So I managed to sell my ring today, and I don't think I got hosed.
Weighed it a couple days ago, with the scale at work and it clocked in at right about a half an ounce. It was 14 karat gold, so I figured that worked out to just under a third of an ounce of pure gold in the ring.
Took it into West Seattle Coins this afternoon, and got $200 for it. The fellow there said they pay 80% of 'melt cost.' I'm not quite sure what that means, but $200 out of a possible $300 and change seemed fine with me. I took the money and left the ring.
I was all set to watch the WAHTF EE for a 10/22. Sadly, I then remembered I have a surety bond that's up for renewal soon. As luck would have it, that'll cost me $200. So a 10/22 slipped out of my fingers, but at least I don't have to scramble to find an extra $200 in the budget this month to renew the bond.
Anyway, if your looking to unload any precious metals, I'd recommend West Seattle Coins. They were really friendly and quick, and from what little I can tell, they didn't rip me off. They also have a mountain of bullion, so if you're looking to stock up for the end of the world they might be a good source.
Still regret not getting the 10/22 though...