Melting jewellerly

Discussion in 'Jewellery & Gems' started by Bullion Stacker, Jan 28, 2015.

  1. Bullion Stacker

    Bullion Stacker Member

    Joined:
    Dec 13, 2011
    Messages:
    727
    Likes Received:
    10
    Trophy Points:
    18
    Location:
    Melbourne
    Hi guys,

    Can anyone point me to the direction of a jeweler who could melt down some gold jewellerly into a nicer piece? Also, how does it work if you have multiple difference karat's of gold to melt down into one piece?

    Has anyone has any experience doing this? What did it cost?

    Thank you
     
  2. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,154
    Likes Received:
    221
    Trophy Points:
    63
    Location:
    NSW, Australia
    Sounds expensive.. why not just sell for melt.. than take your fiat and buy something? anything else will cost you $$$ ( jewellers markup x XXX)
     
  3. Bullion Stacker

    Bullion Stacker Member

    Joined:
    Dec 13, 2011
    Messages:
    727
    Likes Received:
    10
    Trophy Points:
    18
    Location:
    Melbourne
    Mum has atleast 2 or 3 ounces of jewellery and has been saying that she want's to melt it into a few nice pieces for years so this is more for her. Unless she wants some sort of custom design I think selling and buying something nice with the money would be her best bet. Do jewelers really charge a fortune for it?
     
  4. 1for1

    1for1 Well-Known Member

    Joined:
    May 3, 2011
    Messages:
    4,154
    Likes Received:
    221
    Trophy Points:
    63
    Location:
    NSW, Australia
    To ask a jeweler to melt gold and then create 3 unique peices.. yes you could safely say that will cost a fortune.. custom always does.
     
  5. SmartyFarty

    SmartyFarty Member

    Joined:
    Jan 28, 2015
    Messages:
    75
    Likes Received:
    0
    Trophy Points:
    6
    Agree, better to sell old pieces for melt and buy new or second-hand.

    I have bought some second-hand jewellery from pawnbrokers before and got it much cheaper than retail.
     
  6. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

    Joined:
    Jul 1, 2009
    Messages:
    7,091
    Likes Received:
    4,579
    Trophy Points:
    113
    Location:
    R.I.P
    You could get 5% above spot for your unloved bling from a reputable gold buyer; maybe a bit more if you take some good pics and flog them here.
    Would help mitigate the high premiums that jewellers charge in Oz.
    Selling it to jewellers at their melt price is code for below spot. :p
     

Share This Page