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2 PoundS IC Chips For Gold Recovery Or Scrap Gold. $27.50. 14 Kt Herring Bone Scrap Gold Chain 14 Inches. $292.00. * 18 karat, 14 karat, and 10 karat are common for gold jewelry. If your scrap gold is not stamped with a karat number, you may want a gold testing kit to confirm purity (see below).
https://www.usacoinbook.com/coin-melt-values/scrap-jewelry/
For calculating the value of your scrap gold, you must have the weight of gold along with the karats and then use the live market prices of gold to find the value of your scrap and jewelry. It's basically the same concept used when finding the value of gold coins. We have a scrap gold calculator just for this:
https://www.jewelrynotes.com/what-is-scrap-gold-and-how-is-it-valued/
But as a rule of thumb, most scrap gold buyers will buy your gold at 60% to 80% of the market price — the high end of the range is usually offered to people that have a lot of gold to sell. So, for example, if you have a 14K gold ring that weighs 10 g (excluding stones and non-gold clasps), you actually have 5.83 g pure gold (remember that 14K divided by 24K is 58.3%).
https://www.thebalanceeveryday.com/how-to-price-scrap-gold-2339881
Feb 19, 2020 · Gold prices usually are quoted per troy ounce, which is equal to 31.1 grams, so you can easily divide the current gold price by 31.1 to get the price per gram. Determining Melt Value To determine the melt value of your gold piece, use the weight of your piece, measured in grams, the purity of your piece, measured by percentage, and the current ...
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