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| Tuareg cross |
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| Hindu Dowry |
Dowry is a traditional Indian jewellery. It can be made
with various materials such as cash or jewellery.
The dowry is worn during the wedding day in Hindu culture.
The Indian Dowry refers
to the durable goods that serves as exchanging goods for cash, and the bride’s
family gives it to the groom (Wikipedia contributors 2023b).
| Cash crusaders |
I went to cash crusaders at Devan
port center to ask if they can buy my jewellery. They ask me what kind of
material my jewellery is made of, I said sterling silver and they told me that
now they are only buying jewellery that is made
The cost price for fine silver from the CPM price list is
R12.50 without an alloy. Once you add an alloy from fine silver it is now
called sterling silver, “is
an alloy composed by weight of 92.5% silver and 7.5 other metal usually copper”
(“What is sterling silver - Google Search” n.d.) . From a jewellery point of
view, if you have 20 grams of fine silver, you then need to alloy for the metal
to be hardened. This is a formular to calculate an alloy (rate of silver x
weight of silver x purity of silver). In this case R12.50 x 20 grams x 1000
divided by 925 = R270.27.
| Gold nugget |
On the image above is a 24ct fine nugget of yellow gold
(Wikipedia contributors 2010). The symbol of fine gold is Au. The price of 24ct
gold per gram today is R1 200.07. There are different types of alloys made from
24ct fine gold, which are 18ct and 9ct gold.
According to the CPM price list, there prices for 18ct white gold of (10% Pd) price per gram is R1 014.37 and 9ct white of (10% pd) cost price is R571.48 (Accessed 27 March 2023).