Value My Scrap: Quickly and Easily Value Your Scrap Gold Items
Value My Scrap (USD)
| Karat | Weight (g) | Lowball | Target | Market | |
|---|---|---|---|---|---|
| Total (USD): | 0.00 | 0.00 | 0.00 | ||
Scrap Gold Calculator – Instantly Estimate Your Gold’s Worth
Know What Your Gold is Really Worth Before You Sell
Whether you're selling old jewelry, broken gold, or unwanted bullion, knowing the true value of your gold is crucial. Use our Scrap Gold Calculator to get an instant estimate of your gold’s price range: from lowball offers to beat, a target price to aim for, and the market 'spot' value – so you don’t get underpaid.
How It Works
Measure Your Gold
Separate different karat purities and measure your gold
Enter It's Weight
Add the gram weight of each purity into calculator
See Market Pricing
Examine market values, lowball offers and target prices
Get a Better Deal
Armed with real market pricing, strike a better deal!
ValueMyGold.com helps you avoid bad deals and ensures you sell your scrap gold for a fair price.
What Do Different Karat Values Mean?
24K
99.5-99.99% pure
Stamped 995, 999 or 9999
Most commonly used in investment-grade bullion bars & coins
22K
91.6% pure
Stamped 916 or 22K
Typically Indian & Middle Eastern gold jewelry, some bullion coins
21K
87.5% pure
Stamped 875 or 21K
Typically Indian & Middle Eastern gold jewelry
20K
83.3% pure
Stamped 833 or 20K
Indian & Middle Eastern gold jewelry, older European jewelry
18K
75% pure
Stamped 750 or 18K
Mostly found as high-end jewelry and luxury watches.
14K
58.5% pure
Stamped 585 or 14K
Common in US & European jewelry, durable everyday gold
10K
41.7% pure
Stamped 417 or 10K
Budget-friendly jewelry, strong but lower gold content
9K
37.5% pure
Stamped 375 or 9K
UK & European hard-wearing entry-level gold jewelry
Note: Purity stamps on gold jewelry can be very small, so you may need a magnifying glass or a close-up photo to read them. By law, all gold jewelry above a certain weight (typically 1g) must carry a purity mark along with any required hallmarks. If no stamp is present, the piece may still be genuine, especially if it's older or imported. In these cases, purity can be verified using an acid test or an XRF scanner at a reputable gold dealer.
Why It's Important to Know Scrap Gold Prices
Gold buyers don’t offer the same prices across the board. Knowing the realistic market values for your scrap gold means:
- You Won’t Get Lowballed: Many buyers offer well below fair market rates.
- You Can Compare Offers: Know the difference between lowball and a fair pricing range.
- You’ll Get the Best Deal: Sell at the right time and to the right buyer.
- You Can Negotiate: Use real pricing data to push for a better offer.
Selling scrap gold without research means risking getting paid far less than its actual worth. Our calculator ensures you always have an accurate, market-driven estimate.
Understanding Gold Spot, Lowball & Target Pricing
- Spot/Market Price: The raw melt value of your gold based on the global market rate.
- Lowball Value: The lowest price a dealer or pawn shop might offer. Walk if it's less!
- Target Price: A fair and competitive offer from a reputable gold buyer.
Unlike bullion coins and bars, scrap gold is often subject to higher buy/sell spreads due to refining costs and gold purity variations. This tool helps you navigate the market with confidence.
Get an Instant Scrap Gold Estimate Now
Use the Value My Scrap calculator above to see how much your gold is really worth.
Whether selling now or tracking future value, knowledge is your best tool for getting the best deal.
