Firstly, you should buy at premium jewelry shop as quality assurance is important to buy gold jewelry. This method of valuation is same with selling as jewelry piece. But how much should you spend on a real gold chain? Check current market price of gold. The higher the karat, the more pure the gold. For instance, if it was ingot gold from the Victorian era, the piece of jewelry might be costly. Sell broken gold or sell damaged jewelry with reDollar and get paid top dollars. That said, if you are selling the chain to an artist, for example, who makes things out of the 14k gold or even a collector, you will definitely be offered more than what youd get if you trade the chain at a recycling company or the pawnshop. 14K gold chain necklace (Available on Amazon). Sure. If it is complicated and unique, prepare to pay more for it. In addition, 14K gold is known to boost ones immunity and minimize anxiety. amzn_assoc_region = "US"; This is because the jeweler has to be exceptionally skilled to make it. If you have a painful swelling around your neck area, a 14k gold might soothe it. Price per pennyweight 14K gold: $51.63 A solid 10K gold chain at these same dimensions would weigh more than 42.7g, so it would also be worth more. What Are The Different Styles Of Gold Chains? The metals in the alloy determine its most visible color. How Much Does a 9 Carat Diamond Ring Cost? The carat weight is the weight of the diamonds/gemstones. Karat is measurement of ratio of your gold to other metal. The number amount of karats you have is 14 karat while the purest gold is 24, so divide the 14 Karats by 24. Any queries regarding how much to buy a 14K gold chain? Antique 14K gold chains are over 100 years old. This is to say that a 16-inch 14k gold diamond-cut rope chain is worth a few bucks less than a 20inch 14k gold diamond-cut rope chain as long as both chains are of the same width. It will not be worth its exact theoretical value and certainly not the buying price. We highly recommend not selling for less than the prices stated in this table. Condition of gold chain will affect gold price. reDollar price per pennyweight 14K gold:$46.51 Set it at zero to prevent any miscalculations. In addition, adding diamonds and gems takes more time and skill as well. The better it looks, the higher the price tag will read. So the first thing you have to do is to ascertain the actual ratio of gold in the necklace, and its relation to the other metal/s that may have been used to alloy it. At the end of the day, the market is run by the principle of a willing buyer and willing seller, and when selling the gold chain, there is no kind of external authority that is there to regulate what the best price of the chain is. 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As mentioned, if your gold jewelry is with gemstone, the weight of gemstone is minus from the whole jewelry piece, the price calculation of gemstone is separated . Determining the value of jewelry doesnt need to be confusing, though this can vary depending on the market and who is buying in the first place. He explained the customization process so that I knew exactly what to expect. Sell on Its Valuable Materials at Pawn Shop, for its Gold Content and Gemstones Value, Subjective Factors Affecting Value of Gold, Objective Factors Affecting Value of Gold, Example of Steps for Checking Value of Gold Jewelry : Gold Chain without Gemstones, 27 Crystals for Strength: Amplify Your Inner Power, Chalcedony Meaning and Healing Properties, Black Agate Meaning and Healing Properties: Benefits and Uses, Which Hand To Wear Crystal Bracelet More Properly? Skip to know the factors. The same goes for people who are interested in knowing the value of a gold necklace 24k, gold necklace 18k, and pieces like a gold necklace with a pendant. If you want to weight your jewelry, remember to set as zero before you weight. These include the following: While pure gold is sold in ounces, karat gold is sold in grams. Its brand and design will not affect the value. Like gold, the price of diamonds varies, and its grade (color, cut, clarity, carat) can affect its price significantly. 1 gram is equivalent to 0.03215 in troy ounces. As an Amazon Associate, we may earn commissions from qualifying purchases from Amazon.com. For instance, if they want to increase sales, selling the 14K gold chains at a price lower than X is smart. Different karat of gold refers to different gold content of the jewelry. If you know that you own 14K gold for sure, you just need the scale to determine the weight. The carat weight of the diamonds consists of two weight measurements: the total carat weight and the individual carat weight of the individual diamonds. There are many gold chain styles that contain real gold and real diamonds that cost a fraction of the price. Well, there is a price difference between the stock price and the price you can get paid. So, in the case of a 14k gold chain necklace weighing 15grams, its value will be the percentage purity of gold, which is 58.5% multiplied by the grams and the value of gold at the time. There are three main colors of goldrose gold, yellow gold, and white gold. Selling price: $1530.41, Metal: Gold The reason for this is that the pawnshop brokers are in business, and eventually, they have to make a good profit margin from their trades. After gathering this information, we can calculate the roughly gold value with the formula as following: To get the actual price of your gold jewelry (after determining its gold content), you can take note of the commodity index price and mark it down by 20 to 30%. So, if you are planning to buy a gold chain and want its approximate amount before purchase, determine the theoretical value of the chain then double it. On the other hand, you will notice that if your gold jewelry made in Japan, it will be more durable. For more information on choosing a type of gold or other metal for your chain necklace, check out our types of metal buying guide. *** was extremely helpful with helping me to get exactly what I wanted. This is the individual carat weight. When you want to identify a 14K gold chain, check if it has a stamp or hallmark. It is recommended to sell your gold jewelry back to jeweler you buy from, the value should be relative higher comparing with selling to other jeweler. To know about gold purity, you should know what is karat first. COPYRIGHT 2014 2022, reDollar LLC | ALL RIGHTS RESERVED | PRIVACY POLICY | TERMS OF USE. How much is a 14k gold chain necklace worth? The price of the gold will depend on current market prices, which are not determined by the jewelers or pawnshops, but by the larger gold market in your country of residence. These pieces are worth more because theyre rare. There are certain gemstones that are the most expensive gems in the world due to their rarity. How much is a 14k Italy gold chain worth? Purity: 14K If it is high, the final price of a 14K gold chain will also be high. But be careful most gold dealers, pawn shops, and jewelers offer little money for your unwanted scrap gold. The price should be higher if the weight of gold chain is heavier. One may also consider their competitors price when determining that of their gold chain. How much does a gold necklace cost, and what is the real gold chain price range for different styles? If you compare this to a 10K solid gold chain without diamonds, So, the same so the same 14K solid gold Miami Cuban Link Chain weighing 400g will cost the same if its. Purity: 14K yellow gold Gold Chain Buying Guide: 10 Things to Consider. Therere various periods. JavaScript seems to be disabled in your browser. Purity of gold is higher, the price is higher. Besides, there are plenty of unique designs on the market today. Related articles: How much is a gram of 14K gold worth? He is a truly metal expert and he will share some information you are looking for. But it will indirectly affect the value because of the weight, which is one of essential factor of valuing a gold chain. The current stock price for pure gold (.999 gold) per ounce is $1769.01. A thicker 2mm 14k gold rope chain will be worth more than a 1mm 14k gold rope chain of the same length because the extra thickness increases the chains weight, and subsequently, the value of the chain. You can choose to keep the gemstones after scrap for future use. When you decide to sell the gold jewelry, the value of gold jewelry from premium jewelry shop will be higher than unknown jewelry shop. It is not only related to exact weight and gold content, but also related to its brand, origin, condition and craftsmanship, etc. Loupe to check the stamp marked and cleanliness of gold, Gold price check Check the daily gold price. This website uses cookies and third party services to ensure you get the best experience on our website. There are three ways to sell your jewelry. But obviously, gold content and weight are essential factors to affect the value of gold. If your jewelry has precious stones and other ornamentations set onto them, those would have to be temporarily removed. Are you looking to sell some 14K gold? Though you may have a heavy and seemingly invaluable piece of treasure in your hands, jewelers appraisals will depend on many factors. 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I mean it was a good communication and I was in the store for a while so I enjoyed the visit.I had fun even being in the store and I just can't wait to visit again.Thank You.ItsHot. The method of valuation consists of both subjective factors (designs, brands, origins, conditions, craftsmanship) and objective factors(weight, gold price, gold content, gemstones value), and append your valuation on it. 14K gold doesnt cause any health complications. Its important to know what factors influence the cost of a gold chain, so you dont pay too much for one. The 14k gold chains are highly valued, and you will pay a substantial sum for a valuable piece. amzn_assoc_title = "Shop Related Products"; The tips below can be handy when youre reselling your 14K gold chain: If youre looking for a lasting piece of jewelry to complement your style, purchase a 14K gold chain. First, the gold chain would have to be verified to be actual Italian gold. From there, remove any ornaments it might have. So, sellers tend to supply it more. 14k Italian gold is valued at $34.998 per gram. Keep in mind that we are using the same valuation as gold from elsewhere because gold has a standard going rate worldwide, regardless of the place you buy it from. The demand for second-hand jewelry has decreased not only because of those modern brands but also because of the rising price for gold. The form of gold the jeweller uses to make the 14K gold chain could also affect its price. The reason for this is that despite knowing that the 14k gold piece is worth something, the value of the chain in the real world will always vary. Here, you can compare two similar gold chains. Another factor that determines the gold necklace cost is the carat weight of the diamonds. Also, keep in mind the weight is common to use sensitive weight with 2 decimal place. The price of gold chain will depend on how pure the actual gold content in the necklace is (its karats). 26 Diamond Earring Sizes: Which Is the Best for You? Furthermore, if you look at these three necklaces, youll notice the ruby gold chain is by Luxurman. Shipping is fast and both pieces look so much better on reality. The 14k chains range in price from about $500 to $700, depending on the weight of the chain and the market value of a gram of gold at the time the chain is valued. This means that there is no standard price for the 14k gold chain, and because the gold chains do not come in a fixed shape, size or weight, there is really no good way to establish their exact value until these factors are taken into consideration. For instance, most buyers prefer white gold to yellow gold. Gold chain made in Italy is famous while gold chain from Japan is known as more durable. You can always check the Todays GOLD Price and its Trend on goldprice.org or kitco.com. Hypoallergenic gold is a non-allergic metal that good for sensitive skin. They will be cheaper than the same chain thats hand-made. This isnt always the case, since there are many other factors in determining how much a gold chain is worth, but nevertheless, there should be some kind of representation of the gold chains weight in its total cost. If others are successfully selling 14K gold chains at X, why set a lower price? You will get 0.583, so the gold purity is 58.3%, means that your gold chain contains 58.3% gold content. Purity: 14K The rest is the metal used to strengthen the gold because pure gold is too malleable and would make awful jewelry because they can get bent and damaged easily. Keep in mind that the alloy composition might influence its price. Either way, its important to keep in mind that there is a huge difference between the selling price and the buying price. reDollar price per kilogram 14K gold:$30007.96. 14K gold comes in an array of beautiful colors, including black gold, yellow and white. 14K 18K 24K gold necklace and jewelry worth value depends todays international pure gold price, its gram weight, gold content and craftsmanship with a simple formula. Most jewelers also include making changes in the price of their 14K gold chains. Well, knowing the theoretical value is important because it means you will not be duped or get an inaccurate valuation. That said, the sapphire necklace is on a better sale than the emerald necklace, so its a particularly good deal. How does the gold color affect the cost of a gold chain necklace? Other major selling points of this jewelry include durability and availability in various colors. How much is a 14k gold chain worth per gram? Quick Suggestion. Want to find out how much 14K gold is worth? Its a more complex chain link-style necklace. The method requires a bit of computing. Not all gemstones are equally rare and valuable. This watch is stunning and everyone is envious, Well I was very happy to visit the New York City store for the first time and customer service was excellent .Mark was amazing with helping me with my selection he made sure that everything fitted properly. Therefore, knowledge of the actual value of the gold chain will give you an edge and even bargaining power. Selling price: $1800.48, 14-karat emerald and diamond white gold ring, Metal: Gold Therefore, take care of your gold jewelry after purchases is essential to retain its value. The gold chains roots in hip-hop go hand-in-hand with its role as a status symbol, a representation of success, personal and social identity, and cultural homage. If you want to sell it, gold buyers and jeweler will check it in professional ways, no worry if your jewelry dont have the mark. amzn_assoc_default_search_phrase = "14k gold jewelry"; The price value will be higher if the weight of gold jewelry is higher. Secondly, you should know what factors will affect the value of gold. How much is gold worth per gram at a pawn shop? Gold and other precious metals are traded at the stock exchange. Excellent customer service. Both subjective factors and objective factors are considered, but sell it to jewerler. The only caveat is that if you want to sell the chain, later on, you may not even get half of what you paid for. Essentially, the gold bullion bars will have a published price, but even so, the price of the gold will vary through the day, and the value of the bar, or in this case, the chain, will be determined by the spot price of gold at the time of the transaction. If you have a 14k gold chain and youd like to know what its worth, and if youd get good money from it if you choose to sell it, or perhaps you just want to know its worth for home insurance purposes, or anything else, read this article. The price reduction follows the popularity/time it took to sell, rather than the gemstones. Besides 14k gold, there are different kind of gold in the market, e.g. Purity: 14K How Many Crystal Bracelets Can You Wear?-Check Our Tips, Why Does Silver Turn Black on My Skin? I have ordered several items from ItsHot.com and have yet to be disappointed with the product or customer service. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 27 Homemade Gold Jewelry Ideas You Can DIY Easily. Price per gram 14K gold: $33.31 You are possible to sell it at a high value, but may need some time because you need to wait for a buyer, who agree with your valuation of the gold jewelry piece. This post discusses 14K gold to help you make the best purchase decision. But unlike other buyers, reDollar offers you top prices for your gold. If 14K golds total weight is 24 parts, 14 of them are pure gold. As youve already learned, 14K gold is a gold alloy containing 58.5% pure gold. Its often used for jewelry, accessories, and other items made of gold. 1 troy ounce is equivalent to 20 pennyweights (DWT). The design of a 14K gold chain also matters. New jewelry should be in a good condition. When you decide to buy gold jewelry, keep in mind to check the condition before make the payment to ensure no defect attached with the jewelry. What Is the Strongest Necklace Chain Type? If a refiner were to melt the jewelry and give you its gold value, what would you receive? But, even just a small ring made of 14K gold has a significant material value. Retainable value because of limited supply, the value of gold can be retained. To estimate the 14K gold chain price, mark down the pieces index price by 20-30%. As mentioned above, the higher the karat, the purer the gold. For instance, when you alloy 14K gold with silver, it becomes harder since the silver atom is larger than golds. Copyright 2013-2021 | Beadnova All Rights Reserved. The gold melt cost also influences the price of a 14K gold chain. In gold alloys, karat is used to measure the ratio of gold to other metals. If you are selling a 14-carat gold necklace for example for scrap gold, its value will be largely determined by its actual gold content, which is what buyers of scrap gold are after in the first place. There are also black gold chain necklaces that have been coated in rhodium, a strong metal. Some of those who can purchase it are gold dealers, pawnshops, jewelry stores, and auctions. Save my name, email, and website in this browser for the next time I comment. This will tack on a slight increase in price due to the value of rhodium. Gold is valued per gram, and in the market today, the value of 14k gold is $34.998 per gram. Besides 18K gold, 14K is the most commonly used alloy in the US. Why? The weight of gemstone will not calculated into golds weight. Whether youre shopping for gold chain necklaces for men or gold chains for women, the factors that go into price are pretty complex. Here are the different elements that help you figure out how much a gold necklace costs. Rubies are the rarest of these colored gemstones, followed by sapphire and emerald. Read gold purity conversion chart. To figure out the cost of gold for its weight, youll want to look online at the current price of gold (or other metal, such as platinum price) to calculate the cost of the raw gold material. You cant expect to be paid the stock price if you sell to a dealer. Take note however that the current gold index does not reflect literally how much you are going to get for scrap gold because businesses who do buy gold will mark it down, so they can make a profit (which is the entire point of the practice, if you think about it). Sorry, only registered users can add to wishlist. amzn_assoc_linkid = "aff9632f5affad681e48992525a8abb2"; What Factors Affect Value of Your Gold Jewelry? At least, youll be confident spending on the right ornament. They must also know the current price of 14k gold. A 14K gold chains reasonable price is not the only thing that draws customers to it. Metal: Gold amzn_assoc_default_category = "All"; How to Tell If a Diamond Ring Is Real or Fake. You can also consider online buyers. So the scrap gold value is what you are looking for if your 14K gold pieces are old-fashioned or broken or have obvious signs of wear. Therefore, your chains contents weights that 4.66 grams of gold, which is calculated by 858.3%= 4.664, it is common to use sensitive weight with 2 decimal place, but it depends. What Is the Difference Between an Engagement Ring and Wedding Ring? Some colors may be easier to find than others, based on their demand. Different styles of gold chains (for men and women) take more skill and time to make, so they will cost more. I will definitely purchase again . From this angle, you can sell it find the next owner of the jewelry piece on market place. Undamaged jewelry is the minimum. A 14K gold chain whose time period is Georgian might cost way more than that in the Edwardian time period. Find out on your own how much your items are worth before you shop around. Yes. 14K, 18K and 24K are common gold content of gold jewelry market. The higher purity of precious metals is highly prized. It is very uncommon for coins or ingots to be made of 14K gold, with the exception of ingot pendants or coin pendants used for jewelry. Assume the current gold price is USD 61 per gram. Diamonds and other gemstones add to the value of a gold chain, but calculating the individual prices of the diamonds can be complicated. We offer wholesale prices on our clearance jewelry, so all that remains is the additional cost of the experts craftsmanship and innovative design.