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1 How To Determine The Value Of Your Gold Jewelry?

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Maybe you’re familiar with the following references to sell gold: 14k, 18k, 22k and 24k. Usually, you can see these characters on the back of your ring, or any part of your gold jewelry. Not really sure what it means? Well let’s get into it a little bit deeper. What does karat stand for? Is it different from carat? And how does it affect the value of your jewelry? K stands for karat which depends on the purity of gold while carat is used in measurements of diamonds. Since we are talking about gold then we would use karat instead, the higher the karat, the higher the value of the gold and gold jewelry. 24k is considered to be pure gold. So, to give you a better idea of the different values of gold…let’s talk about karats: 10k or 417 in European karat system means the purity of gold in a gold alloy is 10 parts (10/24) and 14 parts of another metal. 14k or 585 in European karat system means the purity of gold in a gold alloy is 14 parts (14/24) and 10 parts of another metal. 10k and 14k jewelries are considered to be very affordable. 18k or 750 in European karat system means the purity of gold in a gold alloy is 18 parts (14/24) and 6 parts of another metal. 18k is the standard used by many in making different kinds of jewelry. Gold jewelry made of 18k are often times more expensive than 10k and 14k. 22k or 916 in European karat system means the purity of gold in a gold alloy is 22 parts (22/24) and 2 parts of another metal. 24k or 999 in European karat system means the purity of gold in is pure 24 parts of 24 (24/24). As the karat of the gold decreases then the alloy in your jewelry increases. . . the lower the karat the lesser the value of your jewelry. So, now you know that 24 karat gold is the best in terms of value. If you have the money, is it advisable to always buy 24 karat gold jewelry? The answer is no. Gold is a soft metal…and when you use it purely to make jewelry… more often than not, it will be damaged easily. So, it is advisable to mix some other metals with it. You can learn more about gold and their values at Sell Scrap Gold Online.

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  1. Most people are unsure when they first sell scrap gold. Your best bet is to sell to a local reputable dealer until you learn what you are doing. Then you can branch out to the internet and attempt to get a better price for your scrap gold.

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