[Jewelry making - Article 00030] - Re: [Orchid] Estate jewelery buyers - fair & honest?

[David Barzilay Lord of the Rings]

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    Brad, I prsonally figure that $4 or $5 per gram is fair to the
    seller, and allows me to make a profit, after I factor in the cost
    of melting, the assay charge, and the risk which I take (risk that I
    am buying 'paste.' 

    I use the touchstone method to see if an item is REALLY 14K (or,
    whatever it is marked.) 

    Even so, 'fake' or low-karat fools me occasionally. 

    I also offer the seller an option to keep the lot together, assay
    separately, and accept the sell price (minus my fee.)  That is not
    usually practical for small lots of gold. 

    I NEVER re-use the old gold for manufacturing.  I sell it to a
    refiner and buy pure gold or casting alloy. 

David Barzilay
Lord of the Rings
607 S Hill St Ste 850
Los Angeles, CA 90014-1718
213-488-9157


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