November 22, 2024

Apple Watch Edition Estimated to Contain 29.16g of Gold Worth About $850

Posted February 19, 2015 at 8:23am by iClarified · 24166 views
The upcoming gold Apple Watch is estimated to contain about 29.16 grams of gold, which on its own would be worth about $850 USD at today's prices.

Greg Koenig, co-founder of Luma Labs, calculated the gold content based on his models.

For fun, I took my Apple Watch models and used SW and some basic assumptions to figure the gold content. 29.16g

At today's prices of $39.08 USD / gram at 75% purity (18 karat), that works out to $853.82 USD just for the gold.

Koenig suggests, as others have, that the gold Apple Watch models could cost over $5000.

If anyone thinks Apple is charging less than $5k for the Edition, they are smoking crack. Based on the gold content alone, $5k easy

However, if the gold content is worth less than $1000, it seems as though it's possible the Apple Watch Edition models could be priced lower than that.

Apple is shipping the Apple Watch in April. The company has said that the watch will start at $349. We'll let you know if any more price information becomes available.

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[via Richard]