Unique Gifts.....Paying Top Dollar for Scrap Gold, Silver and other precious metals
"How much pure gold is in my jewelry?"
The higher the karat weight, the more pure gold.
24K is 99.9% gold
18K is 75% gold
14K is 58.5% gold
10K is 41.7% gold
Precious metals are bought and sold in troy ounces. There are 20 pennyweight (dwt) per troy ounce. The price of gold you see on the television every evening is for one ounce of pure gold (99.9%).
So, for example, if you have a 14K gold bracelet that weighs 10 pennyweight, you would have 5.85 penny weight of pure gold.
(10 X 58.5%= 5.58)
If you don't have a pennyweight scale, you can use a gram scale. Just remember 1 g = 0.64 pennyweight (dwt)
So, if you had an item that weighed 10 grams, it would equal 6.40 pennyweight (dwt). 10 X 0.64= 6.4
Old Fashion Jewelry will pay you top dollar for your scrap gold.
Sell your gold to someone you know and trust.
Reviews, get directions and information Old Fashion Jewelry Shop.