Value of Gold Wedding Rings
One of the Most Amazing Metal Detector Finds in History Reminds Us of the Value to be Found in Gold Wedding Rings
There are metal detector finds . . . and then there are metal detector FINDS that go down in history.
One of those extraordinary finds happened in 2019 when a man got a new metal detector and, on his second outing with it, found a gold wedding ring by a path. What makes this ring so extraordinary? According to a story reported in CNN:
It probably dates from a wedding in 1388, when a man named Thomas Brook married a woman named Joan Brook.
The ring contains a diamond.
The design of the ring is amazing. It is designed with two intertwined loops of gold, probably symbolic of the union of Thomas and Joan’s lives.
There is a French inscription inside the ring that says, “I hold your faith. Hold mine.”
The ring has been named “The Lady Brook Medieval” and will be auctioned by Noonan’s. It is estimated to sell for as much as $47,000.
It is much more than just a wedding ring. It is also an important historical discovery that illustrates how sophisticated wedding rings were way back in the 14th Century.
This Discovery Reminds Us of the Value of Gold Wedding Rings
You might not need a metal detector to find a gold wedding ring. You might have inherited one. There might be one in your dresser drawer. But the discovery of Lady Brook’s ring makes us turn our attention to how much wedding rings can be worth if you have them tested and processed by a qualified precious metal refinery like Specialty Metals Smelters and Refiners.
How much is a typical wedding ring worth? Let’s assume that the ring you have weighs about 10 grams, a typical weight.
If your ring is made of 24K gold (which we are willing to bet will not be the case), it contains 10 grams of pure gold. That gold is worth about $565.00 today.
If your ring is made of 18K gold, it contains 7.5 grams of pure gold and the rest of it is made up of other metals. That gold is worth about $425.00.
If your ring is made of 14K gold, it contains 5.8 grams of pure gold and the rest of it is made up of other metals. That gold is worth about $527.00.
If your ring is made of 10K gold, it contains about 4.2 grams of pure gold and the rest of it is made up of other metals. That gold is worth about $237.00.
Those values are estimates only. If you have a gold wedding band and want to know what it is worth at current trading prices, we invite you to call our consultants at 800-426-2344 today. Let’s work together to get you top dollar for that gold ring.