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cost of platinum per ounce?

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rxtasy74

Rough_Rock
Joined
Jun 9, 2005
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31
thanks. yup, it is 1100...i had a local independent jeweler try to tell me it is 2K per ounce...did he think i wouldnt check?
 

belle

Super_Ideal_Rock
Joined
Nov 19, 2004
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10,285
Date: 12/13/2006 10:46:02 AM
Author: rxtasy74
thanks. yup, it is 1100...i had a local independent jeweler try to tell me it is 2K per ounce...did he think i wouldnt check?
sadly, yes.

way to be proactive!
 

path914

Rough_Rock
Joined
Aug 1, 2005
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41
Hallmarked scrap is jewelry that has been stamped or hallmarked with the percentage of pure metal content and is being turned in as scrap to be melted and reused. For example an 18k gold ring would be stamped "750" or "18k" and a platinum ring would usually be stamped "950", "900", or "PLAT".
 

zhuzhu

Ideal_Rock
Joined
Mar 15, 2006
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2,503
So if they are all the same in contain why is hallmarked scrap cheaper in price?
 

Londonchris

Rough_Rock
Joined
Nov 29, 2006
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96
Date: 12/18/2006 1:05:57 AM
Author: zhuzhu
So if they are all the same in contain why is hallmarked scrap cheaper in price?
Normally "scrap" is being traded in for cash,and you could consider it second-hand,so like anything else you only get a fraction of what "new" metal costs.
 
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