New Zealand Gold Prospecting & Metal Detecting Forums Archive

I am selling some gold to pat for some decent heating in my house in the form of a wood burner.

I have 2 parcels for sale on trade me at present.

1. 44 grams of central otago alluvial gold - fines and flake.

Trade Me Listing #: 485602830

http://www.trademe.co.nz...isting.aspx?id=485602830

2. 9.7 grams of central otago gold - consists of 41 little nuggets/ large flakes.

Trade Me Listing #: 485605193

http://www.trademe.co.nz...isting.aspx?id=485605193

Both parcels are on trade me at present on 3 day auctions. both currently have buy nows a little over the start price (once bidding starts there is no buy now).

Perhaps someone knows of someone buying.

If these don't sell on Trade Me i am going to sell to a gold merchant.

lammerlaw,

i know you tell us all to hang onto it but i am putting it to good use in trying to keep warm. hopefully it will add to my house value too.

the gold price is lower than is was. but fuel prices are also down. both seem to track along together.

i'm pretty confident the price is going to go up further but unfortunately i need a wood fire.

while i worked bloody hard to find it there is always next summer. learnt a lot this one so can only improve on my strategies for finding it.

work efficiencies are key for me. it's easy to waste time doing it wrong. well, not wrong but things can always be improved.

my goal is to get up earlier each day next summer! some good neoprene may be needed. water is never warm here.

Hi Simon pm message me if you don't have any luck on trade me as I have a friend who is investing in Au and might also be interested in acquiring that elemental wonder. I am sure that you will have interest here on the forum too as Lammerlaw pointed out. The gold merchant will give you about one third the spot price and will speel something about the 'price having dropped back a bit over night' and something about the 'assaying fee' and will buy your 24 carat hard earned yellow at 22 carat price, roughly $22 per gram, same with any jewellers etc. I have learnt the hard way and now hold on to it for as long as possible and sell it privately, getting about $60+, there is a gutting empty feeling when you let go of it for a bad price, but circumstance sometimes has you against the wall. It is good that you are doing something useful with your Au, and I see your location is in central so the prospects are close to home, yes the price is expected to reach $2500 US per oz by 2015, some predictions are $5000 an ounce!!!!

LepreSean:

yeah, you can lose a bit if you sell via a merchant. last year the gram price was at $60, i got $40 gram i think.

for every hard worker there is someone in the system somewhere taking advantage and making easy money in some office somewhere down the line.

i did already sell a few grams to a mate at $65 gram, so way better. he in turns makes it into jewellery to sell.

and trade me always take a good chunk too if you sell there.

http://www.goldprice.org/ if its clean and assays around 95% you should get 90% of this price. Because of the dreaded melt lose.

The gold buyer I use is paying 58nz a gram. but I must admit there are some fees
70 for assay and 7.50 per ounce handling fee. so it all comes off and it brings the final price down.

but at the end of the day you get what its worth to someone and that may be more than that or as you say gingerbreadman $40 could be close and stress free if you do not want the hassle..

if you want you can PM me simon and i will tell you what i do.

I have some on sella at the moment.

cheers Treeman

Sound advice from stev and treeman 1 thing that has been left out is the more you have the better deal you get so that means once the man has pulled out the calculator dont be shy to haggle a little.

This does not help Simon but does anybody have a nugget of around one ounce (32 g) for sale? I realise that nuggets of exactly this weight are rare so wouldnt mind something a bit but not too much above but not below this weight. I have given up hope of finding one but always promised myself I would have one.

Hi Simon, want to post the links to the auctions? How much are you asking per gram? Cheers, Gavin