If a ring has a large stone, you must subtract the estimated weight of that stone from your total weight before calculating your offer.

To make money, you typically aim to buy at 60%–80% of that melt value. 2. Essential Testing Kit

These have very little gold and are generally not worth buying for scrap profit unless you have massive quantities.

A stone and various acids (10k, 14k, 18k, 22k) to check for reactions.

Profit is made in the "hunt." Look for gold in places where the seller wants quick cash:

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