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Old May 29th 08, 05:24 PM posted to rec.crafts.jewelry
Séimí mac Liam
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Posts: 48
Default Silver supplier question

"Peter W.. Rowe," wrote in
:

On Sun, 25 May 2008 20:28:15 -0700, in rec.crafts.jewelry Abrasha
wrote:

Specific gravity of fine gold is 19.32 and that of 18K gold is around
15.6. So, assuming the specific gravity for 22K gold is 19 (it is
most likely not) the weight of a piece of rod as you describe would
be 7.472 kg, which is 16.473 lb avoirdupois or 20.019 lb troy.


... which is roughly 220 troy ounces of fine gold, which at the
current gold market price of about $925 an ounce, is about what you
could pay for a fairly modest home in the midwest, or a really nice
place in New Orleans (I'm guessing with that one...) or perhaps one
really fantastic automobile....

All in all, the gold is easier to carry.

cheers

Peter




Aye, but a Bugatti has wheels.

--
Saint Séimí mac Liam
Carriagemaker to the court of Queen Maeve
Prophet of The Great Tagger
Canonized December '99

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