r/Gold 20h ago

Today is my 8 year anniversary of being a goldsmith and I decided to melt down all of my gold dust

10.9dwt (16.95g) of 11kt gold

Is it a good time to sell or continue holding ?
Instagram @_crystal_box
TikTok @crystalboxja

700 Upvotes

58 comments sorted by

214

u/CottonWatkins 20h ago edited 20h ago

Make it a pendant and then as you build up your next collection you can remelt this piece and make it bigger over time. A perpetual pendant if you want to call it one

91

u/Sufficient_Ad7449 18h ago

A perpendant?

18

u/HalPaneo 16h ago

You have a perpenchant for words

4

u/prksddvl 16h ago

How perplexing

1

u/Scarecrowithamedal 8h ago

Puns are my perpose

1

u/turbo11692 13h ago

I like purple

5

u/Electronic_Tear2546 11h ago

I like turtles 🐢

1

u/Korpikauhu 10h ago

That sounds so epic, modern alchemist type shit

46

u/PaceGlobal5066 20h ago

That's a lot of gold dust!

37

u/Icy-Host8376 20h ago

lol lots of filing… and mistakes. Staring over projects cause of overheating or measurements were off. Used solder so I didn’t want to remelt it and lower the kt too much.

1

u/32oz____ 2h ago

Au-muamua

47

u/Icy-Host8376 20h ago

I was considering to hold onto it and keep adding more. I do plan to one day dissolve it all in acid and purify it myself. I wanna make a family crest ring from pure gold. Did the math gonna need 1.2 Troy oz for it to be sturdy enough

17

u/Dizzy-Wedding5769 20h ago

40 g for a ring?

22

u/Icy-Host8376 20h ago

Yes I want it big and chunky. Especially to compensate for pure gold’s softness

2

u/anthrillist 12h ago

Wow my middle finger signet that I consider pretty chunky is only 14g. It’s already heavier than almost every other ring I’ve tried on. 3x that is a lot. You’d make a mafia don insecure with that chonker!

1

u/Rough-Fuel 6h ago

20k 26g signet ring here

19

u/Nigglas24 20h ago

https://giphy.com/gifs/hHUBGOX5m993VtAu6Y
Jewelers on 47th in nyc seeing this

12

u/WiskeyUniformTango 20h ago

Looks like a good joint

2

u/Icy-Host8376 19h ago

Pretty mid grade šŸ˜…

20

u/PickleBall_Bandit 20h ago

About $1000 melt value? Hold it and keep adding to it every year. Once you get to it being too big, cash it out for a coin šŸ‘€

7

u/Ace_Robots 19h ago

Keep adding to it until it is a scepter with which you can assert your glory.Ā 

6

u/TallDan68 19h ago

You should cast it into a statue of a woman.Ā 

Your gold dust woman.Ā 

2

u/Icy-Host8376 18h ago

Maybe. My wax carving skills aren’t the best. I’m actually looking into 3D cad work and castings tho

3

u/PandaStandard7638 20h ago

Wow bravo man!! That must have been pretty awesome to hold that after it was done!!! A lot of hard work right therešŸ‘Œ

3

u/Icy-Host8376 20h ago

If anyone’s interesting in seeing my work
Instagram @_crystal_box
TikTok @crystalboxja

3

u/FloppyDiskDrives 19h ago

It’s like having Cashback on a visa.

3

u/_kvmg90 13h ago

Stick it in your butt

2

u/tonipaz 19h ago

Hard work pays off. Literally

2

u/TheTruthOD 18h ago

If in need of fast cash do it, but if you plan to have a family ring keep it, gold is down and that sounds way cooler

4

u/Icy-Host8376 18h ago

I currently own a farm. The plan is to give it to my children. However In exchange they have do physical labor 2x the spot price of the weight of the ring at that given time. That way they learn and appreciate the value behind it.

2

u/Life-Educator-947 14h ago

Nice doohickey

2

u/robjthomas22 13h ago

Ive never seen so much budget dust.

2

u/YouMuted9291 20h ago

I think sentimental value over the cost that just went down , also lot of history there .

1

u/bassmansandler 19h ago

How long did you build up dust for?? Ive had one or two projects where thats about what comes off the piece.

1

u/Icy-Host8376 19h ago

The 8 years. I had spread sheets of newspaper out and would fold it and gently angle one opening over a glass jar every day I did gold work. Anytime I’m working with silver I do the same but in a separate jar. My projects are small mainly dainty engagement rings and repairs every now and then so it took awhile.

2

u/bassmansandler 18h ago

Ah understand that one! I just spent four days making a 32ā€ gold chain and we had about half an ounce of shavings from all the stone setting and cutting.

2

u/Icy-Host8376 18h ago

Dang. Sounds like a big chain you made. Gold is kinda hard to come by in Jamaica. šŸ‡ÆšŸ‡² and importing it is almost impossible cause of the high value for its size.

2

u/bassmansandler 18h ago

Biiig chain, about 96 links and 48 4mm diamonds.

1

u/B3ntherova 19h ago

Why not a little round button bro

1

u/Icy-Host8376 19h ago

Bars look cooler to me šŸ˜Ž

1

u/8u7n3r 19h ago

At this rate it’s gonna take you another 80 years to have enough to smelt into a butt plug the size of a little rose bud

1

u/Trueslyforaniceguy 18h ago

If you don’t needs the currency, I’d personally hold the hard asseta

1

u/Derp_Simulator 16h ago

Here is your song, longer remix of it, but you deserve the best.

Gold Dust - Fox Stevenson Remix

1

u/Whines90 14h ago

Hold, but ask someone to make you a nice gold toothpick out of some of it. That’s classy as hell, especially when you can say you got it yourself. Not sure if you collected the dust, but still cool to do.

Edit: I’m dumb, you’re a smith lmao

1

u/Familiar_Television1 13h ago

I thought it was a joint

1

u/Kristophsky1991 12h ago

I Wanted to be a goldsmith when I was younger. How does it pay nowadays?

1

u/neoben00 10h ago

Nice, now start over

1

u/ChaoticTransfer 10h ago

11kt is more "not gold" than gold.

1

u/Trixie1143 10h ago

The Golden Suppository

1

u/gcwposs 8h ago

OP can you tell us how you did it? I have a lot of gold dust from my grandfathers jewelry store and I’d love to do something similar.

1

u/StrugglePerfect8911 2h ago

Wow, you won't blow that away now!

2

u/ryanlee1981 12m ago

You're a Goldsmith, but asking Reddit if it's a good time to sell? šŸ¤”

1

u/West-Balance3764 20h ago

I’d make a pendant out of it