# opening a we buy gold stand near hvcc **URL:** \ **Category:** Shift518 Off Topic\ **Created:** [June 8, 2011, 6:01pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838 "2011-06-08T18:01:34Z")\ **Posts on this page:** 20\ **Page:** 4
**Author:** ![pitman](https://avatars.discourse-cdn.com/v4/letter/p/4da419/32.png) [@pitman](https://forums.speedlife.net/u/pitman)\ **Post date:** [June 27, 2011, 1:26pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/61 "2011-06-27T13:26:20Z")
> [@Boost Creep"](#): > > Gold will go down, it’s silver you are gonna start to see move. play the lotto if you can see the future and great idea buying presious metals ---
**Author:** ![usmc2801](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/usmc2801/32/6387_2.png) [@usmc2801](https://forums.speedlife.net/u/usmc2801)\ **Post date:** [June 27, 2011, 3:03pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/62 "2011-06-27T15:03:06Z")
> [@Some info for Xbox 360 owners](https://forums.speedlife.net/t/some-info-for-xbox-360-owners/43399/10): > > play the lotto if you can see the future > > and great idea buying presious metals What’s a “presious” metal? ---
**Author:** ![6SPD\_S4](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/6spd_s4/32/6326_2.png) [@6SPD\_S4](https://forums.speedlife.net/u/6SPD_S4)\ **Post date:** [June 27, 2011, 5:59pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/63 "2011-06-27T17:59:39Z")
Here is a Precious ![http://www.examiner.com/images/blog/EXID10201/images/Precious(2).jpg](http://www.examiner.com/images/blog/EXID10201/images/Precious(2).jpg) ---
**Author:** ![plaf713](https://avatars.discourse-cdn.com/v4/letter/p/439d5e/32.png) [@plaf713](https://forums.speedlife.net/u/plaf713)\ **Post date:** [June 27, 2011, 10:16pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/64 "2011-06-27T22:16:42Z")
Sorry they are krugerrand coins from south africa ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [June 28, 2011, 8:34am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/65 "2011-06-28T08:34:02Z")
> [@WTB: a LOUD system](https://forums.speedlife.net/t/wtb-a-loud-system/43388/18): > > Sorry they are krugerrand coins from south africa I thought they would be… krugerrand are the most common pure gold coins… I’d give ya around $1350 a peice. ---
**Author:** ![indy440](https://avatars.discourse-cdn.com/v4/letter/i/b5ac83/32.png) [@indy440](https://forums.speedlife.net/u/indy440)\ **Post date:** [June 28, 2011, 8:37am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/66 "2011-06-28T08:37:35Z")
damn ---
**Author:** ![b-ri](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/b-ri/32/6376_2.png) [@b-ri](https://forums.speedlife.net/u/b-ri)\ **Post date:** [June 28, 2011, 8:40am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/67 "2011-06-28T08:40:37Z")
> [@Rapper Nas is a ####er (rhymes with bigger)](https://forums.speedlife.net/t/rapper-nas-is-a-er-rhymes-with-bigger/43333/34): > > I thought they would be… krugerrand are the most common pure gold coins… I’d give ya around $1350 a peice. you should prolly sell those ---
**Author:** ![tdi\_logik](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tdi_logik/32/6310_2.png) [@tdi\_logik](https://forums.speedlife.net/u/tdi_logik)\ **Post date:** [July 15, 2011, 3:42pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/68 "2011-07-15T15:42:20Z")
closed? i drive by everyday on my way to work and the stickers were gone and the booth was empty ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [July 15, 2011, 5:07pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/69 "2011-07-15T17:07:37Z")
> [@damn! this guy can drive](https://forums.speedlife.net/t/damn-this-guy-can-drive/43927/9): > > closed? i drive by everyday on my way to work and the stickers were gone and the booth was empty Two weeks into lease made by the owner, owner tells me coorporate came and said owner was not allowed to have another business on the same property… Suing the owner for mass $$… The amount of the 6 month lease, the thousands in signs, stickers, business cards, labor and loss of wages… Pissed me the fuck off with this one. ---
**Author:** ![b-ri](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/b-ri/32/6376_2.png) [@b-ri](https://forums.speedlife.net/u/b-ri)\ **Post date:** [July 15, 2011, 5:09pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/70 "2011-07-15T17:09:27Z")
oh what the dick ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [July 15, 2011, 5:45pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/71 "2011-07-15T17:45:29Z")
> [@\*\*\*\*Official: Southgate Meet Thread\*\*\*\*](https://forums.speedlife.net/t/official-southgate-meet-thread/29171/1504): > > oh what the dick yeah man, it was such a good spot too I made the rent for a year in like my first three days of being there. Id rather stick with that spot then win $10k in court and have to leave. ---
**Author:** ![b-ri](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/b-ri/32/6376_2.png) [@b-ri](https://forums.speedlife.net/u/b-ri)\ **Post date:** [July 16, 2011, 8:02am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/72 "2011-07-16T08:02:56Z")
just set up in the parking lot and do it out of the back of hotwheels van ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [July 16, 2011, 8:09am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/73 "2011-07-16T08:09:18Z")
> [@b-ri"](#): > > just set up in the parking lot and do it out of the back of hotwheels van lol ---
**Author:** ![Boost\_Creep](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boost_creep/32/6366_2.png) [@Boost\_Creep](https://forums.speedlife.net/u/Boost_Creep)\ **Post date:** [July 16, 2011, 8:24am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/74 "2011-07-16T08:24:48Z")
> [@Some info for Xbox 360 owners](https://forums.speedlife.net/t/some-info-for-xbox-360-owners/43399/10): > > play the lotto if you can see the future > > and great idea buying presious metals I do just fine, don’t worry about me. ---
**Author:** ![TurboTravis](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/turbotravis/32/6406_2.png) [@TurboTravis](https://forums.speedlife.net/u/TurboTravis)\ **Post date:** [July 16, 2011, 8:46am UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/75 "2011-07-16T08:46:17Z")
I had a dream that I was down at this store, some “N” came in, started smoking weed, and me and Dave kicked his ass LOL ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [July 16, 2011, 1:05pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/76 "2011-07-16T13:05:09Z")
> [@FS: Hey GN Guys; 86 GN-$1000](https://forums.speedlife.net/t/fs-hey-gn-guys-86-gn-1000/43053/64): > > I had a dream that I was down at this store, some “N” came in, started smoking weed, and me and Dave kicked his ass LOL lmaooo… Some N came in and tried to sell me a half a pound of weed no lie, does that mean this half happened already? ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [July 17, 2011, 9:11pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/77 "2011-07-17T21:11:42Z")
So teach us… for easy math… if i have a one ounce 10k ring, would that be roughly 42% pure… that would be About $650 (based on $1550 oz. If you buy at pennyweight… does that mean at best one could expect is about $415 for that one ounce 10 ring? Just tyin to find the overall margin assuming…lol…prices dont change. Is the conception correct here? ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [July 17, 2011, 10:10pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/78 "2011-07-17T22:10:19Z")
> [@eclipse turbo installation](https://forums.speedlife.net/t/eclipse-turbo-installation/29604/74): > > So teach us… for easy math… if i have a one ounce 10k ring, would that be roughly 42% pure… that would be About $650 (based on $1550 oz. If you buy at pennyweight… does that mean at best one could expect is about $415 for that one ounce 10 ring? Just tyin to find the overall margin assuming…lol…prices dont change. Is the conception correct here? 10k = 41.6% gold 14k = 58.3% gold 18k = 75% gold 22k = 91.6% gold 24k= 100% gold The “spot” price is the current gold value Say right now its $1500 Theres 20 pennyweights in an ounce (31.1 grams) “spot” divided by 20 (an ounce) x the karat in number form x the percent your getting paid = how much PER pennyweight. Assume your getting 100% which is impossible but just to make it easy. 1500 divided by 20 times 416 times 100 = $31.20 per pennyweight of 10k $31.2 times 20 (an ounce) = $624 At 1550 it would be $644.80 for an ounce of 10k ---
**Author:** ![love4boost](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/love4boost/32/6658_2.png) [@love4boost](https://forums.speedlife.net/u/love4boost)\ **Post date:** [July 17, 2011, 10:15pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/79 "2011-07-17T22:15:22Z")
I cant tell you what to expect as everyone pays different. Pawn shops tend to pay around 50-60% (at $1550 an ounce of 10k at 50% = $323) Jewelry stores 70-80% (at 1550 an ounce of 10k at 70% = $452.4) I pay right around 90% in bulk (at 1550 an ounce of 10k at 90% = $581.6) I refiner pays around 93-94% which is the last stop but you need to have at least 100 ounces of gold to get that price. ---
**Author:** ![Mk4\_30R\_Ban](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mk4_30r_ban/32/6347_2.png) [@Mk4\_30R\_Ban](https://forums.speedlife.net/u/Mk4_30R_Ban)\ **Post date:** [July 17, 2011, 10:20pm UTC](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838/80 "2011-07-17T22:20:20Z")
> [@how can i get some Revenge? im stressed.](https://forums.speedlife.net/t/how-can-i-get-some-revenge-im-stressed/43977/7): > > 10k = 41.6% gold > 14k = 58.3% gold > 18k = 75% gold > 22k = 91.6% gold > 24k= 100% gold > > The “spot” price is the current gold value > > Say right now its $1500 > > Theres 20 pennyweights in an ounce (31.1 grams) > > “spot” divided by 20 (an ounce) x the karat in number form x the percent your getting paid = how much PER pennyweight. Assume your getting 100% which is impossible but just to make it easy. > > 1500 divided by 20 times 416 times 100 = $31.20 per pennyweight of 10k > > $31.2 times 20 (an ounce) = $624 > > At 1550 it would be $644.80 for an ounce of 10k all you did was just break down everything he said a step further by showing the formula he used. you didnt even answer his question :lol [Previous page](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838.md?page=3) [Next page](https://forums.speedlife.net/t/opening-a-we-buy-gold-stand-near-hvcc/258838.md?page=5)