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FOX Organisation Network (FBN) is a financial news network supplying real-time information throughout all platforms that influence both Key Road and also Wall Road. Headquartered in New York City– the business funding of the world– FBN released in October 2007 and is among the leading service networks on television, having actually topped CNBC in Service Day audiences for the second successive year in 2018. The network is readily available in nearly 80 million homes in all markets across the United States. Had by FOX Company, FBN is a system of FOX Information Media and also has bureaus in Chicago, Los Angeles, as well as Washington, D.C.
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FOX Company Network (FBN) is a monetary information network delivering real-time info throughout all platforms that influence both Key Street and Wall Surface Road. Headquartered in New York City– the business resources of the world– FBN released in October 2007 and is one of the leading service networks on tv, having actually topped CNBC in Business Day audiences for the 2nd consecutive year in 2018. The network is offered in virtually 80 million houses in all markets across the USA. Owned by FOX Company, FBN is a system of FOX Information Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Round diamond retail prices have been generally dropping for the last 2 years specifically hitting sizes below 1 carat. With the current pandemic, diamond prices went down even lower in the last weeks of March. Above featured image shows how the diamond prices have changed in the first quarter of 2020. Melee sizes being […]
The post Retail Diamond Prices For April 2020 appeared first on PriceScope.
The cost of re-making a ring depends on the type of ring being re-made. In addition, the cost of materials used for the new ring. Due to the varying types of ring, the possibilities are endless. Here we’ll concentrate on two alternatives—remaking an engagement ring and re-making a wedding ring. Finally, we’ve added a further example, remaking an eternity ring with a short video clip of the design.
Remaking a badly damaged engagement ring
If you intend to have your engagement ring re-made, we can re-use your existing gemstones. In addition, we can factor in the existing precious metal.
Example of a Palladium engagement ring, badly damaged. The new ring is shown on the right after a complete re-build in the original design, which included re-setting the original diamond. The final cost of any such work is off-set against the scrap metal of the original ring mount. Price guide $550 USD for the re-made ring including setting and finishing.
Example : Re-making a bespoke Platinum engagement ring faithful to the original design
Guide to cost in 950 Platinum : £1300.00
Our example below was crafted for a client who experienced repeat issues with her engagement ring. Purchased at auction, some years ago, the ring’s construction caused the loss of diamonds from inadequate settings. As a result, we were commissioned to create a matching design with an improved build quality. In addition, the engagement ring had to match her diamond set wedding ring. Since we had previously crafted the wedding ring, we just needed to clean and re-finish this ring.
Step 1. CAD Design
Working alongside the wedding ring, we created a CAD design of the replacement engagement ring. Modelled for the existing diamonds, the new setting would accommodate our client’s diamonds perfectly.
Step 2. Creating the new engagement ring
Once completed, our client was happy to sign-off the designs. Re-making a ring takes several weeks. As a result, the timescale worked out to around 5 weeks once the CAD design was approved.
Showing the finished re-made engagement ring alongside the original diamond wedding ring.
Re-making an engagement ring with missing diamonds
If you are missing diamonds from your original engagement ring (or if you have broken diamonds) we provide a service to match and replace any diamonds lost. As a result, once re-made, your diamond ring appears as-new with colour and clarity matched diamonds.
Remaking a ring using bespoke design
Re-making any type of ring by bespoke design costs a little more. This is due to the additional work to design and individually craft a new ring. Part of the process involves re-creating the ring using CAD design. This intricate process makes a digital version of the ring. We retain the CAD model on file. Should your new ring be lost or damaged beyond repair, we can re-make the ring from the original model. As a result we re-create a perfect replica ring design.
Showing incredible attention to detail worked into the ring design. Even the underside of the ring is given due consideration.
Offsetting the cost when re-making a ring
We can offset the cost a little factoring in the existing precious metal. This will reduce the overall cost slightly. We calculate the value of your existing metal from the gram weight, multiplied by the scrap metal price once work has been completed on your ring.
Re-using old Gold or Platinum to make a new engagement ring
We are regularly asked to make engagement rings, wedding rings and jewellery using old Gold and Platinum. We offer this service, using 100% of your existing precious metal for the new design. This often requires additional Gold or Platinum to be added as part of the process.
How much does it cost to melt down a ring to make a new one?
Surprisingly, the process of melting down a ring to remake a new one is more expensive than when we create an item from new Gold or Platinum. The reason is twofold. Firstly, the item is isolated to ensure that the original metal is kept separate from other work. Secondly, the additional work to process and craft the original metal is more involved.
Adding coloured gemstones to brand new ring designs
If you already have an existing coloured gemstone, why not add the gem to a brand new ring design. Choose from existing ring styles, or let us CAD design the same or a new design to accommodate a very large gemstone. This service comes after many years of experience resetting coloured gems into rings.
Unique coloured gemstones added to new ring designs. From left to right : Aquamarine, Tanzanite, Opal, Fire Opal and Purple Spinel.
So why use old Gold or Platinum?
There is a very good reason for reusing old Gold or Platinum, rather than offsetting the cost of the ring by selling the metal as part of the process. This reason is sentimental. If you have an heirloom ring or an item of intense sentimental value, this can be transformed into the new item.
Re-making your engagement ring with a bigger diamond
For some clients, we re-create their original engagement ring with a much larger diamond size. It is very difficult to add a bigger diamond to an existing engagement ring. Sometimes, we can add a new setting to hold a larger diamond. Over the years, many couples look towards buying a more expensive engagement ring when finances permit. This way they retain the original ring design with a bigger diamond.
Remaking a promise ring as an engagement ring
Consider turning your pre-engagement, commitment or promise ring into an engagement ring. Either by design, or by re-making the ring. Depending on the ring style, this could be a good way to transfer sentiment to your engagement ring.
Making a brand new ring with your own gemstone
We offer a complete re-modelling service. One of our most popular services helps clients with a loose gemstone create an incredible piece of jewellery. We model a brand new ring design to your diamond or gemstone to create an exceptional one-off piece of jewellery.
One of our most recent bespoke ring designs featuring our client’s 6 Carat Aquamarine, set into 950 Platinum. Price guide £1800 including all design, CAD modelling and creation through to the final ring.
Re-making a wedding ring
Wedding ring designs can be faithfully replicated—even those with intricate detail such as hand engravings. Badly worn wedding rings or heirloom rings can be re-made as new. The cost will depend on the work involved and materials. Gold rings can be re-made in 950 Platinum or another choice of precious metal. The following image shows a recent commission. Subtle detail such as engraving on the outer edge was faithfully re-created across the re-made wedding ring.
Remaking a diamond eternity ring
Recently, we re-created a White Gold diamond eternity ring in Platinum. In addition, our client needed a different finger size. In fact, the original ring no longer fitted. For this reason, we re-made the original ring. Seizing the opportunity to upgrade to naturally white Platinum, we remade the eternity ring. Our video below shows the original ring mount. In addition, we show the final Platinum eternity ring.
Reproduction Antique ring designs
Another important service we offer is to re-create an original ring design. This often includes an upsizing and scaling of the original ring into a much larger design. In the following instance, we re-created an Opal and diamond antique ring, re-modelling this to include a (very hard-to-find) cabochon domed opal, surrounded with large diamonds in a cluster.
The cost of this service depends entirely on the commission and the materials required to create the ring. Please contact us for guidance.
The original ring we worked with…
The completed re-production ring, made with a larger Opal and diamonds. Please note the incredible iridescence and colours within the large domed Opal. The surrounding diamonds are all exceptionally white to contrast with the intense colours from the Opal.
Ring mountings and diamond settings
If you prefer to purchase an empty ring mounting or setting, instead of a complete ring, we can help. We provide a complete service to purchase ring mountings and diamond settings for any gemstones. Find out more by reading our dedicated information page.
How to get further help
If you require further help and guidance on remaking a ring or any item of jewellery, contact a member of our helpful team. We can assist and advise on all aspects of this work. Please leave at least 5-6 weeks for the process, owing to the time needed to discuss, design, re-model and craft your new ring.
The post Remaking a Ring – How Much Does it Cost? Re-Creating a Ring appeared first on Serendipity Diamonds Blog.
Since it’s nearly impossible to destroy gold, most of the precious metal that’s been mined remains in existence in some form, and much of it is continuously recycled. How does this happen, and how is recycled gold used? Get answers from America’s Gold Authority,® U.S. Money Reserve.
Why Does Gold Need to Be Recycled?
The earth’s crust contains a finite amount of gold. While there’s still some of the yellow metal out there to be mined, discoveries of gold mines have dropped off over the years. Some analysts believe that the world’s supply of unmined gold could run out in the next couple of decades.
Therefore, “old” gold needs to be recycled to meet current demand for the metal.
Not only is gold recycling practical, but it’s also eco-friendly.
“Gold may be the most consistently recycled of all materials…. Gold is sufficiently [desired] to have been consistently recycled since its discovery,” according to the Alliance for Responsible Mining.
In 2019, the annual supply of gold increased 2% from the previous year, with much of that growth produced by recycling rather than mining, according to the World Gold Council. For the year, gold recycling rose 11% in 2019 compared with 2018.
What follows are three common sources of recyclable gold.
Jewelry
Most recycled gold—about 90%—comes from jewelry, according to the World Gold Council. Gold can be recycled from old, faded, or unwanted jewelry.
Sciencing.com explains that the first step in recycling gold jewelry involves sorting out the purities of gold (K), with 24 karats being the purest. Various methods can be used to detect the purity of gold in a piece of jewelry like a necklace or a pair of earrings.
Once the purity is determined, the jewelry is melted at more than 1,900 degrees Fahrenheit and then poured into bars based on the gold’s purity. Or it is further processed to eliminate impurities. This step is known as smelting.
By the way, government-issued gold, such as the gold coins sold by U.S. Money Reserve, is one of the purest forms of gold available.
These days, many jewelry designers and retailers promote pieces made from recycled gold.
“Recycling gold makes a lot of intuitive sense. Gold can be recycled with no degradation in quality, so gold originally mined centuries ago is just as good as new. It can be recycled and repurposed without the need for any new mining at all,” GreenBiz.com explains.
Electronics
The electronics we use every day can be rich sources of recyclable gold. This includes mobile phones and computers, as well as electronic components of cars, according to Gold.info. The electrical contacts in these products, such as computer circuit boards, contain a small amount of gold. Combine those small amounts, and the gold volume is stunning. For example, there’s 80 times as much gold in one ton of cell phones as there is in a gold mine, says Federico Magalini, an expert on electronic waste.
However, it’s difficult to extract gold from these electronics because the gold is embedded in plastic or metal housing, and it might make up only 2% of a product’s weight.
Once the pieces containing the precious metal have been removed, though, the extraction process can begin with chemical stripping or with melting down the metal parts, cooling them, and then grinding them up, according to Gold.info.
Dental Work
Discarded fillings, bridges, and casting molds that contain gold can be collected by dentists and shipped to a recycler, Gold.info reports. The purity of dental gold is usually 16 karats, according to the website. But this gold is more difficult to recycle than jewelry because it might include nonmetal content like porcelain or tooth enamel.
A recycler can separate the gold from nonmetal elements, though, and the remaining gold can be formed into bars or be refined even more, Gold.info says.
The Future of Gold Recycling
In many ways, gold recycling is better for the planet and better for you.
As the World Gold Council notes, “Annual demand requires more gold than is newly mined, and the shortfall is made up from recycling.”
Without gold recycling, there’s a chance there wouldn’t be enough gold to go around. Call U.S. Money Reserve to buy pure, solid gold today. We specialize in stocking legal-tender gold products that are government-backed for their gold content, weight, and purity.
The post Is Gold Recyclable? appeared first on U.S. Money Reserve.
(Kitco News) – Nouveau Monde Graphite (TSX.V: NOU) said Wednesday that it is working with Hydro-Québec on a preliminary plan for development, installation and operation of a 120-kV electrical line that will supply its Matawinie mine site and help the company meet its carbon-neutrality targets.
The post World’s first all-electric open-pit mine is on the drawing board appeared first on WorldSilverNews.
(Kitco News) – Due to COVID-19 containment measures as well as a slump in most every commodity outside of precious metals, uranium production is down by about 50%.
The post About half of world’s production of uranium has been cut – Haywood appeared first on WorldSilverNews.
(Kitco News) – Roxgold (TSX: ROXG) touted its newly-released preliminary economic assessment on Wednesday for its Séguéla Gold Project, showing an after-tax net present value of $268 million and 66% internal rate of return.
The post Roxgold jumps 12% on PEA appeared first on WorldSilverNews.