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How to Determine 100% of the precious metal value of your gold jewelry

How to Determine 100% of the precious metal value of your gold jewelry

Supplies needed:

1 scale preferably digital with at least a gram weighing mode.

1 magnifying glass or jewelers loupe.

1) Identify and understand the karat value stamped on your jewelry.

Use a magnifying glass and locate the karat stamp on each piece.

Gold examples:

10K or 417 that is 41.7 % gold content

14K or 585 that is 58.5 % gold content

18K or 750 that is 75% gold content

14KP indicates plumb gold which means exactly 58.3% gold

14KT is 58.3% gold purity.

Gold plated marking examples:

1/20 12k or 1/20 14K a fraction will indicate gold plating

14K GF is gold filled (plated)

14K GP stands for gold plate

18K HGE -heavy gold electroplate

14k GE -gold electroplate

925 gold plated over sterling silver. 925 is 92.5% silver

2) Separate the karats identified. If unsure about any pieces set aside for professional evaluation/testing.

3) Weigh you items using a digital scale. We recommend getting a scale so that you know how much your jewelry is worth.

4) Use our gold calculator or cross check our gold calculator with other scrap gold calculators on other websites/apps.

There are several free gold calculator apps available for smart phones. Our gold calculator is set for the London gold market price.

We always pay at least 80% (equivalent to around 84% of laboratory assay/purity results) based upon the London Fix gold price,

and the purity of the gold items.

Wilkes Barre Gold

Precious Metals Exchange

1092 (1122 GPS) Highway 315 Blvd. Plaza 315

Plains Township, Pa 18702

Open 6 days a week:

Monday 9:30 am–6:00 pm

Tuesday 9:30 am–6:00 pm

Wednesday 9:30 am–6:00 pm

Thursday 9:30 am–4:00 pm

Friday 9:30 am–6:00 pm

Saturday 10:00 am–4:00 pm

Sunday Closed

(570) 484-6538 or (570) 991-7448 cell

http://www.wilkesbarregold.com wilkesbarregold@yahoo.com

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