Page 1 of 1
14 k italy
Posted:
Thu Oct 24, 2019 7:53 pmby Changechecker
Bought a yellow metal necklace and bracelet at a tag sale. Marked 14K Italy. Looks genuine gold. Did a google search. Says its 58.5% gold.
Weights 25 grams.
Could someone tell me what I might get if I were to sell it? Thanks
Re: 14 k italy
Posted:
Fri Oct 25, 2019 7:20 amby 68Camaro
14kt is 14 24ths gold which is 58.33% gold. Unless you find someone who wants it as jewelry and is willing to pay a premium you might get 85% of spot. So the valuation is .85 times 25 grams divided by 31.1 grams per troy oz times .5833 times spot (which is about 1500). Which is about $598.
Re: 14 k italy
Posted:
Fri Oct 25, 2019 2:02 pmby Changechecker
Thanks for helping me 68camaro. Armed with this information I can get a better deal if I sell.