cost of platinum per ounce?

[rxtasy74]

thanks

 

[rxtasy74]

1100 per ounce sound about right?

 

[belle]

http://www.platinum.matthey.com/prices/current_historical.html

 

[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?

 

[belle]

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!

 

[rxtasy74]

so if a band weighs about 24 grams what is a fair price w/labor?

 

[Londonchris]

1106 and hallmarked scrap 840.56

 

[Londonchris]

Date: 12/13/2006 12:29:22 PM
Author: rxtasy74
so if a band weighs about 24 grams

Thats some band

 

[zhuzhu]

What is "hallmarked scrap"?

 

[path914]

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]

So if they are all the same in contain why is hallmarked scrap cheaper in price?

 

[Londonchris]

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.