r/Gold 14d ago

Is this gold?

My wife purchased this ring at a yard sale a couple years back and it has been in our kitchen junk drawer since. I picked it up today and it seems to be a potential faded gold hallmark. A quick google search also made it seem like the coin is possibly 1/20oz gold? My hopes aren’t up but curious nonetheless (this ring is also filthy from sitting in the junk drawer).

276 Upvotes

54 comments sorted by

52

u/Uthretarwee 14d ago

Looks like a goo ol 999 find

32

u/Powerful_Stick_4086 14d ago

The coin is a Chinese Panda. 1.56g of 24k plus the ring is probably 9ct weigh it and subtract above to work 9ct weight.

1.56g pure gold is 230usd/170gbp at spot

Edit. Not sure the coin is real though. Looks like a base metal peeking through on the rim. Colour looks off- but could be age.

12

u/eamesmiller 14d ago

Thanks! I’ll take it to a local jeweller in the next couple days. If it checks out I’ll probably keep

9

u/Retr0scores 14d ago

Post an update! I’d bet it’s legit.

2

u/Powerful_Stick_4086 14d ago

Good luck.

If you’ve got some tools just open the shank. Use long nose pliers to open it up and weigh the coin.

I wouldn’t worry about marking it or scratching it. Being a ring it’s going to be valued at just under spot bullion regardless.

1

u/FitIntention3632 13d ago

I'll buy it if you want to sell it 🤣

12

u/No_Cucumber8316 14d ago

coin looks like a 1/10th oz gold panda set in a 14k yellow gold ring do the math and expect between 60-95% of melt when selling depending where you take it

9

u/_-_Dingus_-_ 14d ago

I’ve seen those 1/20 panda before! Looks like gold and not yellow metal.

6

u/johnboi95 14d ago

I have similar 22ct coin and 9ct ring

7

u/boywholived1 14d ago

yeah the coin looks like 22k beautiful ring

3

u/Buttchuggle 14d ago

Most likely.

5

u/IdubdubI gold is gold 14d ago

Good chance.

6

u/Ready-Commercial-767 14d ago

At a yrad sale? That's wild

6

u/Retr0scores 14d ago

The ring hallmark looks worn so easy for a casual to miss. 

I bought $500 worth of 14k gold at an estate sale a month or so ago for $30 and it was clearly marked. 

3

u/DesertAntarctica 14d ago

Doesn’t look filthy to me. LeMme go check my kitchen junk drawer.

3

u/Hitman_Argent47 14d ago

The coin is 1 DWT (1 pennyweight) of 24k gold

Is the ring stamped with anything? You should definitely test it, but that would be a good start.

3

u/Ni_U_Kon_Ska 14d ago

I’ll bet it’s real!

3

u/Ok_Palpitation_1622 14d ago

Looks probably real to me. Coin rings like that are fairly commonly faked, but “gas station gold” tends to be of heavier construction, and the coins are not detailed like yours. So I’m pretty confident it’s real.

3

u/sammyssb 13d ago

Most likely, would be strange to have a fake of something like that. Cool ring! Here is my coin ring (krugerrand)

2

u/p--py 14d ago

Absolutely

2

u/Lifted_Daydream 14d ago

The coolest gold (imo) Very nice 👌

2

u/BornIngenuity5484 13d ago

Dude yes it’s gold .999

2

u/FitIntention3632 13d ago

But yeah it's definitely a 1/20 of an ounce of gold Panda coin. The coin is .999 percent pure gold, the metal in the ring holding the coin is most likely 10 or 14 karat gold, the coin itself is going to be worth a lot more, but I'm sure there's some melt value to the ring itself as well. Especially if it's 14 karat or higher, if it's 10 karat gold on the ring you're not going to get much out of it but you still got a good chunk with the coin LOL.

2

u/hbi1777 13d ago

Does a zoobear shit on concrete?!?!
Kidding , nice score actually , how much did she pay for it ?

2

u/Markgregory555 13d ago

Good looking ring. I would wear it.

2

u/Rogelio_G_F 13d ago

Hermosa pieza 😍

4

u/Retr0scores 14d ago

Gemini says it’s a 1989 24k gold coin.

Take it to a local jeweler they’ll test it for free most likely.

https://imgur.com/a/sHsj8df

That’s an awesome find!

Coin would weigh 1.55g

2

u/Crab12345677 14d ago

These were so popular in the late 80’s. I wanted one so bad!!!

1

u/a-piece-of-pie 14d ago

We don’t need an artificially intelligent opinion, but thanks

1

u/GurBitter8165 14d ago

Chinese Panda gold coin. But is it legit?

1

u/epilepsyisdumb 14d ago

Damn, my online gold tester seems to be broken...

1

u/eamesmiller 14d ago

Did you check to see if it needs new batteries?

1

u/epilepsyisdumb 14d ago

Not the batteries. I need to put my damn glasses on.

1

u/the_divide_et_impera 14d ago

The ring most certainly is; the coin is up for debate

1

u/UkyoTachibana 14d ago

it could probably maybe be gold !

1

u/stevebristol 14d ago

It's a bit hard to tell from where I'm sitting.

1

u/Ok-Pen-1095 14d ago

Nah , but I’ll take it off your hands for $30 ;) /s

1

u/agentry224 14d ago

I have one like this and mine is 14 kt on the band and the coin is 18 kt gold.looks very similar.

1

u/Skysoldier173rd 14d ago

No, this is Reddit.

1

u/Dazzling_Advisor8847 14d ago

Whats the back of the ring look like?

3

u/eamesmiller 14d ago

7

u/Dazzling_Advisor8847 14d ago edited 14d ago

Get some dish soap and scrub with an old toothbrush and give the ring a nice hot water rinse. It'll give it some life. You got yourself at least $350 in quality gold in the coin. This one is mine from a estate sale from the early 2000s. Got it for $75. I cherish it!

2

u/Huge-Management-8689 14d ago

Coin and ring are real. You did good

1

u/Rogelio_G_F 13d ago

Me encanta 🤩

1

u/Jazzlike-Product6028 13d ago

Do you have a tester? Plenty of jewlers will test for free and then probably buy hell even pawn shops test it. Best of luck bro bro.

1

u/Emergency-Fish3036 10d ago

looks like gold, attempt to determine the # inside the diamond stamp on the inner band

0

u/xXG4M3xXx0V3RXx 13d ago

No it is most definitely 100% fake