What Is 14k Gold
Represented by the chemical symbol Au and atomic number 79, gold is a naturally occurring element. As the most malleable of all metals, gold makes for an ideal material when creating fine jewelry. 14K gold is a mixture consisting primarily of gold, blended with durable metals such as zinc, nickel and copper along with a rhodium plating. Gold by itself is relatively soft, so the alloy metals strengthen the composition. 14 Karat specifically refers to the metal mix that is 58.3% gold, compared with 18 Karat that is 75% gold. 14K gold is used for engagement rings, eternity bands, pendants, earrings and other fine jewelry pieces. With 14K gold, the metal is beautiful but also durable for everyday wear.
The Weight Of The Ring
For the ordinary 14K rings typical selling, the criteria include its state, weight, and current gold price. There are scrap gold calculators on the Internet that can help you do the calculations precisely and exactly.
For instance, the following table shows the current value for one gram and one ounce of 14 K gold compared to 24K and 10 K gold.
|Quality of gold|
|$ 1,939.0||99% pure gold|
The 24 K gold costs the most as its purity is 99%. Since the 14 K gold is only 58% pure, it is always cheaper. Now, when you know your golds value and what to expect, lets visit the pawn shops.
K Gold Price Per Gram
The current 14k gold price per gram is $33.58. This price is live and this page updates every 30 minutes with the most recent gold price. Bookmark this page and come back whenever you need to know the price of a g of 14 karat gold. Note 14k gold is 58.3% gold with the other 41.7% being some other metal usually copper or nickel.
Need to figure out the price of something besides 1g of 14k? If so use out Scrap Gold Calculator below, its totally free and displays the current gold prices.
You May Like: Kay Jewelers 19.99 Special
Determining The Value Of A Gold Chain
The price of a high-quality 14k gold chain can range from a few hundred dollars to several thousand dollars. The weight of the chain and, therefore, the amount of gold it contains is a primary factor in determining the pieces value. To determine the golds value, use a precise scale to weigh the chain in grams. Then since 14k gold is 58.3% gold, you need to multiply the weight by this percentage. For example, if you have a 14k gold chain that weighs 27 grams, you would multiply 27 by 0.583 to determine that it contains 15.741 grams of gold.
From there, multiply the weight by the current value of gold. If gold is currently worth $59.03 per gram, the value of the gold in your necklace would be about $929.19. Keep in mind, though, that this is only the value of the gold and doesnt account for other factors.
Question: How Much Does It Cost To Get A 14k Gold Ring Resized 2
How much does it cost to get a 14k gold ring resized? A simple resize costs from $20 to $60, depending on the type of metal and region of the country. For a more complex resizing, the cost ranges from $50 to $150. Regardless of the design, making a ring larger will always cost more.
Also Check: How Much Is A 400 Oz Bar Of Gold Worth
What Is The Value Of Your 14k Gold
The value of your 14K gold depends on how much buyers are willing to pay for it.
Here, we are only discussing the value of 14K gold items when sold as scrap gold. However, retail prices for new jewelry depend on more than just the amount of pure gold in it factors such as the pieces design and brand also come into play.
One way to estimate the value of a 14K gold item is to look at gold market prices. Another way is to check what gold dealers pay per ounce or gram of gold.
Ring With Particular Historical Value
Not so often, it happens that you come into possession of a valuable ring with the heritage. In that case, you need to dig deep for the documents to support the ownership of such a valuable item.
If you have a certificate of the ring origin or any proof that any celebrity wore it at least once, it will significantly increase its price. Your 14K gold ring will also be worth more than regular 22K or 24 K models if it has a famous jewelry designers signature.
Recommended Reading: War Thunder Eagles Hack
Three Reasons It Costs Way More In The Store
But wait! In the store that 20 gram chain is selling for $1,500.00 Whats up with that?1. Our calculations up to this point havent included the cost of the other metals.
2. We havent figured in the cost of labor to make the chain.
3. We havent bumped up the price to a retail level. So far, we’ve been figuring things out on a beginning level.
Can I Sell My Engagement Ring Back To Kay Jewelers
Kay Jewelers opened its first store in Reading, Pennsylvania, in 1916. The Kay Jewelers Gold Exchange is an opportunity for you to sell your used, unwanted gold and platinum jewelry through a secure program from a company you know and have trusted for years. Learn more about the Kay Jewelers Gold Exchange.
Don’t Miss: Tinder Gold Free Code
Cash For Gold Calculator
This is the original Cash for Gold Calculator.
This software was developed by the National Gold Market Corporation to educate the public, providing the most accurate market price for Gold, Silver and Platinum at 100% of the current New York Spot Price and the Asia Stock Market. The Live Price chart gives you a breakdown per gram, DWT and Troy Ounce. What is the right amount to receive for your gold? If you’re selling Gold Jewelry, a reasonable settlement would be 70% to 80% of the market value. If you’re selling Gold Coins a reasonable settlement would be 90% of the market value. If you are near The Los Angeles area, National Gold Market is located in Pasadena, California. They pay 75% to 80% for Gold Jewelry and 90% for Gold Coins. You can walk in and get your items tested for free to determine the Karat metal purity and the gram weight. The company will give you a quote based off the current Live Prices on the LA Cash for Gold website. Payments are made in CASH.VISIT THE LOCAL SITE BY CLICKING HERE: You can also send your gold using our Prepaid, insured FEDEX Package by following the simple instructions on National Gold Market.com website.VISIT THE NATIONAL SITE BY CLICKING HERE: National Gold Market
What to avoid when selling Gold?
How to sell your Gold Properly:
Shop Around For Prices
We recommend doing your research on prices before buying as well. It can be tempting to jump on something that you might think is a good sale, but shop around first to make sure that it is the best piece for you and at the right price. This will also give you a sense of the going rate for certain types of jewelry whether it is a refurbished Rolex or a brand new set of iced-out gold chains.
If you find a product that seems much, much cheaper or more expensive than the average, its safe to assume that something isnt entirely right, and you should avoid buying from that person or company.
Recommended Reading: 400 Oz Gold Price
Is 14k Gold Jewelry Worth It
14k gold is worth it. Whether you are buying gold for its monetary value or for jewelry, 14k gold holds its value well, is durable, and can last a lifetime.
It may not be as high in purity compared to higher karats but is excellent for many different uses and a great investment piece for an affordable price.
Did you find this article to be a good read? Please share this article with your friends using the social media share buttons below!
How Much Is 14k Gold Worth If You Plan To Sell It
Want to find out how much 14K gold is worth? Are you looking to sell some 14K gold? The value of your 14K gold will depend on the item that you own. An antique piece of 14K gold, like a diamond ring, is worth a lot more than just an old bracelet, a necklace, or even scrap gold. Generally, vintage gold or heavily used gold is worth only the scrap gold value because there is almost no market for old-fashioned or damaged items made of gold. Modern brands like Pandora are becoming increasingly popular among Americans. The demand for second-hand jewelry has decreased not only because of those modern brands but also because of the rising price for gold. As the gold price skyrocketed, the market for used jewelry collapsed. So the scrap gold value is what you are looking for if your 14K gold pieces are old-fashioned or broken or have obvious signs of wear. Sell broken gold or sell damaged jewelry with reDollar and get paid top dollars.
Sell 14K gold with reDollar and get paid 90% of the stock market value for your gold.
Don’t Miss: 18 K Gold Worth
The Cost Of Making Chains Vs Earrings
A popular style of gold chain will be more reasonably priced than say a pair of earring as an earring takes more time and steps to make. Also a company might make 100 pair of earrings in one year, while they make 1,000 pieces of a frequently ordered chain style.
They can make that chain style again and again for years, but the styles of earrings change regularly, and the cost of designing and testing each earring style would increase the overall cost of the earrings as well.
How Do I Know Which Type Of Gold Is Best For Me
To help you select the best type of gold for you or your partner, consider the following:
- Budget: 10k gold is your least expensive option, while 18k gold is the most expensive.
- Type of jewelry: Earrings, necklaces, or special occasion jewelry often receive less wear and tear than items like rings, watches, and bracelets, and thus are more suitable for the higher karat contents.
- Aesthetic: Think about the intensity of the gold and what you prefer. If you like a lighter, more understated look, consider 10k. If you want something with a brighter yellow look, think about 18k.
You May Like: How Many Pounds Is A Brick Of Gold
Additional Factors That Impact Cost
While the weight of the gold is one of the primary factors used when establishing the price of a piece of gold jewelry, it is not the only one. Unless you are trying to sell a piece of broken jewelry for scrap, the cost of a gold chain will never be the same as the value of the gold it contains.
Some gold chain styles are more difficult to produce than others, and these more complex designs are, of course, more expensive. A simple box chain almost always costs less than intricate styles like Cuban link and Figaro chains.
The addition of gemstones increases the prices too. An iced-out chain comes with a much heftier price than a plain one. And, of course, adding a pendant increases the cost. Custom jewelry is more expensive than off-the-shelf products, too, due to the additional skill and labor required to make it.
When shopping, dont forget to account for retail markup. Retailers need to charge to cover the cost of the materials, the labor to make the piece, employee wages and more. If a jeweler were to sell a necklace for the same cost as the value of the gold, they likely would not have any room to turn a profit. In fact, they would probably lose money on the detail. At a minimum, retailers usually charge double the value of the gold to ensure theres room for profit.
The State Of The Ring
The state of your ring or other jewelry can affect the price drastically. If the ring is broken, scratched, or a piece misses, that will significantly decrease its value.
Pawn shops will often give you a lower price for the rings that are not in presentable state as they cant sell them immediately without reparation. Rarely, a few of them will melt it to something else. Most of them will calculate the cost of repairs or cleaning and decrease the amount you asked for.
Therefore, make sure to clean and polish your ring if you are skilled or have extra time. If not, check how much the repair is and calculate if it is payable to fix your jewelry before selling it.
You May Like: How Much Is A 10k Silver Ring Worth
What Is The Karat System
Although some people use carat and karat interchangeably, there is a major difference between these two terms. Carat is used to describe the weight of a diamond, with one carat being equal to 0.2 grams. Obviously, the higher the number of carats, the larger the diamond, but that does not necessarily mean that the diamond is of better quality or clarity. These are other factors you need to keep in mind when buying or selling any type of diamond jewelry.
Karat, on the other hand, refers to the percentage of gold in a piece of gold jewelry. Because solid gold is a very malleable material that can easily become deformed, scratched, or damaged, its necessary to combine gold with other metal alloys such as nickel, copper, or silver.
The karat system lets you know how much gold is present in your piece out of 24 parts, meaning that a 24K piece of jewelry would be entirely made of gold. A piece of jewelry that is 14K gold is made of 14 parts gold and 10 parts metal alloy. Based on this information, you can figure out how much a 14K gold chain is worth. It is one of the more common types of gold jewelry, as its more affordable than the 18K or 22K but still valuable, as 50 percent of the piece is made from solid gold.
Is There A 14k Gold Melt Value Calculator
The 14K gold calculator will only show what the gold is worth , and not any collectible value of your 14K gold items. The 14 karat gold melt value calculator will figure the price of gold items with a gold purity measured as 14 parts of gold and 10 parts of another metal used to make the 14K gold alloy.
Don’t Miss: Weight Of Gold Brick
How To Calculate The Price Of A 14k Gold Chain
Its pretty easy to calculate the price of a 14K gold chain. Begin by cleaning and drying the piece of jewelry. From there, remove any ornaments it might have.
The next step is to get an accurate weighing scale. Set it at zero to prevent any miscalculations.
Then, place the gold chain on the scale to know its weight in ounces or grams. Remember that one gram is equivalent to 0.0352739619 ounces.
As with most 14K gold pieces, confirm that the chains gold content is 58.3%. Multiply this percentage with the chains weight. For instance, if the latter is 6 grams, the gold content will be 3.498.
Proceed to find out the current price of 14K gold.
Lets assume its $31.60 per gram. After that, calculate the value of the gold in the chain. To do this, multiply the chains gold content by the price of one gram of 14K gold. For example, if the price is $31.60, the value of the chains gold is $110.54.
To estimate the 14K gold chain price, mark down the pieces index price by 20-30%.
Can I Resell My 14k Gold Chain
Yes. You can resell your 14K gold chain whenever you want. Some of those who can purchase it are gold dealers, pawnshops, jewelry stores, and auctions. You can also consider online buyers.
The tips below can be handy when youre reselling your 14K gold chain:
- Know its gold content and value
- Find out the current price of 14K gold
- Ensure your buyer is registered if theyre a pawn shop or jewelry store
- Dont be impulsive or hasty
- Shop around to know how other pieces of 14K gold chains cost
Also Check: War Thunder How To Get Golden Eagles
How Much Does It Cost To Make A Gold Ring Larger
Your final bill for resizing will depend upon the ring shape, gemstone setting and hand engraving skills of the jeweler. If you purchase extra gold for the bridging method that will cost more money. Otherwise, a general 14 ct yellow gold ring resizing of one level should be anywhere between $50 to $150.
Why Isn’t Pure Gold Used To Make All Jewelry
Since gold is relatively malleable, 24k gold is rarely used for jewelry that you might wear every day, like a wedding or engagement ring, since it’s likely it would become misshapen. Adding an alloy like copper, iron, silver, zinc, or nickel makes it more affordable and much more durable and suitable for daily wear.
You May Like: War Thunder Golden Eagles Hack
What’s The Difference Between 10k 14k 18k And 24k Gold
When choosing a piece of jewelry, not only do you need to consider the quality of the diamond or gemstone but also the precious metal that makes up the setting or band. One of the most common metals used for jewelry is gold in either 10k, 14k, 18k, or 24k variants. If you’re in the market for a new piece of jewelry, it’s helpful to learn a bit about the differences between these types of gold to ensure you make the best decision for your lifestyle and budget.