February 21, 2024
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 · 24002 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, 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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Joe Smarts
Joe Smarts - February 21, 2015 at 12:40pm
I love reading your rant for really put me to sleep. I actually had to force myself to get up in order to respond to your so called grammatically limited knowledge. I don't know what's going to happen if I read it twice. Will I be dumber for doing so? Lets see what happens zzzzzZzZZzz
iNerds
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....
gamerscul9870
gamerscul9870 - 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
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
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
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 .
gamerscul9870
gamerscul9870 - February 19, 2015 at 8:57pm
A watch in your pocket is what iphone is, but for something that you wear can track your health. Don't get me started on cost for buying something that does one think only.
Me2
Me2 - February 20, 2015 at 12:59am
I already have a Rolex ,that was my point. I'd rather wear my Rolex .
Amen Rick Ross
Amen Rick Ross - February 19, 2015 at 2:46pm
Dude...that is the most intelligent post I have read on here in a VERY long time. Investing in a gold first gen ANYTHING is dumb. Actually....Investing in ANYTHING where the hardware can become outdated and not be sufficient for software updates further down the road is just plain stupid.
Dommm
Dommm - February 20, 2015 at 8:10am
Like the first iPhone
Dommm
Dommm - February 20, 2015 at 8:10am
And iPad
SimonSays
SimonSays - February 19, 2015 at 1:57pm
I think apple will charge around $3000
gamerscul9870
gamerscul9870 - February 19, 2015 at 2:02pm
Really? Past apple products costed way less than that. Something this tiny than others makes it right to cost more?
stevenlacross
stevenlacross - February 19, 2015 at 1:06pm
I don't think it's going to be pure gold, maybe gold colored paint
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