How Much Is A 14k Gold Ring Worth At A Pawn Shop

1 200 31 3 x 575 x 5 110 22 now remember that s the market price of your gold s melt value but pawnshops offer less in order to resell the item to make a profit.

How much is a 14k gold ring worth at a pawn shop. That means that one ounce of 14k gold is worth 1080 37. If you have 10k gold jewelry you can sell it for 16 35 per gram and 14k gold jewelry can be sold for 423 50 per gram. So whether you are bringing a silver watch bracelet ring earrings or necklace into a pawn shop you will be better educated on the value of your jewelry.

Luckily for you the pawn shops don t have fixed prices and you can always bargain and bid. How much is a diamond gold ring worth. Similar to our post on gold our post how much pawn shops pay for silver delves into the value of silver and helps you determine how much cash your silver jewelry might get you at a pawn shop.

Even though one gram of 14k gold is 36 on the market the pawn shop will provide you with only 13 per gram for the ring with the same number of karats. This price is not exact because pawn shop jewelry prices vary widely which is why you need to find the best place to pawn jewelry at a reasonable price. Also vintage gold rings or class rings are marked as 10k.

It s a common practice to rip people off by paying only a fraction of what their gold is worth. Therefore 14k is worth 58 5 of the price of 100 pure gold. But even just a small ring made of 14k gold has a significant material value.

Expect to get paid only between 40 and 60 of the real value. The current stock price for pure gold 999 gold per ounce is 1844 93. A diamond gold ring can be very valuable.

You can use a gold calculator to calculate your gold ring s value if you could find out the weight and the karat. If gold is trading for 1 200 ounce you have a 14 karat chain and it weighs three grams your equation would look like this. We investigated the pawn shop industry and unfortunately pawn shops usually don t pay much money for gold.