KITCO Gold Calculator
Perhaps you have some old earrings or an old necklace in your drawer that you’ve been thinking of. Not wearing, but selling. You have moved on in many ways – emotionally, fashion-wise, and space-wise. You want to sell some of the items that you prized many years ago but over which you no longer have that emotional attachment. And you would like to regain that drawer space for something a little bit more in tune with your current needs. This is why it makes sense to sell gold jewellery that you no longer need, wear or want.
Now that you know you want to get rid of the rings Aunt Maud gave you more than twenty years ago, you’ll want to know just how much you can expect to get for the amount of gold it contains.
It’s easy to look at the day’s newspaper, see just how high the spot gold price is for the day, and then decide you’re probably going to get a smallish fortune for the sale of Aunt Maud’s family heirloom. This is rarely the case, not even if your name is Elizabeth Taylor and you’re the owner of the Krupp Diamond, among other treasures.
So it’s off to the gold calculator, which can help to calculate how much you would get for Aunt Maud’s rings. These calculators mostly exist on websites that give information on gold. They are perfect for someone who would like to sell gold jewellery.
It helps to know what type of gold you have. One of the most important things to note is the quality of the gold. Gold that exceeds 14K will get a higher spot price than gold that is only 10K. This is because 14K contains less of other materials and it contains more of the material we all love – gold. This consideration is perhaps as important, if not more so, than the item’s weight on the scales.
Weigh your gold on a postal scale and note the weight somewhere. It’s important to remember not to include the weight of any costume gems; these do not count towards the weight of the gold.
There are a number of online gold calculators that you can use to calculate how much you’d get for the gold jewellery you want to sell. These calculators are all free to use, though they should not be relied on for accuracy. The best option is to use a calculator from a company that you trust.
