Karat Gold
Karat Gold
What's Your Scrap Gold Worth?
Gold prices are currently high, making it an excellent time to sell your broken jewelry and other scrap gold. However, you might have a hard time knowing whether or not you're getting a fair price for your gold. Here's a short guide to finding out how much scrap gold is worth and getting a good deal.
Scrap value is the minimum value that gold should be sold for - the value of the gold itself. Before you sell your old jewelry or other gold items at this price, think about whether or not you could be getting a better price. After all, there are a number of factors that could bring the price up.
Good workmanship could get you a price that's less than retail, but higher than scrap. Likewise, something that's antique or bears a maker's mark may be worth more, as well as any piece with gems set into it. They all have value outside the transaction, and should be removed from any gold piece that is only worthwhile as scrap. Sell precious stones to another dealer.
Once you have determined that the piece has no other value than scrap, you'll need to know what karat it is. This ranges from eight karat to twenty-four karat, and will tell you what percentage is truly gold. Twenty-four karat gold is nearly pure, and eighteen karat is about seventy-five percent pure.
Eight karat gold is found mostly in Europe, and is too low in purity to be recognized as having much value in the US. This material is about a third gold, and sometimes may tarnish. Nine karat is thirty-seven and a half percent gold, and is found mostly in the UK. The minimum US standard is ten karat, at about forty-one percent gold. This material is chosen for its hard wearing qualities, as it's harder than pure gold.
Twelve karat gold is fifty percent pure. It's rarely seen these days, but may be found in old watch cases. Fourteen karat gold is fifty-eight percent pure, common in the US, and is also made in Asia for markets overseas and in Russia. Fifteen karat gold is sixty-two percent pure, and a discontinued standard from countries in the UK. Since no fifteen karat pieces have been made since the mid-1930s, this mark tells you the piece may have antique value.
Eighteen karat gold pieces make up the majority of quality pieces, and may also be marked 750 parts per thousand. You'll find twenty-two karat gold mostly in pieces from Asia and the Middle East. It's very yellow and soft. At the top of the list is twenty-four karat gold, the softest and purest available.
Once you know how pure your gold is, finding the weight is the next step. Gold and silver are measured in either troy ounces or in grams. Look up the daily spot price per ounce (you can find it online), then divide that number by the percentage of purity of your gold. This will tell you the price you can expect to get for your scrap gold.
About the Author
Bud Blair founded Gold Tree Online, the leading site to sell scrap gold online and exchange cash for gold . They help you trade your old broken jewelry, rings and coins for cash in a safe and secure environment.
Johnossi - 18 Karat Gold
 |
 Star Wars 24k gold plate print challenge COIN 134  US $.99
|
 Animal panda 24k gold plate Print COIN 01 US $.99
|
 Genuine COA WITH Unique Hologram 24k PURE GOLD 5 GRAIN FINE GOLD BAR US $27.55
|
 Star Wars 24k gold plate print challenge COIN 139 US $.99
|
 Animal panda 24k gold plate Print COIN 02 US $.99
|
 Animal panda 24k gold plate Print COIN 03 US $.99
|
 Star Wars 24k gold plate print challenge COIN 141 US $.99
|
 Black Hills Gold DOUBLE HEART Band Ring 10k man men woman size 10 wedding US $175.00
|
 Animal panda 24k gold plate Print COIN 04 US $.99
|
 Star Wars 24k gold plate print challenge COIN 143 US $.99
|
 LIMOGES CASTEL COBALT BLUE 22K GOLD VASE US $9.00
|
 Limited Railroad Approved Hanilton Pocket Watch US $275.00
|
 Star Wars 24k gold plate print challenge COIN 145 US $.99
|
 NEW ANGEL CAKE FROM HEAVENLY ANGELS COLLECTIBLES US $9.00
|
 Star Wars 24k gold plate print challenge COIN 147 US $.99
|
 Vintage Solid Gold Mens Hamilton Thin o matic with Micro Rotor US $405.00
|
 Star Wars 24k gold plate print challenge COIN 150 US $.99
|
 Star Wars 24k gold plate print challenge COIN 153 US $.99
|
 Star Wars 24k gold plate print challenge COIN 155 US $.99
|
 Animal panda 24k gold plate Print COIN 05 US $.99
|
 NEW GOLD 20mm HEAVY STAINLESS STEEL WATCH BANDBRACELET FITS ALL US $41.50
|
 Star Wars 24k gold plate print challenge COIN 157 US $.99
|
 Animal panda 24k gold plate Print COIN 06 US $.99
|
 SILVER ST Faux Marcasite Red Drop Design Pierced Ear US $2.08
|
 Animal panda 24k gold plate Print COIN 07 US $.99
|
 Animal panda 24k gold plate Print COIN 08 US $.99
|
 Animal panda 24k gold plate Print COIN 09 US $.99
|
 Animal panda 24k gold plate Print COIN 10 US $.99
|
 $445 NWT KaTE SPaDE Gold Coast Maryanne Tote Exquisite Quilting scarlet US $299.00
|
 BILLY MITCHELL ALFRED F HURLEY EASTON PRESS LIBRARY OF MILITARY HISTORY US $49.00
|
![SILVER ST CRYSTAL RETANGLE SHAPE Pierced Earrings]](http://www.goldbarsbullionbars.com/images/e/280814711154_0.jpg) SILVER ST CRYSTAL RETANGLE SHAPE Pierced Earrings] US $.99
|
 Dale Earnhardt Hot Property Collector Plate US $9.99
|
 NEW 14K UNICORN HORSE PENDANT solid yellow gold VALENTINES GIFT US $94.00
|
 Hamilton Electric 10K GF Gemini II Very good condition running 505 movement US $111.38
|
 Beautiful Dresser Dishhand decorated 24 K Gold US $65.00
|
 SUPER FANCY VICTORIAN GOLD FILL 15 JEWELS AMERICAN WALTHAM POCKET WATCH RUNNING US $83.00
|
 LOOK SILVER NFL FOOTBALL MARINO MIAMI DOLPHINS TOPPS ROOKIE GOLD LOT COLLECTION US $655.00
|
 WOW GOLD SILVER BASEBALL NY YANKEES MANTLE 1958 TOPPS LOT Framed Auto Pictures US $1,495.00
|
 NEW MY ANGEL PLATE BY MaGo HEAVENLY ANGELS COLLECTION US $9.00
|
 Vintage 17 Jewel Mens Longines US $189.50
|
| Powered by phpBay Pro |
|
|
Royal Albert 100 Years of Royal Albert Teacups and Saucers, Set of 5, 1900-1940 $135.99 Royal Doulton announces the international launch of the 100 Years of Royal Albert collection, celebrating a century of English craftsmanship through ten patterns representing design trends of each decade of the 20th century. Royal Albert's success dates back to the late 1800's, and the new collection celebrates the brand's vitality, longevity and rich design history. The collection features all bo... |
|
|
Royal Albert Old Country Roses 3-Piece Tea Set $99.99 Designed originally in 1962 by Harold Holdcroft, Royal Albert's Old Country Roses has become one of the most popular china patterns in the company's century-long history. The sumptuous design is enhanced by the sophisticated shape, graceful floral ornamentation, rich feminine colors, and a style and elegance that are uniquely English. This matching 3-piece tea set from Royal Albert beautifully co... |
|
|
American Weigh DIA20 Digital Carat Scale, 100 by 0.005 CT $17.69 Four different weighing units (g, ct, dwt, gn,) Includes tweezers, (2) 10g calibration weights, and carrying case Capacity 20g / 100ct / 308.8gn / 12.86dwt |
|
|
Doors $5.67 On their 1967 debut album, the Doors more than fulfilled the promise of their infamously challenging gigs around Los Angeles throughout the previous year. Whether belting out a standard like "Back Door Man" or talk-singing such originals as "The Crystal Ship" and "I Looked at You," leather-clad vocalist Jim Morrison exuded both sensuality and menace. The mixture, on the outsize album finale, "The ... |
|
|
10 Carrot Diamond $10.48 18 songs, Lyrics included. Ages 2 - 8.Winner of the Canadian Juno Award (equivalent of a Grammy), Parents' Choice Classic Award and American Library Association Award. A Canadian Gold Record! A Best Seller! Songs include: * Four Hugs a Day * I Wanna Be a Dog * La Bamba * The Garden Song (Inch by Inch) * Looking for Dracula * Stella, Stella Oga ... |
|
|
The Well (24 Karat Gold CD) $21.82 Jennifer Warnes became a household name in the '70s with her hit Right Time of the Night. Originally released in 2001, The Well is a 10 song collection co-produced with Martin Davich. Features guitarist Doyle Bramhall. The first ever authorized 24K Gold CD of The Well, supervised and re-sequenced by Jennifer Warnes with two never-before-heard tracks, an exclusive extra bonus track featuring a touc... |
|
|
Warner Brothers Golden Jubilee 24 Karat Collection Road Runner Vs. Wile E. Coyote: The Classic Chase [VHS] $12.99 ... |
|
|
Warner Brothers Golden Jubilee 24 Karat Collection Bugs Bunny's Wacky Adventures [VHS] $12.99 ... |
|
|
Warner Bros. Cartoons Golden Jubilee 24 Karat Collection - A Salute to Chuck Jones [VHS] $12.95 ... |
|
|
24k Gold Intensive Eye Treatment Cream $31.70 24k Gold Intensive Eye Treatment Cream contains 24K Pure Gold to bring out your inner youth by deflating puffiness and reducing dark circles around the eyes area, giving your eyes a rested look. The Gold recharges cellular energy, so aging skin cells act younger and stimulates the repair of damaged skin cells at the molecular level so it visibly minimizes fine lines and wrinkles. 24k Gold Intensi... |