The Shocking Truth About Gold Jewelry in America
The gold jewelry you are buying in America isn’t gold.
It’s not PURE gold.
Gold jewelry sold U.S. is 10k, 14k, and 18k. Gold jewelry that is less than 24 karat is diluted with cheap alloys:
The retail price you pay for non-Mene gold jewelry is based on randomly inflated markups that have no link to the actual gold content of the jewelry.
Take this non-Mene gold turtle pendant for example:
https://www.goldboutique.com/turtle-pendant-necklace-in-gold-gb63234y
I have highlighted the two most important metrics you should be paying attention to when buying gold jewelry.
1.This non-Mene pendant is 14 karat gold (58% pure).
2.This non-Mene pendant is 2.3 grams total weight including the alloys.
This means that there is only 1.33 grams of real gold in this pendant.
In contrast, Mene jewelry is 24 karat gold sold by gram weight with a transparent design fee.
1.This pendant is 24 karat gold
2.This pendant is 2.92 grams total weight
Since 24 karat gold is pure gold, there is no need for fancy calculations. The pendant has 2.92 grams of gold.
In summary:
Non- Mene turtle pendant is 1.33 grams of gold for $329
Mene turtle pendant is 2.92 grams of gold for $181.50
Are you shocked?
You should be.
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Jewelry Worth It’s Weight in Gold:
Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney\Mene allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
See Steemians unbox Mene:
I've never seen a single 24K jewelry piece in person until MENE.
If someone wants quality jewelry, buy MENE. It's a no-brainer. 24K pure gold.
Well said @ironshield :)