Gold guide

Understand the basics before you sell.

A little context can make an in-person evaluation easier to follow.

What is gold karat?

Karat describes the proportion of pure gold in an alloy. Higher-karat gold has a higher percentage of gold, while jewelry is often mixed with other metals for strength and color.

  • 24K: approximately 99.9% pure gold
  • 22K: approximately 91.7% gold
  • 18K: 75% gold
  • 14K: approximately 58.3% gold
  • 10K: approximately 41.7% gold

Purity, weight, and market value

A simple educational estimate for pure gold content is:

Pure gold content = item weight × gold purity percentage

An offer may differ from an estimated metal value because of testing, refining and processing costs, market conditions, and business margins. Gold prices fluctuate, so avoid relying on a static number online.

Details that can matter

Plated and filled jewelry

Gold-plated items have a thin layer of gold over another material. Gold-filled jewelry has a thicker bonded layer. Neither is the same as solid gold, and testing helps determine what an item contains.

Hallmarks and ounces

Common marks such as 10K, 14K, 18K, or 750 can offer clues, but marks are not a substitute for evaluation. Precious metals are commonly measured in troy ounces, which are different from ordinary household ounces.

Collector value

Some coins have value beyond their metal content because of rarity, condition, history, or demand. That is one reason an in-person look matters.

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