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Gold coins 24ks vs 22k

Chalanachithram.com DB » TF Industry related » Archive through March 02, 2013 » Gold coins 24ks vs 22k « Previous Next »
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Jodhaa
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Posted on Friday, March 01, 2013 - 01:19 pm:       


Andhrawala:

Tharugu min lo minimum koodaa 5-6% vuntaadhi. adhi plus labor


Plain chain key 8% wastage ippudu :-)
 

Andhrawala
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Posted on Friday, March 01, 2013 - 01:15 pm:       


Batman:


neeku oka pure 200 gms 22k gold istha ....can you exchange it with 22k gold vaddanam/oranament 200 gms(not necessary of stones) in any store in India without extra money paid to the store....




Tharugu min lo minimum koodaa 5-6% vuntaadhi. adhi plus labor
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Banda
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Posted on Friday, March 01, 2013 - 01:03 pm:       

thanks all, lot of good info..
 

Jodhaa
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Posted on Friday, March 01, 2013 - 10:53 am:       


Feelgud:


buy 24K bars for future use.
 

Jodhaa
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Posted on Friday, March 01, 2013 - 10:53 am:       


Batman:

neeku oka pure 200 gms 22k gold istha ....can you exchange it with 22k gold vaddanam/oranament 200 gms(not necessary of stones) in any store in India without extra money paid to the store....


NO.

I know what you are saying but 24K itchi 22K konatam huge loss anna point tho i dont agree...ornament ki stones untaaye..MC untadhi..wastage kooda untadhi...so final price ki cash pay chesthaama..24K tho trade chesthaama annadhi mana ishtam...e raaye ayethe enti :D
 

Feelgud
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Posted on Thursday, February 28, 2013 - 11:10 pm:       

Thanks all lot of good info
www.TheLinuxDesk.com
 

Batman
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Posted on Thursday, February 28, 2013 - 10:29 pm:       


Outlaw:

neeku inka bulb velagaledu we take 24k biscuits and sell them or 24k price in india. with that cash we buy 22k gold ornaments. its like an exchange.inka bayalderu




nenu cheppindi nuvvu cheppindi madyalo nuvvu cash chesukuntunna...naak ardham ayyindi...neekey ardham kavatle...22k gold ornaments konali ante making charges (12- 17%) + stones etc ki paisal kaatali...

simple Q
neeku oka pure 200 gms 22k gold istha ....can you exchange it with 22k gold vaddanam/oranament 200 gms(not necessary of stones) in any store in India without extra money paid to the store....

 

Outlaw
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Posted on Thursday, February 28, 2013 - 10:00 pm:       


Batman:

Outlaw...nee face chusievadanna 24 k gold oranament/vaddannam chesi ammada? evado pedda topi pettindu




neeku inka bulb velagaledu we take 24k biscuits and sell them or 24k price in india. with that cash we buy 22k gold ornaments. its like an exchange.inka bayalderu
 

Batman
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Posted on Thursday, February 28, 2013 - 09:26 pm:       

Outlaw...nee face chusievadanna 24 k gold oranament/vaddannam chesi ammada? evado pedda topi pettindu
 

Outlaw
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Posted on Thursday, February 28, 2013 - 09:17 pm:       


Batman:

there is no price for 24k gold in India it is only 22k in any store in India




ne face enadanna gold konnava india lo? batman anta batman uzeless fella anni tappule india lo 24k ki 22k ki 2-3k difference vuntadi. shops pay the difference when they take 24k.
 

Batman
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Posted on Thursday, February 28, 2013 - 09:10 pm:       

there is no price for 24k gold in India it is only 22k in any store in India...they only sell 22k for any ornament made...if you are exchanging 24k gold here to 22k gold same weight in India it is huge loss for you..I'm talking about buying 24 k gold here and exchanging with 22k readymade ornament...
 

Truelies
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Posted on Thursday, February 28, 2013 - 09:07 pm:       


Gotcha:

ee price teda ga undi. shop lo vadu $50 extra vestunadu saying it is stock price and not actual gold price. idi correct aa?




spot price/per Oz: is what trading happens at stock exchange.

coin price/per Oz: spot price + premium;

usually premium = $20 to $50, varies from seller to seller.
premium ante coin cheyyadaniki, dani meeda logo print veyyadaniki ayye charges anukochu.

canadian maple etc will have more premium.
simple bar (like pamp suisse, perth mint, kitco bar) will have less premium.
 

Truelies
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Posted on Thursday, February 28, 2013 - 09:04 pm:       


Batman:

Truelies...evaru cheppindi neeku...making charges applies in all gold stores....if you want to buy something like vaddanam and exchange with your gold...you need to know these calculations...they are deep details...




saami....why are you comparing gold weight to gold weight..?? this is not easy & complicated..

just compare price to price..simple.
 

Batman
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Posted on Thursday, February 28, 2013 - 08:49 pm:       

Truelies...evaru cheppindi neeku...making charges applies in all gold stores....if you want to buy something like vaddanam and exchange with your gold...you need to know these calculations...they are deep details...
 

Gotcha
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Posted on Thursday, February 28, 2013 - 08:15 pm:       


Truelies:

1500


ee price teda ga undi. shop lo vadu $50 extra vestunadu saying it is stock price and not actual gold price. idi correct aa?
This real estate is for sale.
 

Truelies
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Posted on Thursday, February 28, 2013 - 08:10 pm:       


Batman:




thammudu.. aa type calculations work kaavu.

say u hv 1 coin.

aa roju gold coin price = 1500 anuko.
walk in to shop and select a chain with price tag 2000.
give coin + 500 cash and take chain. simple..
 

Batman
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Posted on Thursday, February 28, 2013 - 07:36 pm:       

if you know a trusted goldsmith...they will do it for only 5-7% making charges...just take pure gold to him and he will make valuable ornamet but they may not make beautiful models and designs as you find in big stores...big stores are always risky...if you have no time and choice buy them in good stores
 

Batman
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Posted on Thursday, February 28, 2013 - 07:33 pm:       

Gotcha...say you take 5 gold bars 24k from here ...5*31 = 155 gms 24k gold...India lo it is always 22k gold + stones (if on the gold ornament) + making charges (ranges between 12 - 17%)....for each 100gms of 24k pure gold they will add 16gms of brass and make it 22k of gold + total weight...so 155 gms of 24 k = app 175 gms of 22k gold

If you are buying a gold ornament 175 gms of 22k gold + making charges applies.
now big stores like kalyan/josalukas add their 12- 17% making charges and sell them...you have to do the calculation and negotiate

mind you there is lot of demand for 24k gold in India

 

Gotcha
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Posted on Thursday, February 28, 2013 - 07:25 pm:       


Batman:

India lo you have to be very careful while dealing with exchange,,,do full research


aa details kuda chepandi. careful ante emi cheyali?
This real estate is for sale.
 

Batman
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Posted on Thursday, February 28, 2013 - 07:21 pm:       

Canadian maple is the best...most ppl go with it...make sure it is .999 pure 24k gold written on the bar...if you are taking them toi india go to trusted gold store here and that guy will make them as bangle but make sure before and after the weight is the same...they will easily cheat you...I lost 2 gms of gold once as that guy said it will be taken off by the machine as being twisted...that shoul;d not be the case...India lo you have to be very careful while dealing with exchange,,,do full research
 

Anand_n
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Posted on Thursday, February 28, 2013 - 07:06 pm:       


Feelgud:




The last time I asked the coin store guy why Krugerrand had a higher premium he said its because 24 c coin scratches easily - Krugerrand (22) holds up better..

The foolish man seeks happiness in the distance; the wise grows it under his feet : James Oppenheim
 

Casino
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Posted on Thursday, February 28, 2013 - 06:59 pm:       


Feelgud:

i have decided to buy some gold coins for my daughter jewelery in future . so for that purpose which one is good 24k vs 22k .. any suggestions?.Thanks


coins or bars eppudu pure gold .9999 pure vuntadhi bro. 22k is ornaments. mee daughter future use kosam ayyithe, coins or 100 gram bars toyyandi. wait for a month or two, let the gold price settle down, I think it has some more room to go down. my 2 cents.
 

Gotcha
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Posted on Thursday, February 28, 2013 - 06:57 pm:       


Banda:

24K ayithe american buffalo or canada maple leaf lo edhi better


mapple leaf ivi anni high end, go with standar bars from that vendor like kitcobar, apmex bar etc.

jeweller ki exchange ki edaina okate.
This real estate is for sale.
 

Vjawarrior
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Posted on Thursday, February 28, 2013 - 06:40 pm:       


Banda:

24K ayithe american buffalo or canada maple leaf lo edhi better



maple leaf/pamp suisse chaala mandi prefer chestaru...
of coz ....i dont think it really matters....as far as its pure gold
Naakonchem tikkundi...kaani daanikoka lekkundi...
 

Banda
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Posted on Thursday, February 28, 2013 - 11:15 am:       

24K ayithe american buffalo or canada maple leaf lo edhi better
 

Mikkymouse
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Posted on Thursday, February 28, 2013 - 10:49 am:       


Feelgud:




Coins/Bars ayithe 24k ne kontam.
Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani...
 

Feelgud
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Posted on Thursday, February 28, 2013 - 10:24 am:       

Thanks for all the inputs..i see we use 22k for making jewelery ..that makes me to ask this Q.. Trulies point also valid.. Thanks again..
www.TheLinuxDesk.com
 

Linkmaster
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Posted on Thursday, February 28, 2013 - 09:16 am:       


Feelgud:




US make vi unnay 22K... I brought some of them.. I do not know is it ok or not..
but u get 24K one ounce of it it.. They give 33Grms instead of 31 grames..
 

Andhrawala
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Posted on Thursday, February 28, 2013 - 09:01 am:       


Feelgud:

i have decided to buy some gold coins for my daughter jewelery in future . so for that purpose which one is good 24k vs 22k .. any suggestions?.Thanks




u will buy 24K gold
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Truelies
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Posted on Thursday, February 28, 2013 - 08:58 am:       

usually people buy gold coins and exchange them for same worth of jewellery at the time of exchange.

i don't recommend giving coins to jeweller and asking them to make jewellery with same coins. buy .9999 pure gold coin.
 

Feelgud
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Posted on Thursday, February 28, 2013 - 08:55 am:       

i have decided to buy some gold coins for my daughter jewelery in future . so for that purpose which one is good 24k vs 22k .. any suggestions?.Thanks
www.TheLinuxDesk.com

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