Gold jewellery shock

Murphybear

FlorayG said:

Retail value of gold jewellery and resale value - that sounds about right. Resale value pretty much gives you the value of the raw materials, not the fancy design of the piece. I inherited a gold and diamond ring valued for insurance at £15,000...I've been offered £4,500 for it by a reputable second-hand jeweller ( SO I'm keeping it!)

Nearly 30 years ago we got engaged and we went to Hatton Garden and found a jeweller to make an engagement and wedding ring to my design.  They weren’t wildly expensive as there was no massive High St markup.  I got them valued last year and wasn’t particularly surprised to find they hadn’t increased hugely in value.  Not that I minded that much as they weren’t bought as an investment and never leave my finger.  

It did make me realise how much of the purchase price was for the labour involved in making it just for me.  

Arunmor

9ct scrap gold 1987 per gram = ~£8.65
9ct scrap gold 2025 per gram = ~£26.07
If 18ct double both those prices.

If worth anymore that is the aesthetic value, but that could be zero or minimal.