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Panasonic

(2,921 posts)
Sun Jul 22, 2012, 11:39 PM Jul 2012

Looking for ways to buy gold around Denver area

I mean going to shops like thrift store, estate sales - we went to one, and determined that the gold price that they are asking for is way too high, and we just walked away.

I'm trying to figure out where I can find gold in obscure places cheap. Does anyone have ideas?

I might just wander around in a flea market or two this week if I could find something to look through.

Wonder if there is a way to pick through their jewelry and give them an fair price?

Know what I'm saying?

4 replies = new reply since forum marked as read
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Looking for ways to buy gold around Denver area (Original Post) Panasonic Jul 2012 OP
We get people walking around the mall safeinOhio Jul 2012 #1
estate sales and garage sales Panasonic Jul 2012 #2
two years ago I took some things to sell for gold... grasswire Jul 2012 #3
We have a source to remelt gold. Panasonic Jul 2012 #4

safeinOhio

(34,075 posts)
1. We get people walking around the mall
Mon Jul 23, 2012, 06:30 AM
Jul 2012

with eye loops and small digital scales. A lot of service pins made years ago are 10K to 14K. Take the back off of watches to find the gold stamp inside. An eye loop and garage sales can pay off.

 

Panasonic

(2,921 posts)
2. estate sales and garage sales
Mon Jul 23, 2012, 08:52 AM
Jul 2012

and trying to get in as early as possible...

hmm.. we'll have to do an experiment over the weekend

and see how much we can make out of this.

grasswire

(50,130 posts)
3. two years ago I took some things to sell for gold...
Mon Jul 23, 2012, 04:08 PM
Jul 2012

.....and was told that jewelry (for example, class pins or fraternity pins) that are gold mixed in with other components were not wanted as it was too difficult to extract the gold.

Of course, the price of gold has gone way up since then. Maybe the professional buyers do buy that stuff now.

And yeah, carrying a loupe is a good idea for any kind of buying/collecting.

 

Panasonic

(2,921 posts)
4. We have a source to remelt gold.
Mon Jul 23, 2012, 04:38 PM
Jul 2012

And sold at 98% of spot price.

Last week, we started and already made $400 in profits after only 3 days. Nice!

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