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24K Korean Gold for Sale (4.582 Troy Ounces) 99.99%

 
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hugo_danner



Joined: 21 Jun 2006
Location: korea

PostPosted: Sun Nov 11, 2007 5:27 pm    Post subject: 24K Korean Gold for Sale (4.582 Troy Ounces) 99.99% Reply with quote

I need to raise some $$ and have some traditional Korean "gold money" 24k gold. Three are 37.5 gram square buttons (think very heavy chicklets here) and 2 are in the form of (round button) 11.25 grams and 18.75 grams. for a total of 142.5 grams or 4.58 troy ounces (31.1g) total.

If you like we can meet and go to a jewler to verify weight, value, etc... Please contact me via PM.
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Sun Nov 11, 2007 5:49 pm    Post subject: Reply with quote

how much...might help?
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hugo_danner



Joined: 21 Jun 2006
Location: korea

PostPosted: Sun Nov 11, 2007 6:07 pm    Post subject: Reply with quote

spliff wrote:
how much...might help?


Less than current spot price. Say 7% less.
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mrsquirrel



Joined: 13 Dec 2006

PostPosted: Sun Nov 11, 2007 6:21 pm    Post subject: Reply with quote

So that's basically 1 Baht of gold.

Is it stamped or marked in anyway?
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hanguker



Joined: 16 Mar 2005
Location: Korea

PostPosted: Sun Nov 11, 2007 8:38 pm    Post subject: Reply with quote

Ok, I'm probably going to seem silly here, but

I don't know much about dealing with gold, but couldn't you just sell it to the jewelry dealer for "spot" price? Isn't that the beauty of gold? You can just sell it at the market price anytime?

I guess what I'm asking is: What is the advantage of me, or anyone, buying this off of you?
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Sun Nov 11, 2007 10:29 pm    Post subject: Reply with quote

Right, just sell it a t a gold shop for market price (probably a little less)
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hugo_danner



Joined: 21 Jun 2006
Location: korea

PostPosted: Tue Nov 13, 2007 5:24 am    Post subject: Reply with quote

spliff wrote:
Right, just sell it a t a gold shop for market price (probably a little less)


Actually, a lot less! If they cut throats over English education, you think they won't do worse at something like gold?!? Dave's is full of idiots, anyway!
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hanguker



Joined: 16 Mar 2005
Location: Korea

PostPosted: Tue Nov 13, 2007 1:28 pm    Post subject: Reply with quote

Quote:
Dave's is full of idiots, anyway!


Geesh, real drama-queen here. Rolling Eyes
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spliff



Joined: 19 Jan 2004
Location: Khon Kaen, Thailand

PostPosted: Tue Nov 13, 2007 1:51 pm    Post subject: Reply with quote

Gold is gold, there's a set price for it. Laughing
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hugo_danner



Joined: 21 Jun 2006
Location: korea

PostPosted: Tue Nov 13, 2007 3:25 pm    Post subject: Reply with quote

hanguker wrote:
Quote:
Dave's is full of idiots, anyway!


Geesh, real drama-queen here. Rolling Eyes


Real d.ickhead here!

Seriously, I went to a jeweler and he offered me the equivalent of penny weight. If they're cut throats about a simple thing like teaching English, they'd kill when it comes to something serious!
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regicide



Joined: 01 Sep 2006
Location: United States

PostPosted: Thu Nov 15, 2007 7:01 pm    Post subject: Reply with quote

hugo_danner wrote:
spliff wrote:
how much...might help?


Less than current spot price. Say 7% less.


I got 75% of the retail price for a gold piece I bought here in Korea. That means if you buy gold as an investment , it would have to go up that much just to break even.

Ebay is your best bet. You should get closer to 90% on a good auction. If you have a Paypal account, you can get the money immediately with your Pay Pal debit card.


Last edited by regicide on Fri Nov 16, 2007 4:31 am; edited 1 time in total
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merkurix



Joined: 21 Dec 2006
Location: Not far from the deep end.

PostPosted: Thu Nov 15, 2007 7:12 pm    Post subject: Reply with quote

Current Market Value of Gold as of 22:00 NYT: 791.00 USD per ounce.

You have: 4.582 ounces of it pure.

Total Market Value: approx. 3,624 USD

7 % markdown: approx 3371 USD

Converted to Won: approx 3.09 million won.

There I did the math for everyone. Might be a hard sell here, especially with current gold prices on the decline. Good luck.
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yellowking



Joined: 30 Oct 2007

PostPosted: Fri Nov 16, 2007 10:47 pm    Post subject: 2.0 mil Reply with quote

not trying to be an a$$, but if you really need cash that bad... ill buy the whole lot for 2.0 mil (if the purity/weight is verified). i know its not what you want to sell it for, but if ur in need of cash today or any other day let me know. if not, i wish you the best of luck selling it in the future. thanks.

[email protected]
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hugo_danner



Joined: 21 Jun 2006
Location: korea

PostPosted: Sat Nov 17, 2007 6:59 pm    Post subject: Reply with quote

Already sold......................
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