3 Lotus

3 Lotus

Saturday, December 12, 2015

The above photo illustrates the use of the Thai "M" style clasp usually used with Thai Baht gold chains. 23K gold is malleable, meaning quite easy to bend so to open and close the clasp is an easy and secure operation. It can be opened and closed thousands of times without breaking. In Thailand the clasp is usually worn in the front and carries a Buddha amulet. The amulet would be attached to the center of the clasp. The rule of thumb for purchasing a replacement clasp for a chain is to buy a clasp that is 1 gram weight per Baht weight (15.16 grams) of the chain. So a two Baht chain should have a 2-gram M clasp.

If you are lucky to have the broken clasp you can send it to us and we can turn it in for the spot price of gold that day. This can offset the cost or completely pay for the new clasp.

All M clasps from Thailand will be stamped "96.5%" to indicate purity. We have access to all sizes of M clasps and N clasps in solid 23K gold for necklaces and bracelets ranging in weight from 1/2 gram to 10 gram.

Friday, December 11, 2015

I blinked....and 5-years have passed!

Where does the time go? In five years we have experienced one coup de' tat, a major flood know as the "Great Thailand Flood" that wiped out part of our home and office, started "Bangkok Cat Rescue", traveled to Guang Dong, China, Hong Kong, Rangoon,Myanmar, Hanoi, Vietnam, Phnom Penh, Cambodia, Vientiane, Laos, Siem Reap, Cambodia and Alaska, USA.

23kgold.com has grown with over 1100 customers who are all lovers of  Thai Baht Gold. I promise not to let another 5-years pass between blog posts. I look forward to having a central place to share the info I've learned on Gold jewelry and gemstone jewelry in the past 7 years of living in Thailand. My wife of 15 years works with me everyday in managing our businesses and she provides most of the energy and competence in making sure all is running smoothly.

Currently our gold price for our jewelry is $750.00 per Baht (15.16 grams). This is a 6-year low. As you might imagine the lines of Thai's at the gold shops in China town resemble the flock of people at an new Iphone offering...well maybe not as orderly. The Thai's know...this is the time to buy the precious metal. What will 2016 bring in gold prices? I hope to provide some guidance on this in the blog post ahead.