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- Jul 18, 2015
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I think it’s really quite cool and very different to a classic chain link. It would go well with a suit jacket for sure.
I think it’s really quite cool and very different to a classic chain link. It would go well with a suit jacket for sure.
A couple of things to consider are the price of any gold necklace will be based on the both the weight in grams and the karat of the gold.
Currently the spot price of pure gold is approximately $1,950 per troy ounce, so price per gram varies depending upon gold karat purity:
18K: $47 per gram
22K: $57.50 per gram
24K; $63 per gram
Note a 22K necklace will cost 20% more than an 18K necklace of the same weight.
Different vendors will add varying markups to the spot price per gram. Maybe as low as 20%, sometimes as high as 100% for name brands. Estate gold necklaces dealers usually have the lowest markups. My wife bought her 94gram, 17x9/16", 18K necklace last year from an auction site for $54 per gram.
The trick before you buy is to make sure the chain is the perfect length, and the link design is classic to your eyes. Get these two answers right and the chain will be worn many, many times.
FWIW 10 minutes in a sonic cleaner will make any pre-loved gold necklace both eye and mind clean!
It is 70 grams of 24k gold. It has a 40% markup from the cost of gold weight. Which is quite significant of a loss if I were to sell it. I wish I was like some of the other PSers in this forum that have such a clear vision about how they want their look to be and can then clearly built towards it. I feel like an indecisive scatter brain. First world problems I guess
Thank you for your reply and all the advice. That chain is beautiful and at such a great price. Would you mind sharing the vendor you were able to purchase this from ? Any other estate dealers you suggest that have 22k and 24k pieces ?
It is 70 grams of 24k gold. It has a 40% markup from the cost of gold weight. Which is quite significant of a loss if I were to sell it. I wish I was like some of the other PSers in this forum that have such a clear vision about how they want their look to be and can then clearly built towards it. I feel like an indecisive scatter brain. First world problems I guess
For some of us finding our own personal style is a life long journey with some missteps and a few grand moments along the way
But its how you wear something - from the inside of oneself that counts
You just gotta get a great song in your head and rock it and honestly who cares if no one else gets it !
We bought the chain from Heritage Auctions out of Dallas, but they hold previews in Los Angeles, Chicago, and New York. We also like Bonhams Auctions out of Los Angeles. There's usually an auction once per month and you just have to wait for the right piece to come along.
Bonhams also held auctions out of New York and that's where the name brand are usually auctioned. This is similar to Christie's and Sotheby's out of New York where it's mostly high end name brands. There is always a big premium for these high end brands!
Jewels and chains are made almost exclusively in 14K, 18K, or Pt in the USA. I am not aware of any jewelers working in 22K. We are great friends with our next door neighbors who are from India. All her jewelry is fabulous and in 22K, I believe all of it originated in India and is in a more typically Indian style. Her bracelets and necklaces are gorgeous but again more Indian in style than in American or European style.
I'm so sorry, but I don't know where 22K might be readily available in the USA.
My personal advice would be to take some time - really take some time - until you’re sure.
To share an experience of mine - I was obsessed with oddiyanam (Indian temple jewelry belts) for a long time. I knew I wouldn’t wear it everyday, but I figured I would wear it often for special occasions. After dithering, I bought a costume version to test it out - and realised that I want to wear it so infrequently that a costume version is just fine for me.
Is a similar-ish costume one available? That would be an option to try out the style to see if this is really what you want. Alternatively try and find something that beats this one if you can. If you keep coming back to this, then this is what you want and this is what you should get.
Have you tried showing this in desi stores to see if they can do something similar for you?
A couple of things to consider are the price of any gold necklace will be based on the both the weight in grams and the karat of the gold.
Currently the spot price of pure gold is approximately $1,950 per troy ounce, so price per gram varies depending upon gold karat purity:
18K: $47 per gram
22K: $57.50 per gram
24K; $63 per gram
Note a 22K necklace will cost 20% more than an 18K necklace of the same weight.
Different vendors will add varying markups to the spot price per gram. Maybe as low as 20%, sometimes as high as 100% for name brands. Estate gold necklaces dealers usually have the lowest markups. My wife bought her 94gram, 17x9/16", 18K necklace last year from an auction site for $54 per gram.
The trick before you buy is to make sure the chain is the perfect length, and the link design is classic to your eyes. Get these two answers right and the chain will be worn many, many times.
FWIW 10 minutes in a sonic cleaner will make any pre-loved gold necklace both eye and mind clean!
Hello fellow PSrs. I’m trying to be more mindful of the purchases I make in order to build a capsule collection. I realized in the past I have just bought on a whim/impulse and I hardly wear those pieces. Also I’m trying to focus on quality rather than quantity.
With all this said, I have a $4k usd budget for something to add to my collection. I was thinking of a big chunky chain that would be my daily wear chain. Something that can be dressed down or be somewhat dressy (with summer dresses at least ). This chain will be in 22 or 24k gold. Problem is that almost everything I see like this appears to be “trendy” and not sure if it will withstand the test of time. I want something I can wear now (36) as well as 20+ years from now. So I’m turning to you effortlessly classy ladies for some inspiration on styles. Here are some pictures from found online of readymade high carat gold chains but the custom route is also an option.
Thank you for all your guidance