October 4, 2010
Gold bracelet…what could it be worth?
I have a gold 'bangle' type bracelet. It has no major workmanship to speak of, it is merely a lump of 22kt gold bullion that was shaped into a strip and bent to make a bracelet. It is 60 grams of pure 22kt gold. I watched the Indian man make it, he melted some gold coins down and made the bracelet using old-fashioned tools like a blacksmith. Anyway, it's just sitting in a safe place and I am wondering if I am better off selling it, or keeping it? How much is 60 grams of 22kt gold worth?
Filed under Gold Coin Jewelry by on Oct 4th, 2010. 
Comments on Gold bracelet…what could it be worth?
22kt, is 22/24 % , not bad.
as for 60 grams, it’s about 2 troy ounces, @ 670/ounce, it’d be worth roughly $1,300.
Kitco sells this
Kitco ChipGold 20 gr
$458. 79
so 3x that would be about $1,300.
The first poster supplied the melt value, but remember if you sell the bracelet you will get less than that, probably about 15% less or in the neighborhood of $1100.
Well I think you should keep it, until gold price appreciate some more. I think gold is going to get higher then. But then again, when it comes to investing it’s hard to be sure of anything. . . Good Luck