Valuing Gold Filled Jewelry

[Verbane]

Some quick info to value Gold Filled jewelry, watch cases and eye glass frames.

Gold filled markings look like this:
1/10 10K GF (1/10 is 10% gold by total weight)
1/20 12K GF (1/20 is 5% gold by total weight)
1/10 12K GF
1/20 14K GF
1/10 14K GF

Time for some math
You have a 5 gram total weight 1/20 12K GF pendant:
5g (pedant) x 5% (1/20th of total weight) = 0.25g x .500 fine (12K gold) = 0.125 grams AGW

You have a 24 gram total weight 1/10 14K GF watch case:
24g (watch case) x 10% (1/10th of total weight) = 2.4g x .583 fine (14K gold) = 1.399 grams AGW

Avoid HGE, HGP or RGP markings.

[Saabman]

Thanks Verbane!!

[TXSTARFIRE]

Should the second example be (1/20 is 50% gold by weight) instead of (1/20 is 5% gold by weight)?
Your math example seems to indicate this.

tt

[Verbane]

Should the second example be (1/20 is 50% gold by weight) instead of (1/20 is 5% gold by weight)?
Your math example seems to indicate this.

tt

It would be 1/20th of total weight, or 5%. I clarified some wording and added a second example. Let me know if that helps

[Verbane]

I am told recovery is difficult, and most refiners will not take gold filled. I have one shop locally that will buy from me at about 50% of AGW melt. I don't seek the stuff out purposefully, but it does show up in my local transactions. I only offer about 25-30% AGW melt for gold filled.

[frugi]

yes. recovery is very hard. for awhile i was buying it on here, as some of you remember. I had a refinery that was buying it straight from me by the ounce, and not immediately melting it. They bought from me for a long time until one day they decided to melt what they had. I was not the only person selling gold filled to them, so I cannot say what exactly happened, but in the end they got really low percentages and now they dont buy it from me anymore for enough to make it worthwhile for me to seek out. I do still save it though when I come across it.