http://www.deathandtaxesinc.com/wear-scrap/
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.
How to Decorate Slippers : How to Use Scrap Fabrics
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2 Vintage 1/10 10K Employee Service Pins 2 grams Wear or Scrap Gold PAMIDA $4.99 |
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Ruby 14k Yellow Gold Ring July Birthstone Mens Ladies sz 8 Wear or Scrap 6.3g $172.50 |
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MAN’S ESTATE DIAMOND NUGGET RING SOLID 14K YELLOW GOLD,WEAR IT OR SCRAP IT. $314.00 |
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10K Solid Scrap or wear, V Omega necklace 11 grams $225.00 |
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10K YELLOW GOLD WIDE WEDDING BAND RING WOMEN’S LADIES SIZE 6 10KT WEAR or SCRAP $48.03 |
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14k solid gold 5 grams anchor name pendant scrap or wear one day auction!!!! $120.00 |
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NEW LADIES 14K SOLID GOLD RING TOTAL 6 GRAMS SIZE 6 SCRAP IT OR WEAR IT $152.50 |
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14k GOLD Bracelet 14 grams Wide Fancy Link Made Italy Wear or Scrap $399.99 |
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VINTAGE SCRAP RHINESTONE JEWELRY LOT 24pc FOR REPAIR PARTS OR WEAR NICE #71! $57.99 |
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5 PAIRS 3 SINGLE YELLOW GOLD EARRINGS 14KT & 925 SCRAP MELTDOWN or WEAR LOT $40.56 |
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♥Gorgeous Blue Topaz & Diamond Ring♥Oval 0.85ct ♥14k Y Gold 2.12g Scrap or Wear $42.00 |
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Vintage? Peru Llama Cuff Link – wear or scrap $3.00 |
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♥Gorgeous Blue & White Diamond Ring♥14k Y Gold 2.40g Scrap or Wear Size 8 $82.00 |
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♥Princess Cut Citrine Ring♥14k Yellow Gold 2.66g Scrap or Wear Size 6.5 $43.99 |
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♥Tanzanite & Tourmaline Gemstone Ring♥14k Yellow Gold 2.67g Scrap/Wear Size 7.5 $50.99 |
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♥Tanzanite & Diamond Gemstone Ring♥14k Yellow Gold 1.54g Scrap/Wear Size 5 $37.99 |
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♥Diamond Ring 0.16cts trillion cut ♥10k Yellow Gold 1.26g Scrap/Wear Size 8 $69.00 |
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*ESTATE*LARGE 14K SOLID YELLOW GOLD BUTTERFLY PENDANT WEAR OR SCRAP *NO RESERVE* $109.99 |
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13 SILVER Rings-40 Grams-MARKED-Scrap/Wear-12 Stone GrandMother Ring-2 Toe Rings $54.00 |
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10K Gold 4.7 gr. 14K Gold 5.3 gr. Wear Scrap Repair Total 10 grams $285.00 |
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81.15g GOLD FILLED LOT WEAR OR SCRAP 12K $100.00 |
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19+ lbs Vintage-Now Costume Jewelry Craft Junk Scrap Resell Wear (Box A) $51.00 |
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19+ lbs Vintage-Now Costume Jewelry Craft Junk Scrap Resell Wear (Box B) $46.00 |
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Sterling Silver Jewelry- Mixed Lot- Scrap or Repair Or Wear 45g $33.00 |
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14KT White Gold 11/16″ Wide Fancy Link Bracelet 7″ Wear Not Scrap 17.1grams NICE $600.00 |
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14 k White Gold Ring ~ Topaz or Citrine ~ 2.9gr ~ Scrap or Wear $49.99 |
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LOT GOLD FILL SCRAP OR WEAR BRACELETS CUFF LINKS 29.6 GRAMS $9.99 |
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womans 14K white gold ring 1 carat cz scrap or wear heart shaped stones nice !! $0.44 |
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14 Karat Gold Vintage Earrings for Wear or Scrap 10+ grams $289.00 |
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14 KT Yellow Size 6.75 Gold 14k Ring Wear Scrap g Gram W Stone + “F” Charm $57.00 |
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lot of 5 estate sterling silver 925 gemstone pendant lot~wow scrap or wear $10.50 |
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Ladies 14K White Gold .84ct Diamond Earrings Superb Cond. Scrap Wear 8 Grams $106.49 |
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14K Solid Gold~Rings~Bracelet~Chains~Lobsters~23.0g Grams~Scrap~Wear~Repair $650.00 |
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Lot of Gold Filled Jewelry: Scrap, Repair, and / or Wear $156.99 |
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12 pcs Sterling Silver Jewelry Lot Wear or Scrap $32.00 |
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10K Men’s Diamond Ring Wear or Scrap $199.00 |
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Scrap / wear 9ct gold 1.1cm round twisted knot stud earrings $5.06 |
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ANTIQUE 14K GOLD OPAL RING SIGNED JTC STUNNING NO SCRAP WEAR $150.00 |
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Scrap / wear 9ct gold blue topaz and cubic zirconia drop stud earrings $23.69 |
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10 KT Solid Gold Cigar Band Ring; 2.3 grams; Wear or Scrap; You Decide $50.01 |
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Scrap / Wear 9ct gold star shaped cubic zirconia earrings $15.79 |
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14k Men’s 4.0ct Lindy Star Sapphire Ring Wear or Scrap $249.00 |
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VINTAGE 14K GOLD BRACELET scrap or wear 6 3/4″ 4g $56.00 |
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14k Ladies 3 Stone Diamond Ring Wear or Scrap $249.00 |
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14kt gold Promise or Wedding Ring with Diamonds wear or Scrap $149.00 |
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Genuine Emerald & Diamond 14kt Ring May Birthstone Wear or Scrap $125.00 |
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10k Men’s Diamond Band Ring Wear or Scrap $125.00 |
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Vintage Genuine 925 Sterling Silver Ring Wear or Scrap $9.99 |
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LOT 99.6 GRAMS 14K & 10K SOLID GOLD SCRAP WEAR!!! $2,311.99 |
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Vintage Genuine 925 Sterling Silver Ring Wear or Scrap $9.99 |
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Vintage Silver Cross Charm Scrap? Wear? $3.95 |
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Lot of 8 Sterling Silver rings, Wear or Scrap. $32.98 |
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10K Solid Gold~Ring~Lobster Claw~Box Clasp 7.9g Grams Scrap~Wear~Repair Work $125.00 |
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32.8g of 10k Gold Jewelry : scrap or wear $450.00 |
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10K SOLID GOLD WEDDING SET SCRAP OR WEAR ONE DAY AUCTION $19.99 |
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14K Gold Scrap Jewelry- Sapphire & Diamond Ring- Scrap or Wear- 4.6 grams-nice $67.99 |
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14K Gold Scrap Jewelry- Sapphire & Diamond Ring- Scrap or Wear- 3.1 grams-nice $61.00 |
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9CT GOLD 21.3 OF SCRAP GOLD FOR REPAIR OR WEAR $395.18 |
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14K GRADUATING HERRINGBONE NECKLACE 17″ 10MM ~ 13.6 GRAMS ~ wear not scrap gold $350.00 |
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DIAMOND HEART PENDANT NECKLACE 10K YELLOW GOLD w/ 18″ CHAIN 2.1g Wear or Scrap $79.99 |
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8.7 grams – 14kt scrap or wear gold necklace $180.27 |
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Very Nice, Brilliant Quality 14K Gold Bracelet, 7″, 12.8g Please Wear-Not Scrap! $439.00 |
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3.5 Grams 10k Gold~Scrap Gold or Wear 2 RINGS *1 DAY AUCTION! $50.00 |
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HUGE LOT OF 14K/10K GOLD BANDS – 33G 14K & 13G 10K – SCRAP/WEAR – 46 GRAMS TOTAL $975.00 |
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VINTAGE EYEGLASSES, 1/10 12K GF, WEAR OR SCRAP $7.75 |
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14.4 grams asst. 10K yellow gold rings with stones scrap or wear $300.00 |
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Captivating design diamond cut solid 10k y gold ring s.6.5 (3 gr) scrap or wear $94.00 |
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5.1 Grams 10k Gold~Scrap Gold or Wear Men’s Diamond Ring *1 DAY AUCTION! $77.00 |
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Sterling Silver & Amber Calla Lily Necklace & Earrings Set! Mexico Wear or Scrap $22.50 |
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17.1 Grams Of Solid 18k,14k,10k Gold (Scrap Or Wear) $480.00 |
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14k SOLID GOLD CUBIC ZIRCONIA STUD EARRINGS, wear or scrap $19.00 |
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183 GRAMS STERLING SILVER JEWELRY MOTHER PEARL WEAR OR SCRAP SOUTHWEST ITALY LOT $125.00 |
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STERLING SILVER SCRAP & WEAR JEWELRY LOT 360.5 GRAMS $152.50 |
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TIFFANY & CO 925 SILVER BRACELET WITH HEART 34.8 GRAMS WEAR OR SCRAP $65.00 |
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14KT EARRING LOT, 9 GRAMS, 10 PAIR IN GREAT CONDITION TO WEAR OR SCRAP $191.38 |
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140 grams 18k 14k 10k gold no reserve stones removed scrap or wear $4,050.00 |
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14KT MULTI STRAND 7″ BRACELET, 8.5 GRAMS TO WEAR OR SCRAP $102.50 |
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14 K GOLD INITIAL A RING WITH DIAMONDS 3.8 GRAMS- WEAR OR SCRAP GOLD FROM 1980 $182.50 |
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Heavy 9.62g Tri-Colored Wedding Ring Solid Gold 14k White Yellow Rose Scrap Wear $205.71 |
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14 KT Yellow Gold and Fresh Water Pearl Bracelet, Wear or Scrap $19.99 |
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NEW $1,585.00 – ( 5 ) — 10K Gold Rings – Wear, Sell or Scrap – PRE XMAS JULY $269.00 |
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Sterling Silver Jewelry for Scrap or Not -Wear/Repair-78 Grams $40.00 |
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37.4 GRAMS 24K .9999 Pure Solid Chinese Gold 18″ Necklace for Wear or Scrap $2,000.00 |
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925 Sterling Hoop Earrings 1.5″ 7.2 grams-Scrap or Wear $23.99 |
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14 K YELLOW GOLD 20″ HEAVY CHAIN WEAR OR SCRAP SIGNED 14K gp OVER 19 GRAMS !!! $25.99 |
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14 kt chain with pendant, pair earrings & bracelet. 2,6 gr.Wear or scrap $70.99 |
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STERLING SILVER GEMSTONE JEWELRY LOT, WEAR OR SCRAP, 33 GRAMS $16.75 |
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VINTAGE 14K YELLOW GOLD Single 3/4″ HOOP EARRING for SCRAP or WEAR $26.00 |
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10K Solid Gold Jewelry Lot + Gold Coin – 23.4 Grams Wear/Repair or Scrap $182.50 |
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sterling silver diamond shape ring band size 12.5 nice and big,,,scrap or wear $7.00 |
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Vintage Sterling “fish” Pendant..marked sterling on his tail..wear or scrap… $3.25 |
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Vintage Sterling “Dolphin” Pendant..marked 925 ..wear or scrap. very cool piece! $3.00 |
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Vintage 10k gold lot of one ring, 2 cufflinks and one chain…for scrap or wear. $71.89 |
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Vintage Sterling Ring, size 11..mans. ready for setting..6.3 grams wear or scrap $7.50 |
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scrap or wear lot of 8 chain necklaces 67.90 grams sterling silver $54.99 |
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wholesale lot 68.44 grams silver jewlery scrap or wear rings braclet pendant $54.99 |
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Scrap / Wear Vintage 9ct gold scallop shell earrings $2.40 |
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Scrap / Wear 9ct gold matt effect 8mm round gold stud earrings $31.60 |
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Big Lot Vintage Costume Jewelry-Wear/Scrap Crafts – 11 Pounds $46.00 |
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OLD STERLING SILVER REPOUSSE FLORAL LINK BRACELET/EARRINGS/SCRAP OR WEAR $19.99 |