15 years we have bought and
sold Thai Baht gold from Thailand. We specialize in
the sourcing of high quality 96.5% (23k) gold, Thai made,
Thai Baht gold chains and Thai Baht gold necklaces, Thai Baht
23K gold bracelets, Thai
Buddha Amulets with 18K gold frames, 18k, 22k, gold
earrings and Thai 96.5% gold clasps.
not a click and buy website so you won't find a shopping
cart. Purchases are usually initiated with a phone call to
us where you can describe the item you're interested in and
we can get back to you with the current price including
labor. In case you don't know, the price of a Thai Baht
chain is updated 5 times a day. Once we quote a price for
the gold chain or bracelet you want, we hold this price for
you for a minimum of 24 hours. Once the actual funds are
sent via PayPal or Bank transfer and we have access to the
funds we immediately purchase the gold required for making
the item. If the price of gold then increases we have the
physical gold to protect our price quote. More on this
subject can be found on our "Ordering"
Above photo: two 1-Baht bars and one 5-Baht bar
In Thailand Thai "Baht" gold
chains are still made by hand. Talented Thai craftsmen work the almost
pure gold into amazing designs acclaimed by the world as some of the
finest gold jewelry available in the world today.
The Thai Baht gold
available from 23kgold.com is considered traditional Thai style. Each
chain is made of solid gold that is of 96.5% purity (a little over 23K).
Thai gold is weighed by "Baht" weight. One Baht equals
15.16 grams or about 1/2 ounce. When you purchase a Thai Baht gold chain,
Thai Baht gold bracelet or gold clasp in Thailand you are purchasing the
item by the weight at the price of gold on that day PLUS the labor cost
to make the jewelry.
You can easily evaluate
the value of a Thai Baht gold chain by comparing the price of a lower
karat gold necklace at your local shopping mall. Most gold necklaces sold in the
United Sates for example are machine made and of 10K gold (41% gold
purity) or at the most 14K (58% gold purity). One can quickly see the true value of the
Hand-made Thai Baht gold chain
necklace in terms of cost per gram of almost pure gold.
Baht Gold Price Graph
Here we go
The price of Thai Baht
gold fluctuates just like the International spot price of gold. The
price of gold is reported to the gold shops in Bangkok about 5-times a
day. The left column of the graph shows the price of the gold in Thai
Baht. The term "Baht" is also the name of the currency in
Thailand so there is always some confusion regarding
addition to the cost of the gold you must also pay for the labor as we
mentioned before. The labor cost can vary depending on the design of the
piece. Many goldsmiths these days will only make a design that is at
least a 2-Baht in weight. Some goldsmiths will make a design as light as
1/4 Baht (3.79 grams) but they charge a substantial premium to make it.
That's why the price of a 1/4 Baht or 1/2 Baht chain is always a higher
per gram price.
Cost is also affected by the exchange rate of the
currency used to buy the gold. Based on the graph do you think it's a
good time to buy Baht gold?
the United States the Generalized System of
Preferences (G.S.P.) was renewed by the United
States Congress and signed into law by the President
on June 30, 2015 for a period of two-years. This
A-7113.19 Harmonized Code is used on all of our
documents related to the sale of Gold necklaces and
chains made in Thailand. This "Duty Free"
treatment of high karat gold chains and necklaces is
applicable ONLY to gold chains and necklaces. 23K Gold
bracelets are NOT eligible therefore plan to be
charged 5.4% duty on the declared value of any bracelet.
"The World On
Time" is the FedEx slogan. This is the box you will receive. But is
FedEx shipping in and of itself enough? No it is not. In fact, FedEx
does not insure gold jewelry for more than $500 and will simply refuse a
shipment if the invoice indicates a gold purity over 18K. That is the
International policy of FedEx. A 3rd party Insurer must be used to
insure the contents. Every Thai Baht gold chain necklace or Thai Baht
gold bracelet is fully insured by UPS or BRINKS to make sure the
shipment not only arrives "ON TIME" but is completely insured
if it doesn't. Our cost to send a Thai Baht chain is approximately $95.00. For security reasons and as required by the insurers the item
must be packed in a small FedEx box and then placed in a Medium sized
FedEx box. Special attention is given to the description on the
invoice and waybill not to make it obvious that the contents are
valuable. We do not cut corners or try to make an extra dollar here and
there when it comes to the security aspect of shipping something as
valuable as Thai Baht Gold.
We are Americans and proud
of it. We work with a very competent Thai staff in Bangkok. We have been
in business for 15 years. In all of those years we have not learned much about
website design or SEO techniques and we are certainly not wizards at
e-commerce as almost anyone can tell. But we love what we do. We are
really good at what we do. And we have a passion for conducting business
from abroad in an honest and forthright way. Please see our customer "Testimonials"
to get an idea of the spirit in which we conduct business.
The money that we earn completely funds our Bangkok animal rescue in
Thailand. We rescue injured, sick, or unwanted animals from this very inhospitable
environment. We nurture them back to health, take care of all medical
issues, spay or neuter them and then find forever homes for them
We started the rescue
during the "Great Thailand Floods" of 2011 when we witnessed
the Thai people abandoning their homes and leaving behind all of their
belongings including their pets so they could escape the rising water
that eventually engulfed their homes and our home. By boat, my wife fed
the animals who took refuge on the roofs of flooded homes and
For information about our
animal rescue please search "Bangkok Cat Rescue" on
email Tom & Pat Pryor at: firstname.lastname@example.org
Pat & Tom 2001