15 Year Old Selling Gold?

Alright, I have two questions: Alright, my dad and I were in the car and I asked him how much can I sell an ounce of gold for at a jewlery store with a sign outside that says “WE BUY GOLD”. My dad said he didn’t know how much they would buy it for but he said that because I’m 15 and im trying to sell gold, they will think I stole it and most likley call the cops. (I was at that jewlery store earlier that day wuth a friend and I asked her if she would buy gold from me, even though i didnt have any to sell that day. But now i do) So would I get questioned and have the polive called on me if i sell them a few gold necklaces and also, how much does an ounce of average gold sell for?

2 Comments

• 
  manuel February 11, 2010 at 10:01 pm

  a pure ounce of gold is usually within the 850-950 range but you lose a premium when you sell it. try ebay or let your dad sell it
• 
  thelau February 12, 2010 at 12:49 am

  Here’s a live ticker for gold. I’ve been monitoring it myself because I want to invest and I think it’s been on the decline though.http://www.kitco.com/charts/livegold.htm…
  Your dad’s trying to scare you. They won’t call the cops if they have any common sense. In fact, the police will laugh at them for even calling. Worst they can do is decline your business. And so what if the cops do show up? They have nothing to charge you with because you haven’t done anything wrong.
  “Son, where’d you get this ounce of gold?” You just reply with the truth….unless you really did steal them, then you’re screwed. (Something tells me you didn’t though.)
  If you’re wondering why your dad’s trying to scare you, ask the psychology section.