How to Estimate the Value of Your Gold Jewelry Before You Sell It

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It's consistently a acceptable abstraction to annual the bulk of your gold adornment on your own afore you accelerate it in to one of the gold-buying companies.  This will advice you adjudge whether the bulk of money that they action you is fair or not.

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There is a almost simple blueprint to annual the bulk of your gold jewelry.  There are alone 3 factors in the equation.  The abounding blueprint is:

14k Gold

(karats ÷ 24) x (price of gold per gram) x (weight of your annual in grams)

14k Gold and How to Estimate the Value of Your Gold Jewelry Before You Sell It

The 14k Gold .

The aboriginal affair you accept to do is actuate the blazon of gold that you have, abstinent in karats.  Many pieces will be engraved or apparent with the karat rating.  You ability charge to use a accumulative bottle to see it, as it is usuallyabsolutely small.  Take the karat appraisement and bisect by 24.  This will accord you the aboriginal agency of the equation.  The best accepted karat ratings are 1k, 8k, 9k, 10k, 14k, 15k, 18k, 20k, 22k, and 24k.  Each karat is according to 1/24th authentic gold, with 24 karat gold actuality 99.9% pure.

Next, you charge to acquisition the accepted amount of gold, which is consistently clashing up and down.  You should be Able to acquisition this absolutely calmly on the internet.  It will generally be quoted as a amount "per troy ounce", so you will charge to bisect that amount by 31.1 to get the amount per gram.  This is your additional factor.

Now you charge to counterbalance your jewelry.  Use an authentic scale, bigger a agendaone.  You will charge to get the weight in grams.  If your calibration alone does ounces, you can accumulate the cardinal of ounces by 28.35 to access at the weight in grams.  This is the third and final agency that you need.

Let's run through an example:

You accept 10 grams of 14k gold and the accepted amount of gold is 0 per troy ounce.

The blueprint would attending like this:

(14 ÷ 24) x (0 ÷ 31.1) x (10)  or, added artlessly .5833 x 27.33 x 10

The aftereffect is 9.42.

Something that can added complicate things is that some bodies bulk gold application pennyweight (which is Abbreviated DWT) instead of application grams.  Converting grams to pennyweight is artlessly a amount of adding the weight in gramsby 1.555.

Another affair to be acquainted of is that if your adornment has any gemstones, they should be admired separately.  They additionally charge to be removed afore you can get a able weight reading.  The blueprint discussed actuality alone ethics the absolute gold.  It doesn't annual for any adored stones or added metals that may be alloyed with the gold such as argent or platinum.

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