Ms. Cheng from Sha Tin turns idle wedding gold into startup capital for a new life. | Gu Jin Jian Bao
The Buyback of wedding gold jewelry usually has a story of a life turning point behind it. Some people are moving to a bigger house, some are starting a business, and some simply feel it's a waste to keep it. Ms. Cheng's situation is more unique – she wants to transform the traces of her previous marriage into start-up funds for a new life.
Ms. Cheng, thirty-four years old, lives in Sha Tin and works as an IT project manager at a tech company. She has been living alone since her divorce two years ago. The set of wedding gold jewelry – dragon and phoenix bangles, filigree necklace, heart-shaped pendant necklace, patterned ring, and earrings – given by her ex-husband's family has been sitting in her bedroom drawer, making her uncomfortable every time she sees it. Recently, she decided to pursue an MBA, and the tuition fee costs over a hundred thousand dollars, so this gold jewelry came in handy.
"It's not that I'm short on money; it's that I don't want to keep these things anymore. It's best if they can be converted into tuition fees,"Ms. Cheng said calmly, bringing a jewelry box with her.
Item-by-item Inspection
Each of the five items was put through an XRF spectrometer and an electronic scale:
| Item | Net Weight (g) | Gold Content | buyback price (HK$) |
|---|---|---|---|
| Dragon and Phoenix Bangles ×1 pair | 62.3 | 99.9% | $44,856 |
| Filigree Necklace | 38.7 | 99.9% | $27,864 |
| Heart-shaped Pendant Necklace | 12.5 | 75.0% (18K) | $6,750 |
| Patterned Ring | 5.8 | 99.9% | $4,176 |
| Earrings ×1 pair | 4.2 | 99.9% | $3,024 |
Total for the whole set: HK$86,670
The necklace's gold content was 18K (75%), while the other four items were 999.9‰ pure gold. The pricing was based on the real-time London gold price of the day, with no melt loss or handling fees throughout the process.
Ms. Cheng confirmed the transaction on the spot, saying that this money would be enough to pay for her first semester's MBA tuition."At least it's put to good use."
Do you have idle gold jewelry at home and want to know its buyback price? WhatsApp 98342057, Gu Jin Jian Bao offers on-site XRF gold testing + real-time gold price settlement.
