How it Works
It’s very straightforward. Generally, most items are valued based on the karat and weight of the piece. In these cases, we simply determine the karat of the gold by locating a stamp that will say 10k, 14k, 18k. 22k, etc. If there’s no stamp on the item, we do an acid/scratch test to help us determine the karat. The “karat” tells us what percentage of the piece is pure gold. The table below will illustrate these purity levels. In the case of signed jewelry, diamonds, or watches, such as Rolex, Cartier, Tiffany, David Webb, and others, the “resale” market value of the piece will be assessed.
| Karat | Parts Gold to Alloy | Percentage | Fineness |
| 10K | 10/24 | 41.67% | 417 |
| 14K | 14/24 | 58.33% | 583 |
| 18K | 18/24 | 75.00% | 750 |
| 22K | 22/24 | 91.66% | 917 |
We then weigh the gold and calculate how much it is worth at today’s current market price. Sound easy? It is. Rest assured as the whole process will be explained right in front of you in language you will understand.
We also buy diamonds, watches, gold coins – and more! Visit www.cashforgoldorangecounty.com/what-we-buy for more information.
