea market and sold on Ebay. Of course it seemed to be a "Rolex" but wasnt as Rolex never made a superman watch. So I knew I couldnt mention the name Rolex in the listing. I was hesistant to even sell it at all as who would want this? However it just looked so cool to me. My pictures do not do it justice as those rhinestones would sparkle like crazy and in using a flash I got a copper hue to the silver tone which makes it look aged when it wasnt. But I just loved this item. I believe it sold the first time around.