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Smith - ArticlesSelling Scrap GoldGold is measured in pennyweight with the abbreviation dwt. 1 dwt = 1/20 ounce. I sent mostly thin gold chains and charms, an ugly gold ring, a couple of pins, my old high school class ring and a bangle bracelet. I was truly amazed that small pile of stuff I'll never wear again was worth that much. Yes!
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