Yesterday morning it was -4F (-20C) when I went to work. At least it wasn't windy. It hasn't been very cold up to this point and doesn't look like it will be until closer to Christmas. I didn't get to see the eclipse of the moon this morning because it clouded up overnight. Drat!
With the holidays coming I started to look into selling my hordes of gold. One class ring from 1969 (Brandywine Senior High School - go Bulldogs!) and a couple of miscellaneous pieces of yellow metal that I don't know what they are. For a fun research project (I am very curiosity driven. Have I mentioned that?) I thought I would figure out how much my pile is worth and see what all those hundreds, maybe thousands, of gold buyers would give me for it. Most of this week the market price has stayed up in the $1700 per troy ounce (31.1grams) region which makes me want to get out my gold pan when the creeks thaw out. HOWEVER, the gold boys, cash for your precious heirloom company, and their ilk (guaranteed best prices paid! yes-sirree!) tend to pay about HALF of the actual value of the metal. The brick and mortar stores say "don't mail to the other guys", and the mail guys say "don't go to those rip-off brick and mortar guys". They try and confuse people with words like "pennyweight" (1/20 of a Troy ounce or 24 grains, Troy ounce= 480 grains) and Troy weight. However, a gram is a gram is a gram, always, and it takes 31.1 grams for a Troy ounce. The purity of gold is measured in karats, 24k being pure gold, 18k being 75%, and 12k being 50% for example. The other purities are proportional So, a little arithmetic can go a long way when the
Time to go out and give the horses a snack and fill their tanks. Here is Draugen and his grand niece Beezer (I'll tell you the story of her name some other time)