How to use this tool
- Measure the gold-bearing part and choose its weight unit.
- Choose the documented/tested karat or select a custom purity estimate.
- Enter a current gold price and optional buyer deductions to see theoretical value and estimated payout.
How the result works
Fine-gold content is the item weight multiplied by the assumed purity. It is converted to troy ounces and multiplied by the user-entered spot price.
Whole-item weight can overstate value when gemstones, steel springs, solder, plating, or other metals are present. Use reliable testing and an actual buyer quote before making a transaction.
Frequently asked questions
Does 18K gold contain 18 grams of gold?No. 18K indicates 18 parts out of 24 by mass in a gold alloy, approximately 75% gold, assuming the item is genuinely that fineness.
Why enter a spot price manually?Gold prices change. A user-entered price lets you use a current source instead of an outdated stored number.
Does this tool identify real gold?No. It performs arithmetic only. A stamp or description is not proof of metal composition.
Are buyer deductions fixed?No. Different buyers, assays, refining yields, and transaction sizes produce different offers. Enter a real quote when available.
Is collectible value equal to scrap value?No. Antiques may sell for more or less due to maker, design, condition, provenance, and demand. This calculator does not appraise the item.