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Just bought this ring

Encap

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Do you like it, i was a little shocked also as ive never paid imoprt tax before either.

I offered $800 and he accepted,
Then there was shipping fee through that ridiculous global sipping program, all up it was more than $1300 aussie dollars, i couldn't find a similar nugget coin ring anywere else eccept for this seller, Its the design im paying for! I've been looking for weeks and tried on over 50 rings and nothing appealed to me as much as this one, actually not just this one but this seller has great taste and designing skills, just like I do with lasers, he has many other buitifull rings if you can appreciate gold designs take a look!
OK that makes sense then--import duty really drives it up on top of all other costs.

If you like it, is all good. From pictures it appears to be nicely made.

+rep when I can
 
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paul1598419

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When I was much younger I purchased jewelry for the women in my life. Lots of gold, diamonds and precious gems. But, when they turned into selfish b1tche$, it occurred to me that gifts are gifts and I quit doing it. I may have about an ounce of gold left, but it is put away and I never take it out any longer.
 

BobMc

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Nice, also. When the zombie apocalypse happens you've got something to barter with. :crackup:
 

RB astro

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Nice one Billy !
Yeah, got to watch those import duties, they get you every time.

I made this pen stand from a raw piece of wood, stained it, for my daughter on her 16th birthday, she was our millennium baby.
Found these beautiful US gold coins from the year she was born and I embedded them into the pen stand along with the gold Fountain and Ballpoint Parker Pens.

Hope you don't mind me sharing, but I love gold things :crackup:



 

paul1598419

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So your daughter was born in 2000, Andrew? Are those 1 ounce USA gold coins? Most people would try to keep them enclosed in an hermetically seal cases to hold their collection value. In 50 years or more they could be worth more than their weight in gold. I do get the jewelry aspect of gold though. My daughter is 33 years old and she hates jewelry and won't wear it, so I can't do anything like that for her. I have given her coins of value as she will accept that, at least. Last time she had a present coming, I just gave her cash. I hate doing that as it is so impersonal, but she couldn't give me an idea of something she might like.
 

badboybilly

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Nice Andrew
Love it cool those are nice, I'm happy for anyone to post there gold here, if they can include there address even better!
 

Hap

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That would look cool with a 488nm diode in it. The most expensive diode deserves the most expensive heatsink, host, etc... :)

-Alex
 

RB astro

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So your daughter was born in 2000, Andrew? Are those 1 ounce USA gold coins? Most people would try to keep them enclosed in an hermetically seal cases to hold their collection value. In 50 years or more they could be worth more than their weight in gold. I do get the jewelry aspect of gold though. My daughter is 33 years old and she hates jewelry and won't wear it, so I can't do anything like that for her. I have given her coins of value as she will accept that, at least. Last time she had a present coming, I just gave her cash. I hate doing that as it is so impersonal, but she couldn't give me an idea of something she might like.
Paul yes, my daughter was born in 2000.
She's our sixth child, we have eight children, 3 boys and 5 girls.
Hehehe, I wish the coins were 1 ounce solid gold but they're not they're only 1 oz .999 Silver American Eagle U.S. Coin but just 24KT Gold Plated, only worth $25 USD.
They look good though.
I actually did also buy her a solid gold American Eagle from the year 2000 but it was only 1/10 oz, as a memento, in a hermetically sealed case but it's very small.

I know what you mean though, they are hard to buy gifts for since she doesn't wear much jewellery, she's more into guns.
She likes shotguns, she likes to shoot a .410 shotie and her brothers want to buy her a .308 when she's a bit older.



Nice Andrew
Love it cool those are nice, I'm happy for anyone to post there gold here, if they can include there address even better!
:crackup:Billy, that made me laugh....
 

paul1598419

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Yeah, after I posted that I went back and looked at the coins. Saw the 100 Mills. That is conman speak for gold plated. I had planned on sending you a PM about it, but got side tracked. Glad to hear you didn't pay a lot for them. A shot gun, you say? She going to make some man a very happy corpse. :crackup:
 

RB astro

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A shot gun, you say? She going to make some man a very happy corpse. :crackup:
:crackup:
Yeah, she's a feisty little thing, keeps me on my toes.


Billy post some more Gold buddy, I'd love to see more.

:beer:
 

Benm

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Buying gold in the form of jewelry is often not a good investment, as VAT and/or import taxes are levied, resulting in a price far higher that the gold spot price.

It probably varies around the world, but here 'investment gold' is vat-exempt, while jewely as a 21% vat slapped on. Investment gold are things like bars or nearly pure gold coins that have to collectors value at all. If you set a coin like that in the ring, pendant or such the whole thing will become a jewel and be subject to VAT, pricing it out of the gold value instantly.
 

badboybilly

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Buying gold in the form of jewelry is often not a good investment, as VAT and/or import taxes are levied, resulting in a price far higher that the gold spot price.

It probably varies around the world, but here 'investment gold' is vat-exempt, while jewely as a 21% vat slapped on. Investment gold are things like bars or nearly pure gold coins that have to collectors value at all. If you set a coin like that in the ring, pendant or such the whole thing will become a jewel and be subject to VAT, pricing it out of the gold value instantly.
Smart man!
Obviously I didn't buy it for an investment!
As I said before it's the design I'm paying for!

If I wanted an investment I would have bought in my own country and there is plenty cheap gold priced by weight in pawn shops if I just wanted a plain gold ring, I thought its obvious I was looking to buy a custom design!
 

Benm

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Oh well, it's a nice design, can't argue with that :)

I think $1300 is a bit steep though, that's the price for about an ounce. There is a quarter of an ounce in the ring itself or so, and i think that coin is a 1/20th ounce panda, right?
 

badboybilly

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15 grams is a quarter ounce!!! OMG. Are you sure you know Anything about Gold or just being annoying as usual,

There is over 1/2 an ounce of gold in the ring. An ounce is 28 grams Never mind gold content, 15.5 grams in the ring! Witch is more than half an ounce, This nugget coin design isn't available in Australia, And I was happy to pay extra for a mind blowing design!

Buy the way how much if any gold have you bought in your life!
 

paul1598419

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Actually, if I'm not mistaken, gold is weighed in troy ounces which have 31.1035 grams. And gold content is the karat weight divided by 24. So, a troy ounce of 14K gold is 58.33% pure gold. Or the gold content is .583 troy ounces which is 18.133 grams of gold.
 
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badboybilly

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Once again there is 14 grams of 14k. And 1.55 grams of 24k. Not bad at all for a ring!
 




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