Scrap Gold Jewelry

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WE BUY SCRAP GOLD JEWELRY

Paying Top Dollar For Your Scrap Gold!

Ca$h! On The Spot!

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We are always asked how we determine the value of scrap gold jewelry when we are purchasing it.

Well it is quite simple.

The first thing we do is determine what carat the scrap gold jewelry is. This is important because different karat jewelry contains different amounts of gold.

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8K = 33% Gold

9K = 37.5% Gold

10K = 41.7% Gold

14K = 58.3% Gold

18K = 75% Gold

22K = 91.6% Gold

24K = 99.9% Gold

If you are still not sure what percentage of gold your jewelry contains you can always divide the carat into 24 (for pure gold).

So for example if you have a 10K class ring take 10/24 = .417 or 41.7% or if you have an 22K gold bangle bracelet take 22/24 = .916 or 91.6%.

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Once we have the scrap gold jewelry separated by carat we then weigh the jewelry by carat on our Florida State Certified Class 2 Scales.

After we have the weight, we apply the current gold price to the amount of actual gold the customer has. Which determines the amount we pay for the gold jewelry.

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Lets assume the price of gold is $1200 an ounce and a customer has:

9 dwt (pennyweight; 20dwt to an ounce) of 10K   = $1200 x .417 / 20 x 9 = $225.18

12 dwt of 14K = $1200 x .583 / 20 x  12 = $419.76

5.4 dwt of 18K = $1200 x .75 / 20 x 5.4 = $243.00

For a total of $887.94

We have to divide by 20 because there are 20dwt to an ounce.

If you would like to check the price of gold online before visiting our shop we recommend using KITCO https://www.kitco.com

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What Is Scrap Gold Jewelry?

Scrap Gold is any unwanted, no longer worn, or broken, missing pieces or missing parts of a set, working or not working (watches), gold jewelry.

What Scrap Gold Jewelry Do You Buy?

We buy ALL scrap Gold! See some examples below:

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BRACELETS

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NECKLACES & CHAINS

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POCKET WATCHES

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WRIST WATCHES

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BRIDAL SETS

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WEDDING BANDS

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CLASS RINGS

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EARRINGS

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CASH

 

 

 

FOR

 

 

 

GOLD

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8K, 9K, 10K, 14K, 18K, 22K, & 999 Gold

Yellow, White, or Rose Gold, Filigree, and even Gold-Filled Costume Jewelry

Rings, Earrings, Bracelets, Necklaces, Charms, Pendants, Brooches, Sets, Cameos, Fobs, Wrist Watches & Pocket Watches

Outdated, damaged, broken, single earrings, and scrap jewelry

Antique, Estate, Fashion, Brand Name, Jewelry…i.e. Tiffany, Elizabeth Locke, Cartier, Mikimoto…

Class Rings, Engagement Rings, & Wedding Bands

All dental gold such as gold fillings, gold crowns, & bridges

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CASH

 

 

 

FOR

 

 

 

GOLD

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WE BUY SCRAP GOLD JEWELRY

Paying Top Dollar For Your Scrap Gold!

Ca$h! On The Spot!

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We are also buying – SILVER, PLATINUM, PALLADIUM, & RHODIUM Jewelry.

In addition to other Precious Metals Items. Think you have something off the wall? No worries. If it’s got a Precious Metal in it, we just may surprise you and buy it!

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