/biz/ - Business & Finance

Does jewelry count as part of an inflation hedge? I have a few ounces of pure gold in the form of inherited jewelry, mostly 14k bracelets and necklaces, TONS of rings I haven't bothered valuing in the 10-14k range and a bit over a troy oz of pure gold in some 18k chains and bracelets, and some 22-24k pieces coming soon for super cheap. I know 22k+ is preferred but if you just have a few ounces of pure gold lying around in old jewelry it's the gold that can be extracted that counts right? I know jewelry guys (maybe not coin guys) don't give a damn if a Cuban chain is in 10 14 or 18 as long as it's got an ounce of gold in (and they usually have close to 2 or more because of the nature of Cuban chains being very thick and heavy)

Also thinking of getting Britannia 1/10s in gold every now and then because they're cheap.Thoughts on getting 1/10s vs 5 gram generic rounds in gold? Thinking of leveling out my gold treasure pile with a ton of little coins since it's what I can afford right now, and of course silver coins.

I mean I know there's a lot of nuance with the price of silver fluctuating by a few cents every few hours and coin shops are really autistic about this coin vs that coin for verification purposes but I figure if I get it from a quality mint and it's pure gold or silver that's all that really matters right? I only have a few ounces of silver, I'm getting more, I have some sterling jewelry and I'm gonna start getting a couple ounces each month, probably rounds or eagles depending on what's available for cheap where I normally look for gold and silver.