Estimate pure gold content, melt value, and the likely cash payout for jewelry, flatware, coins, and other solid gold items.
EspañolUses the same weight unit selected above. Subtract stones, watch movements, blades, handles, or other known non-metal parts.
Prefilled from the Kitco bid observed October 22, 2026 at 7:55 p.m. ET. Edit this field to use the latest market price.
Refiners, mail-in buyers, pawn shops, and jewelers use different margins.
Melt value per gram
$75.66
Melt value per pennyweight
$117.66
Melt value per troy ounce
$2,353.28
A 70%–90% comparison range for this lot is $529.62 to $680.94 after the entered fee. This is a shopping range, not a promise; buyer type, lot size, testing, and shipping can move the final offer outside it.
Weigh stones, watch movements, blades, handles, and other non-metal parts separately. A hallmark is useful, but an assay or XRF test is more reliable when the lot is valuable.
Gold-filled and gold-plated items contain far less gold than solid karat jewelry. Coins, bullion, signed jewelry, and antique flatware can be worth more than melt value, so check collectibility first.
Find a recycling center or metal buyer near youA gold scrap estimate starts with the weight of the gold alloy, excluding stones and other non-gold parts. Select its karat or tested purity, then enter the gold spot price per troy ounce. The calculator converts weight to pure-gold content before estimating melt value.
For example, 10 grams at an entered 58.5% purity contains 5.85 grams of gold. At an example spot price of $2,000 per troy ounce, its theoretical melt value is about $376.16. An entered 80% buyer payout gives about $300.93 before fees. These example inputs are not a live gold price or a promised offer.
Gold spot price and scrap payout answer different questions: spot values the pure metal, while the buyer must account for testing, refining, fees, and margin. Compare the final amount you receive after charges, and check resale value before scrapping collectible jewelry or coins.
Melt value is the pure metal content multiplied by spot price. A buyer must cover testing, refining, market risk, and profit, so the cash offer is usually a percentage of melt. The calculator keeps those two answers separate.
Do not scrap a potentially collectible coin, signed piece, antique, or intact bullion product without checking resale value. Condition, maker, rarity, and retail premiums can matter more than metal content.
The calculator converts the entered weight to grams, multiplies it by the selected purity, converts the pure-metal weight to troy ounces, and multiplies by the editable spot price. The payout estimate then applies the buyer percentage and subtracts any fee.
Reference spot input: Kitco bid observed October 22, 2026 at 7:55 p.m. ET. Precious-metal markets move continuously. Update the spot field before relying on the result.
Check the live gold spot chartMultiply the item weight by its gold purity, convert the pure-gold weight to troy ounces, and multiply by the current gold spot price. That gives theoretical melt value. Apply the buyer's payout percentage and fees to estimate the cash offer.
14K gold is normally 58.5% pure, while 24K is about 99.9% pure. At the same weight, 14K therefore has roughly 58.6% of the pure-gold content of 24K before stones, solder, and other non-gold parts are removed.
There is no universal rate. Refiners, mail-in services, jewelers, and pawn shops have different testing costs, minimum lots, fees, and margins. Compare the final cash amount from several buyers, not only the advertised percentage.
No. Karat settings describe solid gold alloys. Gold-filled and plated items have only a surface layer of gold and require different recovery assumptions, so this calculator should not be used for them.
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