Hi! Anything that can be done about this?

Hi! I am new to Jewelry, so I don’t know much of what is possible. However, my friend dropped his gold bracelet in the road and it got run over (picture below). What are the options?

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That’s pretty squished. What karat gold?

Ouch! Not much you can do with that to restore it. Scrap it.

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Melt it down and cast it into something new like a pendant? A Phoenix, perhaps?

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