Use completed sales
Asking prices show what sellers want. Completed sales are a better starting point for realistic estimates.
Get a metal-content baseline for an inherited or estate-sale item before researching its maker, age, gemstones, craftsmanship, or collectible premium.
This is an estimate for research and planning, not a formal appraisal, tax calculation, or guarantee of a sale price.
Estimate the raw gold value of jewelry, watches, coins, and scrap from weight, karat purity, and the current gold spot price. Start with realistic completed-sale prices and include costs that are easy to overlook. For antiques, condition, authenticity, provenance, maker, rarity, and local demand can matter more than a simple formula.
Asking prices show what sellers want. Completed sales are a better starting point for realistic estimates.
Shipping, packaging, restoration, platform fees, transport, storage, and your time can change the outcome.
Use this result as a first pass, then verify marks, condition, comparable items, and current marketplace rules.
The calculation uses weight, karat purity, and gold spot price. It estimates the value of the pure gold content, not the price a dealer will necessarily offer.
Karat indicates the share of pure gold. 14K is about 58.5% gold and 18K is about 75% gold. Marks and testing can help confirm purity.
No. Gemstones, design, maker, condition, provenance, and rarity may add value beyond the metal-content estimate.