Finding The Right Chain Necklaces For You
Vintage chain necklaces can make a statement on their own. Whats better than eye-catching chains of yellow gold or subtle silver to accessorize with everything from a designer evening dress to a comfortable sweatshirt?
Personal ornament in general has been around for eons. Ancient Egyptians designed jewelry and wore necklaces, rings and other accessories, and the excavation of King Tuts burial chamber in 1922 had the greatest impact on Art Deco jewelry. When chain necklaces first took on some visibility in ancient civilizations, these items werent exactly democratic.
Chain necklaces were accessories that were relegated strictly to royal families and the upper class. In ancient times, pendant necklaces conferred prestige, for example. Wealthy Greeks and Romans opted for gold and silver necklaces that featured ornate pendants and semiprecious stones. By the Renaissance period, the pendant had replaced the brooch as the most worn type of jewelry. Pendant necklaces were commonplace, or pendants were simply strung on long gold chains.
Thankfully, jewelry became more accessible over time. And trends have come and gone, but the popularity of chain necklaces today owes in part to hip-hop culture. Big, chunky gold chains and diamond necklaces were the order of the day in publicity shoots and on album covers for rappers in the early 1980s onward, and a gold chain is still a mainstay in the ever-evolving and broadening hip-hop culture as we know it.
How Much Is A 14k Italy Gold Chain Worth
First, the gold chain would have to be verified to be actual Italian gold. As long as the gold chain is made of real Italian gold, its value will be determined based on golds current stock price or the spot price and using the golds percentage purity and the weight of the necklace, its value is then calculated easily.
Keep in mind that we are using the same valuation as gold from elsewhere because gold has a standard going rate worldwide, regardless of the place you buy it from. The current foreign exchange rate is what will determine how much you end up paying for it, and it is what makes gold from some parts of the world seem cheaper than others.
14k Italian gold is valued at $34.998 per gram. So to determine how much the gold chain is worth, you will use the current spot price of gold, $34.998 x 58.5%, x by the weight of the chain. As mentioned above, heavier chains, longer, and bigger chains that weigh more are the most expensive ones.
Determining The Weight Of Pure Gold In A 14k Necklace
After youve determined the total weight of your 14K necklace, you can find out the weight of the pure gold in it.
Simply multiply the necklaces weight by its gold content percentage, which we already calculated to be 58.3%.
For example, if you have determined that your necklace weighs 8 grams, then the pure gold in it will be 58.3% of that number, or about 4.7 grams.
Also Check: How Much Is 9999 Gold Worth
How Much Is A 14k Gold Rope Chain Worth
A gold rope chain made of solid 14k gold will be valued differed based on its length, size, and weight. This is to say that a 16-inch 14k gold diamond-cut rope chain is worth a few bucks less than a 20inch 14k gold diamond-cut rope chain as long as both chains are of the same width.
A thicker 2mm 14k gold rope chain will be worth more than a 1mm 14k gold rope chain of the same length because the extra thickness increases the chains weight, and subsequently, the value of the chain.
The 14k chains range in price from about $500 to $700, depending on the weight of the chain and the market value of a gram of gold at the time the chain is valued.
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Also Check: How Do Gold Karats Work
How Much Is A 14k Gold Chain Worth At A Pawn Shop
While its important to know how the value of a gold chain is arrived at, and you can do it at home before taking the chain to the pawnshop, you have to know that you will not get as much as the chain is actually worth when you take it to the pawnshop.
The reason for this is that the pawnshop brokers are in business, and eventually, they have to make a good profit margin from their trades.
So, despite paying or pricing the chain by weight, they will always have a very low payout. You could bargain for a higher rate, but eventually, you will not as much as you may have hoped for when valuing the gold chain at the pawnshop.
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When I saw this rosary with a Saint Michael center and the beautiful cross I knew I had to order one. Both of my children are named Michael and Michaela As they were making their confirmation I reached out to the owner of the Shop, Anthony to see if I could order specific colored beads with this cross. Anthony was super accommodating, super quick to respond, provided AWESOME customer service. Days later I got the rosaries and they are EXTREMELY BEAUTIFUL. Highly recommend. Thank you so much.
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When I saw this rosary with a Saint Michael center and the beautiful cross I knew I had to order one. Both of my children are named Michael and Michaela As they were making their confirmation I reached out to the owner of the Shop, Anthony to see if I could order specific colored beads with this cross. Anthony was super accommodating, super quick to respond, provided AWESOME customer service. Days later I got the rosaries and they are EXTREMELY BEAUTIFUL. Highly recommend. Thank you so much
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How Much Is A 14k Gold Chain Worth Per Gram
Gold is valued per gram, and in the market today, the value of 14k gold is $34.998 per gram. Use this information and the percentage purity of gold to determine the value of your 14k gold.
Just keep in mind that the value of gold is not standard, and its ever-changing based on changes in the market. So, once the chain is weighed, its value will be determined based on the value of gold per gram for the day.
Determining The Total Weight Of Your Gold Necklace
To find the absolute amount of pure gold in your necklace, you will need to weigh it.
Before you do that, dont forget to remove any stones so as not to artificially inflate the calculated weight of the gold alloy in the piece.
Weigh your necklace on a scale, and record the weight in grams or ounces.
If you need to convert the weight into troy ounces, remember that 1 gram is equal to 0.03215 troy ounces, and 1 ounce equals 0.91146 troy ounces.
Some jewelers also use pennyweights as units of measurement, so you should know that 1 troy ounce is equal to 20 pennyweights .
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How Much Is A 14k Gold Chain Necklace Worth
The price of the 14k gold chain necklace varies a lot, depending on the spot market value of gold, as mentioned above. So, in the case of a 14k gold chain necklace weighing 15grams, its value will be the percentage purity of gold, which is 58.5% multiplied by the grams and the value of gold at the time. At a rate of $33.15per gram for 14k gold, the chain necklace will be worth approximately $545.4438
How Much Is A 14k Gold Chain Worth
Generally, how much your solid 14k gold chain is worth will depend on what you ask. The reason for this is that despite knowing that the 14k gold piece is worth something, the value of the chain in the real world will always vary.
It will not be worth its exact theoretical value and certainly not the buying price. Keep in mind that in most cases, the buying price of the gold chain is quite high because the marked price will include the profit that the shop has to make and not just the actual value of the gold.
So, just knowing that the 14k gold chain is made of 58.5% pure gold and using its weight to determine the value wouldnt be enough. Well, knowing the theoretical value is important because it means you will not be duped or get an inaccurate valuation.
That said, if you are selling the chain to an artist, for example, who makes things out of the 14k gold or even a collector, you will definitely be offered more than what youd get if you trade the chain at a recycling company or the pawnshop.
Its also important for you to think of the other factors that would affect the value of the gold chain, like the size and its weight, because regardless of who you sell the chain to, the valuation of the chain is determined by these factors.
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