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Not sure... I saw estimates that it would contain ~$1,500 worth of gold, and I'm speculating it's closer to ~$1,000.
by gfosco 12y ago
Not sure... I saw estimates that it would contain ~$1,500 worth of gold, and I'm speculating it's closer to ~$1,000.
- raldi 12y agoYou're not really giving me much reason to put any stock in your prediction. Your complete lack of detail or explanation makes it sound like you're pulling a number out of the air. The people making much higher estimates of the gold watch's price (most notably, John Gruber) are backing their estimates with analysis and citations.
- DiabloD3 12y agoGold bullion (99.9% or finer, or 24 karat) is around $1200 an ounce currently. 18 karat gold is around 75% pure, so an ounce of the gold Apple would have been using is only worth around $900.
- beggi 12y agoSo with this process it's $450?
- acveilleux 12y agoNo, 900$ per ounce still... But it would take up a larger volume so you'd need less mass per watch.
- beggi 12y agoRight sorry, I was reading it as $900 for gold per watch not per ounce!