October 5, 2022
Apple Watch Edition Estimated to Contain 29.16g of Gold Worth About $850

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

Posted February 19, 2015 at 8:23am by iClarified · 23166 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.

Please follow iClarified on Twitter, Facebook, Google+, or RSS for updates.

[via Richard]

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

Apple Watch Edition Estimated to Contain 29.16g of Gold Worth About $850
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iNerds - February 20, 2015 at 2:25am
Hype on iWatch is whats gonna pimp this up..... Probably will price between 1.5 -3k $ range the way Apple overprice their disposable gadgets....
sGasm - February 20, 2015 at 2:53am
Yeah right. Like guessing how many are buying the gold is going to increase it, but when was the last time a mobile Apple product costed over $1,000? Apple doesn't overprice for nothing if the parts are not that costly for such long lasting gadgets.
Olaf - February 22, 2015 at 10:24am
Why are Apple gadgets disposable? It's what people think they need, not what they really need! I am still happy with my iPhone 4, and it does everything I want albeit a bit slower than newer models. I also use a 2008 iMac and it does what I want it to do. So disposable? no not really
plankton34 - February 19, 2015 at 10:15pm
1. The gold value should include the weight of gold in the wristband buckle. I think it has been omitted in the above calculations. 2. I think the internal watch OS module is an upgradeable swap-out (seems clear from the design specs), so when versions 2, 3,... arrive, you'll be able to get Apple to swap it to the latest module for a cost.
ME2 - February 19, 2015 at 4:15pm
Nothing will compare 2 my Rolex.If I buy it I won't even wear it .It will be in my pocket just to have it My Rolex costs $12000 .
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