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I have actually a 14 karat yellow ring that weighs 0.3 ounces on my postal scale. Deserve to you tell me what the value of gold in this ring is and also what I have to expect to gain for that from a refiner? – Bob in Columbia, MO

To determine the worth of yellow in your 14K yellow ring, there room a few issues to consider:

Weight – regrettably postal scales are not accurate sufficient when one is considering the valuing the a yellow item, however in this case, we measured the ring the you sent in and found the to in reality did weigh 8 grams or 0.2822 ounces.

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Percentage the Gold – 14K yellow is supposed to save 58.24% gold while the rest is generally made increase of copper, zinc, nickel, and other metals. We ran your ring through our X-Ray analyzer and found the it actually had 66.89% gold. See video clip Clip.
Price of Gold – on July 22, the price of yellow closed in ~ $951.42 per ounce. Store in mind the gold is valued in troy ounces and also Americans frequently think of one ounce together what is termed a avoirdupois ounce. Troy ounces actually weigh a little an ext than avoirdupois ounces so friend actually have less than .2822 trojan ounces of gold. To get your worth in trojan ounces, you would certainly actually have to multiply .2822 avoirdupois ounces by .912.

So, the quantity of pure yellow in your details 14K yellow ring weighing .2822 avoirdupois ounces v a gold percentage of 66.89% to be 0.18877 ounces. To figure out its value in trojan ounces, us mulitplied this number by .912 to acquire 0.172 trojan Ounces. Mulitplying this through today’s rate for yellow of $951.52 and also your gold is worth $163.79.

Of course, the refiner demands to melt this into a kind that who wants and also make a profit so you should expect all over from 70% to 90% that this worth from a refiner. Many refiners won’t deal in quantities this low. At Arch Enterprises, we do, yet we pay on a range that arrays from 80% for those who send in less than 1 oz of pure yellow to end 90% for those sending out in over 2 ounces.

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My wife freshly purchased a necklace w/matching earrings in ~ an heritage sale. Lock are plainly marked 585 on each piece, which i believe means 14K gold; the full weight as close together I can measure is 36.6 grams. The necklace is about 17.5 customs long and the earrings room 36 mm x 14 mm. Have the right to you estimate the worth as mine wife states “These room UGLY, however they could pay for something pretty!” Thanks, Louis


Comment by Louis Bishop on march 14, 2010 at 4:32 pm

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I own a necklace and also interested to recognize its value. The weighs 1.7 troy ounces the gold. The karat worth is 18 to 21. Over there is stamping top top the clasp yet unfortuately the is arabic…and I have actually know idea just how to check out it. I would likewise like to recognize if over there is a distinction in the value if ns were to melt the down and selling it or simply selling it together scrap. Many thanks for her time.