Cute Solid 18ct Gold Scarab, a Sydney design, with the ridged flat surface at the rear for the sun-orb motif in a different colour 18ct Gold. Cute Solid and 1.8 grams of fine 18ct Gold. Current, as of December 2024, scrap 18ct Gold buy price is over $116 gram, meaning that a metal refinery would pay over $200 for the scrap Gold content of the pendant. That figure of just over $200 takes no account of the labour and skill involved in the making of the three components of the above 18ct Gold Scarab, their cleanly crafted assembly into one interesting pendant, and the final professional polish of the piece; nor does it take into account the GST of 10%.
Perhaps the world price of Gold will decrease, and the cost of an interesting pendant such as the above, Sydney-crafted in solid precious 18ct Gold, can also decrease.