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Comments

• [1] Robert from NYC March 24, 2008 - 09:56AM

  What, turning her gold into the lowest dollar in decades! Sounds dumb to me.

  
  
• [2] Paulo from Paterson, New Jersey March 24, 2008 - 10:09AM

  Get that gold turned into euros...

  
  
• [3] jane from hudson valley, NY March 24, 2008 - 10:12AM

  Hi, I sold some pieces of gold on Friday.

  Felt good to get a few dollars for things I never wear!

  This is the 3rd time I did this.

  Once on the 1980's and once last year.

  Jane

  
  
• [4] Sabrina from NYC March 24, 2008 - 10:14AM

  Any tips on selling dental gold? There is porcelain attached to some pieces. Thank you!

  
  
• [5] Michael from Park Slope March 24, 2008 - 10:17AM

  Before everyone melts down the "family jewels," people should note that at $1,000 per ounce, gold today is cheap. On an inflation-adjusted basis, going back to 1980, the spot price of gold should today should be about $2,500 per ounce to have the same purchasing power it had about 30 years ago.

  
  
• [6] ads March 24, 2008 - 10:20AM

  In some countries only gold will buy real estate....in other ones grave robbers are modern day gold miners, seeking fillings relatives missed...

  
  
• [7] Natasha from Brooklyn March 24, 2008 - 10:20AM

  As a jeweler, I can attest that this market has been quite tough for us. So, here is my personal recommendation. Find a jeweler that specializes in handmade work and either have them give credit for the scrap value, or in some cases, the actual gold in the jewelry can be remelted and fabricated into the a new piece. It's a chance to get some new jewelry, helps sustain craftspeople in your local area, and recycling the gold is good for the planet.

  On another note, because of the high prices, I have heard that some of the scrap dealers on the street have stopped buying small quatities of gold because of the deluge of people trying to sell their gold.

  Finally, silver and platinum are very high right now too. I would be in a big hurry to scrap any unworn platinum jewelry right now.

  
  
• [8] Rosa Roth from Brooklyn March 24, 2008 - 10:21AM

  If you take inflation into account, gold is cheaper than in the 80s.

  For me gold is a save haven. the USD is falling and that's why gold is so high.

  I converted my savings into gold bullion coins this year. And if I decided to sell it, I'd buy Euros with it not Dollars.