Determine The Weight Of The Gold
The total value of the gold is very much tied to the weight of the gold. To this end, the pawnshops will use penny weights or grams to determine the weight of the gold.
Since most pawnbrokers use penny weights, you should know that one pennyweight equals 1.55grams.
Using this calculation, you get to easily calculate the price differences between different brokers.
This also means that you should never settle on the prices offered by one broker.
White Gold Jewellery Designs
Keeping in mind the white gold price and its elite feeling one gets while wearing the jewellery, special care has been taken to add a diamond to every product listed above. The white gold jewellery design weighs from under 1gm to 30gm to suit the needs of our shoppers.The white gold price may be reasonably high however, you will find multiple designs that too are high in appeal and aesthetics. For instance, in earrings, you will find dangle, hoop, solitaires, and stud earrings. The stud white gold jewellery has some of the top-notch solitaire earrings in simple styles, fancy settings, and unique shape solitaires. Ornaments with diamonds embedded on them, makes the jewellery eye catching and the white gold price reasonable. Make sure you explore em all!
Pink Gold Vs Red Gold Vs Rose Gold
Pink gold, red gold and rose gold are nearly the same, with slight differences in composition and appearance. They all are made of 75% gold combined with copper and silver alloys. Jewelry vendors and goldsmiths may use the three gold names interchangeably, but rose gold is most common, especially for engagement rings and other fine jewelry. All three golds have a lustrous, pinkish tone, like in this rose gold hidden halo ring.
Composition Differences of Pink Gold, Red Gold, Rose Gold
|18K Pink Gold|
|22.25% copper||2.75% silver|
The varying percentage of copper and silver indicates the golds color. For instance, the higher percentage of copper found in red gold makes it a slightly stronger rose color. The copper and silver alloys also strengthen the gold. Pure gold by itself isnt strong enough to form jewelry that can be worn regularly. You can see a collection of rose gold rings here.
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White Gold What Is It
Not everybody knows it, but white gold doesnt exist naturally. Its made from yellow gold mixed with white metal alloys like palladium or silver.
Afterwards, its given a beautiful coating with a rare, silvery-white metal called rhodium. This final rhodium finish gives white gold its luminous sheen.
Ct / K Gold Price Per Gram :
9K gold contains the least amount of gold compared to other forms. It has only 37.50% pure gold and 62.50% other metals. The other metals could be silver, zinc, or platinum, etc.
375 hallmarked gold is comparatively harder, but that does not mean that it is more durable. Its harder material makes it less durable, so you need to keep that in mind before buying it.
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Winter Black Truffle Prices
The second most exppensive truffle is Tuber Melanosporum, or the Winter Black truffle . Growing only in southern Europe during the winter, winter black truffles are both rare and covetted. When buying winter black truffles, one needs to be careful not to fall for imitations. The Chinese black truffle looks very similar to Tuber Melanosporum, but is genetically different and has a different flavor/scent profile. The average retail price for winter black truffles is $327.84 per lb. They can be bought in bulk from Urbani for just $768.00 per lb. The most expensive winter black truffles came from Gourmet Food Store, selling for $768.00 per lb .
White Gold Vs Platinum
White gold has a striking visual similarity to platinum, which makes it attractive to anyone who loves the look of a cooler metal.
As usual, the most striking difference comes down to the cost. Platinum is by far more expensive than white gold, so it is typically reserved for people who want to really splurge. You can garner the same effect with white gold for a far lower price.
In terms of appearance, they are both clean, polished, and metallic, looking extremely similar at first glance. While platinum is slightly more durable, its just asresistant to corrosion as gold.
Platinum prices fluctuate just like gold prices, but theyll usually be much higher than the price of gold due to their rarity.
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Tips For Selling Your Gold At Pawn Shop
To get the best value for the white gold jewelry, regardless of what the jeweler is known for, you need to know all there is to know about selling precious jewelry at pawnshops and how to score the best deals.
Though selling off some of your beloved pieces of jewelry can be stressful and heartbreaking, sometimes you are left with zero options and you cannot see the way forward, which is why you may need some help.
You are in the right place since this article looks at everything you need to know about selling white gold jewelry in pawn shops.
So, lets get started with some of the important tips and tricks for selling gold at pawn shops.
Calculate The Value Of 14k Gold
We will use 14k gold as our example on how to calculate actual gold content and its value. The same formula works for 10k and 18k.
EXAMPLE: Your 14k yellow gold chain weights 24.2 pennyweights
Actual pure gold content value of chain. We then multiplied 14.1 pennyweights of pure gold times $67.45 per pennyweight and we get $951.05.
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What Should I Expect The Markup To Be
To have a rule of thumb on what mark-up to expect, think a minimum of double. If the cost of a chain is $500.00 expect to pay $1,000.00 or more. A machine made chain will have a cost of the gold, plus alloyed metals, plus labor to make it.
Earrings, rings, bracelets, are all more complex to create than machine made gold chains. So the mark-up will be more just for that aspect of your jewelry.
Any retail mark-up of course takes into account rents, marketing, staffing and we just won’t go there. Just know that the reason you can’t get it at the price the jeweler does is because you aren’t buying a kilo at a time from a gold manufacturer.
Are There Cheaper Options Than Solid White Gold
As youve now seen, white gold by itself can be pricey, so most jewelers will use the process of gold plating to make it more accessible. A piece that is plated consists of a base metal that is covered in a thin layer of gold alloy.
The only difference between gold plated pieces and solid gold pieces is the cost. On the surface, there is virtually no difference between the two. Itd require equipment, as well as professional experience, to discern between pure gold and gold plating.
While plated pieces may tarnish over time, high-quality base metals allow them to have a much longer life.Stainless steel is one of the most durable base metals, making it a good indicator of a quality piece of gold plating that is built to withstand wear and tear.
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What Are The Advantages Of 10k
Each of the 10k Gold colors has its own advantages.
For White Gold:
- It is commonly used for engagement rings, earrings, and other jewelry at this point in time.
- It is more affordable.
- White gold doesnt make diamonds or other white gemstones appear to have a yellow or pink color because of its color.
- White golds light and neutral appearance look particularly elegant and beautiful on people with rosy or fair skin.
For 10k Yellow Gold:
- It is the most classic.
- Yellow gold is a good choice for vintage-inspired earrings, bracelets, and other jewelry.
- 10K yellow gold is very durable
- Its the least expensive type of yellow gold on the market.
- Yellow gold looks perfect on olive or darker skin tones people.
- It can be manipulated easily.
For 10k Yellow Gold:
- Rose gold looks fantastic on pale, olive, or dark stone tones.
- 10K rose gold cant easily bend, warp or scratch.
- Its more affordable metal than white gold and yellow gold.
Lets see their disadvantages:
How Much Is A 10k Gold Ring Worth At A Pawn Shop
10K gold ringpricegold10K gold ringworthTips for Selling Gold Jewelry
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Can You Get More Money For Your 14k Gold
The above guidelines will be relevant to you if you are going to sell your 14K gold as scrap gold.
If, however, your gold pieces have antique value, unique design, or are valuable collectibles, you could try selling them at an online auction to see if you would get more money.
Another option is to offer your 14K gold jewelry to a jewelry store, which might either pay you in cash or give you store credit.
What Is Spot Gold
The spot gold price refers to the price of gold for immediate delivery. Transactions for bullion coins are almost always priced using the spot price as a basis. The spot gold market is trading very close to 24 hours a day as there is almost always a location somewhere in the world that is actively taking orders for gold transactions. New York, London, Sydney, Hong Kong, Tokyo, and Zurich are where most of the trading activity takes place. Whenever bullion dealers in any of these cities are active, we indicate this on our website with the message Spot Market is Open. For the high and low values, we are showing the lowest bid and the highest ask of the day.
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White Gold Vs Yellow Gold Karats: Are They Different
One of the most common concerns of people is whether white gold karats are comparable to yellow gold karats. The answer is Yes.
White gold is just yellow gold that is mixed with other metals.
If you look closely at how white gold is made, you will realize that it is just yellow gold that is mixed with other metals.
The yellow gold used in jewelry is made in the same way, and the difference is only in the mixture of the additional metals used.
For example, white gold has more zinc, whereas yellow gold usually contains more nickel.
Regardless of what metals are added to the gold alloy, its purity is measured in the same way.
For example, if a gold ring is 18 karats, this means that out of a maximum of 24 parts, 18 parts are pure gold and the rest is something else.
What Is White Gold
White gold is an alloy composed of pure gold and durable metals such zinc, nickel, and copper giving it strength and its whiter color. White gold rings are usually made with either 14K or 18K gold. 14 karat is 58.3% gold and 18 karat is 75% gold.
Learn more about white gold and how it differs from platinum below.
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Give Me A For Instance
So lets say a particular 14k gold chain weighs 20 grams. Remember, only 58% of the weight is pure gold. The other 42% is a conglomeration of other metals. . So: 58% of 20g = 11.6g. In other words, out of that 20 gram chain, only 11.6 grams of it are pure gold. And with gold at $1300/oz.or $41.80/gramthe gold in the chain would be worth $484.88 .
This Is The Melt Price
This value is what is known as the melt price of this particular chain. The melt price refers to the actual price that your jeweler would receive from a refiner if they chose to melt it down and just be paid for the value of the gold.
The melt price, like the gold price, changes on a daily basis, but as long as gold stays stable in price, it will pretty much remain the same for any given period of time. Keep in mind that the melt price does not take into consideration any other factors, such as labor to create the piece, any stones that may be set into the piece, or any margin for profit that will be added on at the point of sale. Well discuss these points below.
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Ive Heard That Gold Traded 24/7 Is That True Is There An Open And A Close
Gold, actually trades 23 hours a day Sunday through Friday. Most OTC markets overlap each other there is a one-hour period between 5 p.m. and 6 p.m. eastern time where no market is actively trading. However, despite this one hour close, because spot is traded on OTC markets, there are no official opening or closing prices.
For larger transactions, most precious metals traders will use a benchmark price that is taken at specific periods during the trading day.
What Is The Level Of 10k Gold Purity
The composition of 10 karat gold is 41.7 percent gold and 58.3 percent alloy. In several countries, 10K gold is the lowest purity level at which the term gold can be legally advertised and sold.
14K gold, on the other hand, is 58.3 percent pure gold, while 18K gold is 75 percent pure gold. This means that only about half of a 10K gold rings metal content is gold the remainder is made up of the alloys other metals.
People dont also use 10K gold for engagement rings or as high-end jewelry due to its low purity level. Instead, they use it for cheap jewelry including earrings, bracelets, and necklaces.
This is because the additional metals used to make 10K gold can cause allergic skin reactions in certain people.
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Platinum Vs White Gold
The two main differences between platinum and white gold are the composition and price. White gold consists more of a mixture of durable metals like nickel, zinc and copper while platinum is more pure with 95-98% platinum composition. More platinum is needed to make a ring though, causing the price to be 40-50% more.
While the key differences between these two precious metals are composition and price, they look nearly identical to the naked eye.
For example, compare these two complete rings from James Allens inspiration gallery. Can you tell the difference between this white gold setting and this platinum ring? I just tested this with 20 people and not a single person could pick out which was more expensive.
To help you learn more about the differences between platinum and white gold, weve outlined the main things you should know regarding cost, composition, color and care.
See some examples in recently purchased diamond engagement rings from our highest-rated retailers:
Is Yellow Gold Better
Although white gold is not perfect, yellow gold has its own problems. Gold is a soft metal and the higher the karat of your gold jewelry is, the more easily it will get scratched.
You can always have yellow gold polished, but polishing removes a layer of the metal along with the scratches.
In contrast, when white gold gets too many scratches, you can always polish them out and have the piece replated with rhodium, restoring the jewelrys surface layer.
Lower karat yellow gold is more durable, but if you are allergic to the nickel in gold alloys, a 10K or even a 14K piece may not work for you.
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Which Gold Is Most Suitable For Engagement Rings
Shopping for an engagement ring? Theres more to picking the perfect ring than just choosing the right diamond and setting. The type of gold used in an engagement ring can have a huge impact on its appearance, feel and durability. We recently helped two readers find rose gold engagement rings. One reader went with this bold 14K setting while the other went with this, subtler, 18K setting.
Most importantly, making the right choice can help you get the best bang for your buck overall. Take this ring for example. Depending on which metal you choose, the price difference is $400. That means you can get this diamond or if you end up with the 14K version of this ring, you can get this diamond which is a whopping 25% larger while spending the same amount of money.
Contrary to popular belief, theres no single type of gold used for all gold jewelry. The gold used for rings, bracelets, watches and other fine jewelry is rarely 100% pure gold instead, it comes in a variety of different purity levels.
The most common gold purity levels are 10K , 14K, 18K and 24K. Each level of gold purity offers its own range of advantages and disadvantages, from hardness and durability to the risk of certain levels of gold purity contributing to skin irritation.
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