Scrap Gold Calculator
Estimate the pure gold in jewelry or scrap by weight and karat, valued at today's live spot price.
Pure gold: 0.1875 troy oz
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Melt value is the metal content times the current spot reference. Buy and sell prices for physical coins differ from melt value. Gold spot: —/oz. Scrap buyers pay a percentage of melt value.
Gold purity by karat
| 10k | 41.7% |
|---|---|
| 14k | 58.3% |
| 18k | 75.0% |
| 22k | 91.7% |
| 24k | 99.9% |
Frequently asked questions
How much gold is in 14k gold?
14 karat gold is 14/24 pure, or about 58.3% gold. 10k is 41.7%, 18k is 75% and 22k is 91.7%.
What is a pennyweight?
A pennyweight (dwt) is 1.555 grams, a unit jewelers and scrap buyers often use. There are 20 pennyweight in a troy ounce.
Will a buyer pay the full melt value?
No. Scrap buyers pay a percentage of melt value to cover refining and testing. Ask any buyer what percentage they pay.
Why does my scale weight differ from gold weight?
Jewelry includes other metals and sometimes stones. The calculator counts only the pure gold based on karat.
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