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You are watching: How much is a 10 karat gold ring worth
Let’s speak you have actually a yellow wedding ring that you would prefer to sell or recycle. Let’s also say it weighs 10 grams, i beg your pardon is nice typical. So exactly how much yellow is in it, and also what is that worth?
The first question to answer is, exactly how much pure, 24K gold does that contain? (The 24K designation method pure gold.) here things get a little facility and need some calculation. But here’s what you should know:.
24K gold, as provided above, is pure, 100% gold. However no wedding rings are made of yellow this pure since 24K is really soft and also can easily be damaged
18K yellow is about 75% gold and also 25% various other metals.
14K yellow Is about 58% gold and 42% various other metals.
10K yellow is around 42% gold and 58% various other metals.
How deserve to You tell the Karat Rating of her Ring?
There should be a Karat rating stamped somewhere within the ring – it will certainly say 10K, 14K, 18K, etc.
How perform You Calculate just how Much Pure 24K gold Is in her Ring?
You usage the Karat percentages we gave just over to identify the quantity of 24K gold in your ring. Utilizing the example that we cited in the very first paragraph over – the your ring weighs 10 grams - that would median that . . .
If her ring is make of 24K yellow (which we room willing come bet will not it is in the case), it contains 10 grams the pure gold.
If your ring is make of 18K gold, it includes 7.5 grams of pure gold and also the remainder of the is comprised of various other metals.
If her ring is made of 14K gold, it consists of 5.8 grams of pure gold and the rest of it is consisted of of other metals.
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If her ring is make of 10K gold, it contains about 4.2 grams that pure gold and the rest of that is made up of other metals.
Okay, how Much Is the yellow in your Ring Worth?
Here, you will need to take the end your calculator again, because you need to transform those grams right into Troy Ounces. Why? since Troy Ounces space the measure the is used to report current trading prices on the London Fix. But the an excellent news is, friend can uncover online calculators the will convert grams to troy Ounces, and also it will certainly take just a second.
You will certainly find, because that example, that your 10 gram wedding ring weighs 0.32151 troy Ounces. And also with gold currently trading because that $1,877.20 per trojan Ounce top top the London Fix, you deserve to work your calculations back from there.
If she confused, contact our precious metal consultants at 800-426-2344 and also we will aid you.
But What around those “Other” Metals?
As we wrote above, 18K gold is about 75% gold and also 25% other metals; 14K Is about 58% gold and also 42% other metals; and 10K yellow is about 42% gold and 58% various other metals.
So, what room those “other metals,” and don’t they affect the worth of her ring? that’s a an extremely smart inquiry to ask, since they do. If, because that example, copper or zinc are component of the mix, they no very an important metals and also don’t raise the value. If meanwhile silver is part of the mix, that is a precious steel that can add an extra little bit of worth to her ring. Keep in mind too that in numerous cases, those “extra” metals have been favored to impart color to the alloy, causing pink gold, white gold, climbed gold, etc.
Confused? nothing be. Remember, we are here to offer advice and also test your precious metal items to determine their precise content and value. Offer us a contact at 800-426-2344 to discover more.
And an additional piece the advice. Protect against the believed that you’ll just “take the ring to a regional jewelry keep or gold refinery close to me and also let lock tell me what the worth.” In many cases, your local source will just test her ring using a small gold experimentation kit and will to speak something like, “I will give you $75.00 for it.” To obtain the full value the the gold the is in the ring friend own, you need to consult through an expert who will define the considerations we have written about in our article today. It is why ours consultants are right here for you.