Preview Mode Links will not work in preview mode

In the Corner with Dan Hughes


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.