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14K Scrap Gold Calculator

Calculate the melt value of your 14 karat scrap gold jewelry using live spot prices. 14K gold is 58.3% pure — a common jewelry alloy.

Calculate Your Gold's Value
⚡ Live Gold Price (per Troy Oz) Live Spot
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📖 Overview

What Is a 14K Scrap Gold Calculator?

The 14K Gold Value Calculator estimates the theoretical melt value of 14K gold from its weight, purity, and current gold price.

Calculate the melt value of your 14 karat scrap gold jewelry using live spot prices. 14K gold is 58.3% pure — a common jewelry alloy.

⚡ Live Spot Basis ⚖️ Multi-Karat 📊 Payout Modeling
Gold inspection illustration
Gold inspection illustration
🧮 Formula

14K Scrap Gold Value Formula

The calculator follows this formula so the estimate stays tied to weight, purity, and the current gold spot price:

V=W×C×0.583×P

V is estimated melt value, W is item weight, C is the unit conversion to troy ounces, and P is the gold spot price per troy ounce.

Calculations use standard weight and purity formulas with live market spot prices. See our Calculation & Editorial Methodology for complete formula steps and limitation disclosures.

14K Scrap Gold Payout Estimator

Model a buyer's net offer for your 14K gold using disclosed terms and deductions

Buyer payout percentages vary by buyer type, lot size, testing method, location, and commercial terms. The preset ranges below are illustrative modeling inputs rather than universal market rates.

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Refineries & Smelters Terms vary by lot and process Compare the final net payout after fees
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Jewelers & Dealers May pay for melt, resale, or both Ask what assumptions and deductions are included
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Pawn Shops & Kiosks Offers can vary widely Convenience may come with a wider buyback spread
Buyer Payout Ratio 85%
Applied buyer deduction: 15% (buyer margin) Example input — replace with the buyer's quoted payout percentage.
Melt Value
$0.00
Buyer Spread
−$0.00
Fees & Loss
−$0.00
Net Cash
$0.00

14K Gold Market Value Rates

Live 14K scrap gold price per gram, per pennyweight (DWT), and per troy ounce

The rates below show theoretical 14K melt values calculated from the live gold spot price. Select different karats to compare how purity changes the estimate.

Per Gram
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1 gram = 0.0322 troy oz
Per Pennyweight
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1 DWT = 1.555 grams
Per Troy Ounce
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1 troy oz = 31.1035 g

How to Calculate 14K Scrap Gold Value

Three steps — weigh your 14K gold, confirm the karat, get your melt value estimate

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Weigh Your 14K Gold
Common 14K items include rings, chains, bracelets, and earrings. Weigh the actual gold-bearing portion of the item rather than relying on typical item weights.
Remove gemstones and non-gold parts before weighing. A jeweler's scale accurate to 0.01g gives the best results.
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Confirm 14K Purity
Look for "14K", "14KT", "14KP", "585", or ".585" stamped on your jewelry. This confirms 58.3% gold content.
"14KP" means 14 karat plumb — guaranteed minimum 58.3% gold. Learn how 585 marks work and how fineness relates to 14K purity.
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Get Your 14K Gold Value
Hit calculate. The tool converts your selected weight and 14K purity into a live melt-value estimate.
Use the payout estimator to compare that theoretical melt value with real buyer offers, or review how to calculate scrap gold value manually.

14K Gold Price Per Gram

The per-gram 14K rate comes from the live spot price divided by 31.1034768 and multiplied by the 14K purity fraction. Because the spot price changes, the current per-gram melt value changes with it.

14K Gold Price Per Troy Ounce

A troy-ounce estimate for 14K gold is the live 24K spot price multiplied by the 14K purity fraction. One troy ounce equals 31.1034768 grams or 20 pennyweights (DWT).

14K Karat Fraction vs 585 Fineness

14K gold has an exact mathematical purity of 14/24, or 58.333% pure gold. European and international jewelry often stamps this alloy as 585 (58.5% gold). While 585 is the standard commercial fineness mark, it represents a slightly higher fraction than mathematical 14/24. Because 14K is a common jewelry alloy, understanding this distinction ensures accurate scrap valuation.

14K Scrap Gold Valuation Considerations

Understanding 14 karat gold for everyday jewelry and scrap pricing

This 14K scrap gold calculator uses live market data to estimate the melt value of 14 karat gold. With 58.3% pure gold (fineness 585), 14K is a common jewelry alloy and a frequent benchmark when comparing scrap offers.

14K
58.3% Gold

Why 14K Gold Is Common in Jewelry

14K gold (fineness 585) combines meaningful gold content with added alloy metals that help many pieces stand up to regular wear. That balance is one reason it appears often in rings, chains, bracelets, and other everyday jewelry.

14K Gold Scrap Market

14K is widely recognized by buyers, but payout still depends on weight, testing, fees, and the buyer's business model. Compare net offers instead of assuming the same treatment from every refinery, jeweler, or local gold buyer.

Common 14K Gold Scrap Items

Common 14K scrap items include rings, chains, bracelets, earrings, and pendants, but actual weight can vary a lot by design. Designer or branded pieces may carry resale value beyond melt, so check both resale and scrap options when relevant.

Specialized Tools

Specialized Scrap Gold Calculators

Specialized tools for every scrap gold scenario — pick the one that matches your gold item.

Frequently Asked Questions About 14K Scrap Gold

Take the live spot price per troy ounce, divide by 31.1034768, and multiply by the 14K purity fraction of 14 ÷ 24. That gives the current theoretical melt value per gram before any buyer deductions.

14K combines meaningful gold content with added alloy metals for durability, so it is widely used in rings, chains, bracelets, and other everyday jewelry.

Look for stamps reading "14K", "14KT", "14KP", "585", or ".585". The "P" in "14KP" means "plumb" — guaranteed at least 58.3% gold. European pieces use "585". If unmarked, have it tested with an acid kit, electronic tester, or XRF analyzer.

There is no universal payout rate for 14K scrap. Compare the buyer’s net cash offer with calculated melt value and ask for any assay, refining, shipping, or handling deductions in writing.

It depends on the chain’s exact weight, the amount of non-gold material attached, the live spot price, and the buyer’s deductions. Use the calculator with the actual net gold-alloy weight for the most accurate estimate.

For durability, yes — 14K is harder and more scratch-resistant. For gold content and color richness, 18K is superior (75% vs 58.3% gold). For scrap value per gram, 18K is worth more. The choice depends on wear patterns and budget.

Weigh the item, convert the weight to a fine-gold amount using the 14K purity fraction, and apply the live spot price. Remove stones or non-gold parts first if you want a cleaner melt-value estimate.