Sep 15, 2011
Administrivia: It is now possible to get automatic downloads of new In theTreasure Corner shows as they are posted, without getting my other shows on old-time radio and softball. Go to http://danhughes.libsyn.com/rss/treasure and subscribe only to the old-time radio podcasts.
And now, back to your regularly-scheduled program:
This show is about gold. Here are a couple of things I couldn't fit into the program:
1. If you are going to sell your gold, read this first: http://tinyurl.com/3fcnhod. There are a LOT of similar scams going on with the price of gold as high as it is.
2. Here's the formula to determine how much your gold ring is worth:
A. Weigh the ring in grams. Most men's rings are between 12 and 22 grams; most women's rings are between 4 and 10 grams.
B. If a 10K ring: Multiply grams X .0134 X value of one ounce of gold (found daily at top of this page: http://goldprice.org).
C. If a 14K ring: Multiply grams X .01875 X value of one ounce of gold.
D. If an 18K ring: Multiply grams X .0241 X value of one ounce of gold.
UPDATE: Here's a site that will do all that math for you automatically, and it even knows the current-to-the-minute price of gold: http://www.dendritics.com/scales/metal-calc.asp
Thanks to New Hampshire Bob for this info!
For more articles about treasure hunting, and a look at my book The Metal Detecting Manual, visit http://treasuremanual.com.