Interesting that Tel - I hadn't realised where the term 'pennyweight' originated.
I've never tried to sell Thai gold in the UK but suspect it wouldn't go down too well and would be bought to melt down to a lower karat? Prices here for any second hand gold are p..s poor, hardly worth the effort, and its true that Brits don't care for the colour. Although I was surprised on returning to the UK 3 years ago that 14 karat had become quite fashionable.
Steve G - right, I never was too PC! Can't be doing with it. But the 'duck' thing is a result of being in Lincolnshire. If we all got worked up about it here no-one would ever get on a bus - its standard bus driver greeting
margaretcarnes wrote:Interesting that Tel - I hadn't realised where the term 'pennyweight' originated.
I've never tried to sell Thai gold in the UK but suspect it wouldn't go down too well and would be bought to melt down to a lower karat? Prices here for any second hand gold are p..s poor, hardly worth the effort, and its true that Brits don't care for the colour. Although I was surprised on returning to the UK 3 years ago that 14 karat had become quite fashionable.
Margaret,
As I said earlier, there is an excellent market in the UK. You just have to stay away from Gold traders, and target the Asian community. Given time, it is quite easy to make a significant profit.
I saw no mention of the fact that the selling price of around Bht 14,000+ per baht is the base gold price, you will actually pay a "Making Cost" on top of the base, this Cost varies according to the complexity of the design.. but in my experience generally between 1000-2000 baht.Making Cost is slightly negotible, price per baht is not.
