Thursday, July 30, 2009

There's Gold in Them Thar ... Yards!

Since ancient times, gold has held our entire species captive. Sure, it's useful - the most ductile and malleable metal around, easily alloyed with just about any other metal, doesn't easily corrode or disintegrate, conducts electricity like an uber-shepherd - but, honestly, we love it because it's stunningly gorgeous. Since it's also worth a bloody fortune right now, its desirability quotient has shot the moon. All you need to do is know what you're looking at.

Make a checklist. First, simply look for hallmarks. These are usually inside the band in rings, hidden in the rear of the design in pendants (or on the jump ring - the thing that connects the pendant to the chain), on or near the clasp of chains, on the stem or the back of the charm on pins and stickpins, or on the posts or wires of earrings. American jewelry is marked with symbols we know well - 10K (or KT), 14K, 18K are the most familiar - but other countries mark with the content numbers (416, 583 or 585, and 750 are the corresponding symbols for our "big three") or other letters ("C" or "CT" instead of K's). They're all the same thing - pure gold is 24K, and each numeric mark is its decimal version of ours, so 10K divided by 24K = .41666666 which is why it's "416." (It also helps calculate value - more on that next time.) Unfortunately, with foreign gold you might also see plants, animals, ladies, or even anchors or castles, too (or instead of). It gets confusing sometimes. (See this web site for the UK stuff, and this site for a decent overall.)

You're not done. There are legibility issues. Many times these marks are so tiny they look like a fold in the metal to the naked eye, or they might be double stamped (maker's error) or scratched up or worn away by repeated use (my wedding band is barely legible), or maybe they're hidden in a too-elaborate design, or the piece was never imprinted at all (if it was never intended for interstate sale or it's just too old to require a mark).

Did I say "simple?"

Okay, just memorize it, little by little. Learn the imprints - at least the various countries' hallmarks for gold, silver, and platinum so you can tell them apart. And understand what is and what isn't a good number - while any set of three digits might be gold marks, they won't always be. I found a piece marked "835" (corresponds to .835) which, when you multiply by 24K is almost (almost) 20K, but it's not quite. That should have been a dead giveaway - that, and the fact that 20K, a rare karat strength to begin with, is usually marked "833." (It was silver.) And if you read "915" on the post of an earring, it could be 22K gold, but it's far more likely that you are reading a misprint upside-down - "STG" (sterling) without the top strip looks just like a reversed "915." (I know this from experience - I bought a pair a few weeks back. Oh, and 22K is mostly marked 916, even though it's 915 sometimes - don't you want to strangle those markers?) So, the moral to the story is, if you encounter something marked with "835" or "915," don't pay much for it (the earrings were 50 cents) so that if it's gold you're made in the shade, but if it's silver, you can inherit it forward to your favorite charity shop, or wear it and love it as I do.

We're not done.

About 150 years ago, some enterprising wunderkind discovered plating, and jewelry was one of the first places we used it. Easiest way to figure that out, of course, is to find "1/20 12K" (or whatever karat) instead of just "12K" on the piece. That "1/20" means that the top 1/20 mm of the piece is 12K gold (or it's 1/20th of the weight - again, kill). A small bit is gold, so is worth something, of course ... if you have a strong back and a lot of time. (You might also see "GF," "GP," "HGE" or even "gold plated," but it all means the same - it's just covered with gold.) I buy it, but I'd better love it to pay more than a dollar or so. (See this guy for those marks.) By the way, "14KP" doesn't mean plated. The "P" stands for "pure." And "Plat" or "Pt" means "platinum" - not my lovely gold, but just as good (here is a decent overall for Americans).

Oh, and to complicate things further, there are pieces out there that have been "after market" printed - in other words, stamped with "14K" but just big, fat fakes. I have one myself. Maybe more than one ...

It's a jungle out there, people. But there truly are many ways to tell what you might be holding.

Don't trust your eyes. Carry a loupe, and use it. I'm actually allergic to nickel so I used to just tell the sellers when they get anxious or excited, but it didn't work - they thought I knew what I was doing, and if they think you're a dealer they will wrangle accordingly. A few months back, I bought a good, 20X magnifier that's blue, plastic, and hangs on a keychain. Hard to look like a pro with that thing. And offer to look at any other pieces once you've bought the one you have - at the place where I found the silver Tiffany earrings, the seller actually had some things behind the table because she realized there were stamps but she couldn't read them with her naked eye. I hadn't used the loupe because the price was so good ($2) but I used it to read a glass mark at her neighbor's table (neighborhood yard sale, in a parking lot). She saw me and asked, so I read them to her. All were either unmarked or gold plated - good names, some of them, so I felt pretty good about helping her out. I'd like to think I had some forward Karma, there.

Just a note - if you do see something that was a mark but is wiped out or blurry, negotiate a lower price; I always figure it's silver and try to price it accordingly.

Gilt or gold? Use that loupe to look for scuff marks, too. Plating wears off with time, leaving discolored and (usually under magnification) obvious shallow holes. But make sure they really are holes - the $5 earrings I bought in Arkansas were blackened and a bit beat up so I figured they were plated (mark was only partially there, and easily misread), but decided to gamble because I couldn't see the edge of the plating. A thorough cleaning revealed they were solid 14K gold. (Author's note - leave them alone a bit because they darkened up again ... plated, darn it, with gold posts only.)

My jewelry tutor also said that heavy and solid probably means plated, while filigreed and airy stands a better chance at golddom - what jeweler in his right mind would mismark something made with enough gold to weigh down your hand, right? (And with earrings, a stainless steel post is almost assuredly a dead giveaway.)

Look-alike or the real thing? First I weigh it in my palm. Gold has a certain heft to it - but I can't explain it because I have to feel it. I'll run a chain through my fingers - it's silky. (I spent a lot of time at good jewelry stores and antique malls unabashedly feeling up the gold.) Second, I have a gold wedding band, bi-colored, that never leaves my hand (except when working with power tools). I use it as a control - I always maneuver the piece so that it sits right on top of the yellow part of the band, then I compare both the color and the texture of any suspected pieces. Anything too orange or too light, too smooth or too pitted, I think twice.

Color, by the way, is complicated - "green" gold, "rose" gold, "white" gold, and "yellow" gold, all have their own shades and glints. Higher karats can be darker, too, as can lower (depends on how much of the alloy is copper). And gold from one country or region might be slightly oranger or lighter than in others - did you know the gold in the California Gold Rush was only a surprise because the people there thought it was pyrite (fool's gold) since it wasn't the same color as the Georgia gold (where the previous gold rush had occurred)?

Confused yet?

I was, for months, but some persistance and lots of good examples helped. Truth is, gold is out there in more quantity than I ever dreamed, just waiting to be found. Like anything else worth doing, it takes practice, patience, and a few mistakes - okay, a lot of mistakes. But since I refuse to risk more than a few dollars a pop, especially for those "too good to be true" pieces, I'm rarely disappointed. And I'm getting much, much better.

Just wait 'til I start prospecting!

Monday, July 27, 2009

On Being a Duck

Everyone knows about the big stuff that can hit you - major appliance breaking down and flooding the basement (that was last fall), parent with a terminal illness (that was this week), or even a loss of job or change of career path (that's still coming). My mother used to tell me that those were just the warm up, that life was full to the brim of little stresses and little stressors, and that they are the ones that will drive you crazy. She called it, "nibbled to death by ducks."

I really do get that. It never calms down, and it never stops hitting you. July is almost over, and I'm nowhere near where I want to be on the house-to-home, I'm nowhere near where I should be in the bank, and I'm not even where I must be with my job. It's just been one thing after another after another - the headaches I always have all summer have pulled me down, and the two trips (with another to come in August) have disrupted any routine I might have carved out of my busy work schedule. Even this morning, I'm racing here because I must leave in an hour so I can hit the post office and mail paperwork before driving 30 minutes to my 11 - 12:30 tutorial, after which I'll careen to the copy place to make materials for my 2:30 - 4:30 class, eating lunch in the car, probably. This morning already I've written my morning pages, done some dishes, pilled the cat, ordered my diamond tester, and taken a long walk (I've been neglecting that, and I'm feeling it). Yet to go - breakfast, a shower, and this quick post.


Somehow, I've let them get to me, all those little taps and bites from life. I've let them weigh me down, let them wear me out. But I know what I need to do, and by taking that walk this morning, and another yesterday, by remembering my priorities instead of letting the mosquitoes distract me, I'm going to beat this. I will finish things - slower, maybe, and only one chunk at a time, but I will finish.

And no matter what, I will not fall apart. I will not let them nibble me to death. All I have to do is stop being the victim ... and start being the duck.

Thursday, July 23, 2009

Timing

Has this been a week, or what? Flew back on Monday (crazed by airline-stress), had a first class on Tuesday (driven insane getting materials together), and helped a friend go through some jewelry on Wednesday (finally a fun time!). And did I mention both the a/c for the house and my car went out? Today, so far, I've fielded an inspector who should have been here four months ago when the electrical work was done, made appointments for car (house fixed), watered every tree and herb in the yard, and scanned and printed more materials for the second-day-of-the-new class (which I need to go to very soon). Hardly a moment to myself, so I'll try to sum up what's on my mind:

Look closely.

No, not here - at your rings, bracelets, necklaces, stickpins, and cufflinks. Yes, the ones you already have in your drawers, the ones you're seriously considering bagging up and selling at that yard sale. Hey, you bought it for nothing, or your mom wore it (and you know how cheap she was!), or your dad accidentally hammered it, so it must be crap, right? Wrong!

I hit six yard sales in my in-law's territory last Saturday, and spent exactly 55 cents. For that money I got a bunch of mad scientist things to play with (studs with clear stones or dangly things, all crap but useful), a made-mostly-of-plastic fob watch (nice fob, though), a stray clip-on earring that might be topaz (pretty), and ... a pair of 14K studs (hearts, to match my bracelet) and the entire inner workings of a Lady Waltham pocket (or pendant) watch. The studs weigh about a gram, and are clearly marked (that's about $18 in scrap value alone), and the watch bits will probably earn about $10-20 on eBay (if I so desire).

Look closely.

My friend, too, said her stuff was "one step away from the trash" on Wednesday - no sentimental value for most of it, and no expectations on her part. Based on this, I figured I'd see costume (got it), singles and broken (got them, too), and nice vintage watches. What I didn't expect (and neither did she) was well over half of it was gold or platinum, set with diamonds, topaz, rubies, and goodness knows what else. Seriously. A vintage watch with a rose-gold bezel and band. A 14K ring and necklace of opal and diamond. A pendant watch with an unknown case (gold?) but with a (well-marked) Swiss company's mechanisms. True, not all was well-marked - some had no markings at all, or marks that were rubbed nearly out, or marks inside clasps (a string of pearls that was to die for), or covered by ring sizers (which is why I removed them) - and, frankly, some was the ugliest stuff I've ever seen. But it was not junk.

It might have been, at first glance, though. That's why I'm so incredibly glad I had that lesson last week, because the second look showed me a sharpness in the stones of the first piece, and put me on point like a bird dog - a huge ring, one of those from the 'sixties that was sort of shaped like an alien's head, inset with nine diamonds. The gold alone ... wow.

Look closely.

I'm not judging in any way, shape, or form, here - remember, I didn't know until I began my quest that I had at least five pairs of gold earrings, necklaces, and rings. I had never looked! And as for our parents, well, of course they have no taste - the hair alone clued us in, right? (Except that our kids are saying the same things about us right now.)

Look closely.

We're going to have a cleaning party soon, then take them to my buddy to assess all the values. I could tell gold from gilt, CZ from diamond, but I have no idea what the stunning platinum (900) and diamond wedding set is worth. That she'll sell most of it, I have no doubt. But at least she won't get hosed.

And she won't sell it for 10 cents.

Monday, July 20, 2009

Flying

Worse today for posting. All family, all day, then flying again. Why, oh why don't I take this blog into consideration when I'm scheduling this stuff?

I'll be glad to get home.

Thursday, July 16, 2009

Spinning and Weaving

I'm late, I'm late! I teach a class today, pack, fly out for the Big Lug's family reunion. It's early right now, and I can't guarantee I'll return before we leave, but I'm still stoked - and exhausted - from my jewelry tutorial yesterday.

First, I'd written down 2:30 pm, but I forgot I moved it earlier, so it didn't start well - I do this (tutor) for a living, remember, so I was appalled that I would screw something like that up. Since he had an appointment scheduled for 2:30, he graciously (I mean it) rescheduled for about an hour later. When I showed back up (after grading essays at Starbucks down the street) I was already frazzled. But after a bit of a slow start (I was unable to put into words what I wanted from the hour) we dove right in.

I knew this field was complex, but I had no idea just how complex until yesterday. However, what I was finally able to ask for was some of the easiest things to spot, the most common tricks of the trade, so that "I won't get hosed" when I buy jewelry. And he came through with almost everything I wanted, and things I didn't even know I wanted - doubling (visual check for several stones), dispersion (I don't need an expensive dual tester for diamonds, really), doublets (though I didn't get a real one - couldn't find one in the store), then color zoning and specific gravity and ... seriously, I learned more in one hour, learned it with my eyes and my hands (where it will stick). We even talked about gold (which, apparently, I have an eye for since I took in some of my iffy and ugly finds to put into the pot for the fee - $25 in stuff yielded $150 in cash). I did slip at the end, there, though - forgot the basics of plated (worn spots) and misidentified something. I felt I lost some credibility as a good student. I was tired.

But I have the threads. Now I must learn to wind it into my life, my hunting. Hopefully the final few minutes of our session tells the tale - the "Rainbow Ring" (not mother's ring) from the flea market a couple of weeks ago gave him the opportunity for a pop quiz. I found out that indeed, all five are real stones, and that it was a bargain at $30. And that's exactly what I wanted to learn to do.