/biz/ - Business & Finance

>>56228557
its all cumulative. I've got about 50k of jewelry that I've got for around scrap with a small amount slightly over spot. If I have cash on hand and something comes up on ebay or from scrap dealers that I know locally -- and I even halfway want to wear it or give it to my wife-- I buy it.

I know that for some of it I will lose 25% immediately if I sell it for scrap, but I feel like if you are buying for long term holding but I feel that if you enjoy wearing it (which has value in itself) it is worth it since it will surpass the premium you paid over the long term.

I got pic related for my wife but it hasn't come yet. 1250USD + 100USD shipping for 25g of 18k gold. If the diamonds are even half decent quality it'll look pretty good I'm sure.

The funny thing is that if you have real gold jewelry -- even if it's out of style -- people think you're rich. I wear 10k watches and nobody says anything but when I wear a pin with 5g of gold people look at it and say "you must be doing very well for yourself these days".