Experiment: How Much is 1.4 Grams of 14K Gold Necklace Worth on Ebay?

Here's the math:
Gold Content: 1.4 Grams of 14K gold
Final Ebay Auction Price: $20.50
Ebay Fee: $2.56
Paypal Fee: $0.97
Shipping Fee: $4.75
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Actual Money Earned: $12.22

Result: $8.73 Per Gram of 14K Gold !!!

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14K Yellow Gold Necklace Excellent Cond, Perfect Gift!
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14K Yellow Gold Necklace Excellent Cond, Perfect Gift!

Item condition:     Pre-owned

Ended:     Aug 11, 201011:52:05 PDT

Bid history:
14 bids

Winning bid:     US $20.50

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Seller info
Member id ocgoldcom ( Feedback Score Of 346Teal star icon for feedback score in between 100 to 499) About member

100% Positive feedback
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Other item info
Item number:     180542478288
Item location:     Santa Ana, California, United States
Ships to:     United States
Payments:
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Description

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Seller assumes all responsibility for this listing.
Last updated on 05:17:20 PM PDT, Aug 04, 2010 View all revisions
Item specifics
Condition:
Pre-owned: An item that has been used or worn previously. See the seller’s listing for full details and description of any imperfections. See all condition definitions- opens in a new window or tab… Read moreabout the condition
Necklace Style:     Chain
Metal Purity:     14k     Metal:     Yellow Gold

Questions and answers about this item

Q: Hi, Are you sure this chain is only 12" long open? What part of the body would it fit? Please confirm full length. Thanks
A: Hi friend, thanks for your interest. The straight line linear length of this Gold Necklace is confirmed as Twelve (12) inches. When the clasp is closed, the length is measured as six (6) inches.
This beautiful necklace for her is 12" in length. The 14K yellow gold is a nice touch to any ensemble. Guaranteed real goldMetal: 14Karat Yellow Gold.
Weight: 1.4 grams
Length: 12 inches

Shipping Information:

In-Stock, Free, and Immediate Shipping!

Please visit our website to request listing of any additional item from my inventory that interests you. Your request(s) may translate to special discounts as our appreciation for your valuable opinion and business. Our contact information is:

Email: ocgold@ocgold.com | Telephone: 714-202-7772 | Website: http://ocgold.com

Address: 12112 Brookhurst Street, Suite 7, Garden Grove, CA 92840
Please click here to view our additional listings

Thank You!

(Listing code: 1201)

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