Value As A Complete Piece Of Jewelry
The market value of jewelry pieces is higher than the sum of the values of their constituent metals and stones, as you also pay for the design and the craftsmanship involved.
However, this is mostly true of new pieces, whereas second-hand jewelry sells for much lower prices.
So, the value of your ring as a used piece of jewelry is likely to be closer to the resale price of the gold and stones in it.
Make The Right Choice
Nowadays, manufacturers give their best to make jewelry a masterpiece so that you can find wedding rings in various combinations, including engraved pieces and those with stones.
Many things have to be taken into account when purchasing a ring. First of all, you need to have preliminary information on gold and making techniques. For instance, the first thing to decide is whether you want a piece made of pure gold, gold-filled, or gold-plated.
In the past, only yellow gold was considered truly valuable, but you have more options nowadays. Many people prefer white and rose gold, and it is more popular among future couples than ever. It looks more fashionable and fits better to skin tone.
The Actual Condition In The Pawn Shop
Oh Good Lord! What a difference between your expectation and the reality you face. The situation of a pawn shop is quite different and somewhat painful than you might think about it.
Normally you do the calculation of your gold item according to the current worth of gold. But you are shocked to see that you get 30 to 505 less than what you expect from it. This is because the pawnshop always tries to degrade and lessen the actual value of your gold ring as they want the best profit from that ring.
It is the test of your good dealing and nerves when you make your mind to go to a pawn shop. You calculate and estimate the whole item. It depends on you whether you assess the price by dividing the ring into its major pieces or do it as a whole. This can prove to be a hectic task to make a plan and let it execute in your way.
This will give you a clear picture of what your piece of 14k wedding band is and what benefit you can get by it offering it to a pawn shop. The scenes at a pawn shop are different than what you plan them to be. They deal with your item in such a way that you think sometimes that what a piece of scrap you have brought here.
It is a war of your strong nerves to listen to what price they are trying to give you for your band. If you have strong nerves and can resist what they try to impose on you, you can win the battle.
The state of the ring and the karats may affect the price greatly.
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K Gold Ring Characteristics
Once you learn to calculate the approximate ring price, you should find reasons to pick out a 14K gold ring. Letâs see.
A 10K gold ring is a solid piece that will remain the same as it was on the day you bought it. Unfortunately, it contains only 41.67% of gold. The question is do you want to show your affection to your future bride by giving her a ring mostly made of copper or zinc.
On the other hand, an 18K gold ring is much softer, and you can expect it to lose the proper round shape over time. Plus, there is a bigger chance to lose a gem if the ring is made of too soft gold.
Keep in mind that the process of repairing and putting the gem back on the ring is quite complex and expensive. Even when someone agrees to repair the ring, no one can guarantee it wonât happen again.
Additionally, this ring needs to endure many pressures and contact with chemicals, depending on the brideâs lifestyle. Since most women wear their wedding bands every day and never take them off, it can be quite a problematic feature.
Since 14K gold is firm and durable, it is often an ideal option for a wedding band. It also contains a decent amount of gold to call it precious. In most cultures, this gold type is highly respected for its positive characteristics:
- It is firm, and its structure remains intact during the years
- It holds a stone firmly
- This gold type has an excellent resale value
Men’s 50mm Wedding Band In 14k Gold
4Allow ring sizing up or down two sizes.
5Costs may vary depending on specific service, size and material type.
Have a question about Men’s 5.0mm Wedding Band in 14K Gold?
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Returns & Exchanges
Guest Return and Exchange Policy
Your online purchase may be returned to any of our stores or returned by mail to our distribution center.
Returns are allowed within 30 days from the purchase date and exchanges within 60 days of the purchase date for jewelry, and within 30 days from the purchase date for watches. Jewelry must be in good condition with all original certificates and accessories. Watches must be unworn, unaltered and in original condition to be accepted for return or exchange.
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The Real Situation In The Pawn Shops
First of all, you shouldnt expect to walk in the pawn shop and get the amount of money you previously researched or determined to claim. It is more complicated than that.
Also, keep in mind that the pawn shops wont offer the same gold price when selling and buying jewelry. It is always significantly different, and you will need to fish out for the best price. To be sure you are not tricked for the real gold ring price, you can always ask to see their license to sell and buy gold.
Be aware that the pawn shop owner needs to make money out of your gold, and you will never get 100% what you have expected.
The fair price you can get is 55 to 75% of the particular rings estimated value. Keep in mind that the given prices are always for a simple ring without a gemstone.
When you want to make the final price for more complex rings, you will need to calculate all parts separately. It is quite a challenging job if you are not a professional. However, you can always ask around or check the details.
After comparing the price of 14K gold per gram that the pawn shop offers with its value on the market, you will notice a big difference. 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.
In case you are not in a hurry, you should always check several pawn shops. Compare prices, find the most favorable place, and bargain for the best possible price.
How Much Is My 14k And 18k Gold Ring And Jewelry Worth
Do you have old gold rings and jewelry? If so, you may be curious about how much they cost and what you can get from them.
Knowing the value of your jewelry can be very helpful, so you know what to expect from people who will make price offers.
For instance: how much does a 14k piece of gold jewelry cost?
Determining the exact value of gold rings can be difficult without a professional opinion. For reference, reselling a womens 14K gold ring with no jewels can vary between $34-$500. A womens 18K gold ring with no jewels can be around $50-600. Value varies depending on weight and the gold demand.
There are several factors that play into a piece of jewelrys value.
Below, well cover some aspects that will help you determine how to find the specific value of your gold jewelry.
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What Are My 14k Gold Wedding Rings Worth
Written on January 4, 2011, by Arch Enterprises
I have two 14 K white gold weddings bands. Together they weigh about 0.35 ounces on the digital postal scale. How much do you think they are worth? Thanks. From Paul in Pittsburgh, Pennsylvania.
There is usually not a significant difference in the melt value between white gold and yellow gold. The plating used over the gold to make it silver/white in color accounts for a very small portion of the rings weight.
I would recommend using our gold calculator to help determine how much your gold rings are worth.
First, visit our Gold Value Calculator. Most likely your postal scale measured in average or standard ounces, so choose that option.
Second, click on the silver/gold link that takes to the current precious metal prices. *Today gold is trading at $1,406.20 USD per troy ounce. Dont worry that you weighed your items in standard ounces, because the calculator will convert the measurement for you. Plug the price of gold in the calculator and you should be ready to click the Calculate Value button. See the calculator screen shot below.
This calculator gives you the approximate market value of your items without anyone taking any percentages.Third, visit our Payout Schedule page located here: . Since you have less than 0.5 fine ounces of gold we could pay you 70% of the fine gold content back to you.
How Much Is A 14k Gold Wedding Band Worth 2021 Update
A wedding band is the symbolic representation of the importance of the relationship that two people are going to establish. Every one of us wants to gift the wedding band as much beautiful and expensive as we can. It is just to show the love and respect of the knot we are going to tie.
It is a normal phenomenon that we choose a gold band or ring as a wedding gift. Gold jewelry is a common gift that is being presented for centuries. It was a tradition and still is considered a tradition in many countries to gift gold ornaments as a gift to the bride and groom as well. India and Pakistan are famous to present gold ornaments as an s dowry.
Gold is a very soft metal and e cant use it without mixing some other metal as an alloy to form some jewelry. Gold is found in many forms ranging from purest to minimum pure. It is scaled and calculated In karats. It is purely our choice to get the karats of our gold band. Normally marriage gold bands are made in 14k gold. This gold type suits the stones and other pearls that are fixed in it. The combination of pure gold and some alloy increases its strength to bear heavy stones.
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Selling At A Pawn Shop
For many people, selling items to a pawn shop can seem risky.
Before going in, it is a very smart move to do your research.
Find out all the same information you would as if you were selling it yourself.
Find the melt value of the gold and diamond value.
Do not let the pawn shop offer you less than the melt value.
This should be the lowest value you go.
Whats The Difference Between Gold And Platinum
Platinum is more expensive than gold but it is not necessarily better. Both materials are considered precious metals and have been standards in jewelry for over a century. In the early part of the last century, platinum was the preferred metal for wedding bands, but the US government controlled its use during the Second World War because it had military value. Today, platinum is seen less often than gold, but is an increasingly popular choice.
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Here Is Some 14k Gold Jewelry From Our Favorite Jewelry Retailers:
However, most high quality 14K gold rings and other items are still stamped for purity using a variety of different hallmarks.
Below, weve listed some of the most common 14K gold stamps, along with additional information on what each stamp means:
- 14K or 14Kt. As you might expect, these stamps stand for 14 karat. Some manufacturers stamp their gold with K, while others use Kt but both means the same thing. 14K is one of the most common stamps used to indicate that an engagement ring, wedding band or other gold jewelry is made from 14K gold.
- 14K with a certain country. Some countries have product labeling laws that require a country of origin to be stamped onto jewelry for export. Some gold products could also be stamped with a specific city, region or assay offices hallmark.
- 14K with a company logo. Like the plain 14K stamp, this simply means that the piece is made from 14K gold.
- 14K P. This stamp stands for 14 karat plumb gold. In this case, plumb has a meaning similar to complete. This stamp means that the piece contains at least 14K of pure gold per 24 parts, no less.
- 14K 585, or simply 585. This stamp refers to the amount of gold in the alloy per 1,000 units. 14K gold contains 58.3% pure gold, or 583 grams per thousand, and as such uses a 585 stamp to show its purity.
You might also see a 583 stamp used to mark some gold jewelry. Just like the 585 stamp, a 583 stamp means that a ring, watch or other piece of jewelry is made using 14K gold.
Are Gold Wedding Rings Out Of Style
Another major engagement ring trend for 2020 is yellow gold. Yellow gold was a less common choice for most of the 2010s, with more couples selecting modern platinum or romantic rose gold. However, this highly traditional precious metal came solidly back into style in 2019, among both bridal jewelry and fashion jewelry.
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Okay How Much Is The Gold In Your Ring Worth
Here, you will need to take out your calculator again, because you need to convert those grams into Troy Ounces. Why? Because Troy Ounces are the measure that is used to report current trading prices on the London Fix. But the good news is, you can find online calculators that will convert grams to Troy Ounces, and it will take only a second.
You will find, for example, that your 10 gram wedding ring weighs 0.32151 Troy Ounces. And with gold currently trading for $1,877.20 per Troy Ounce on the London Fix, you can work your calculations back from there.
If youre confused, call our precious metal consultants at 800-426-2344 and we will help you.