If you don’t have a precise jewelry scale, the optimal tool you can use are your digital kitchen scale. Of course, it might be not ideally accurate – many only weigh in increments of 5 grams and it’s very common for kitchen scales to be wrong by several grams. However, they still are the most common way to weigh your gold in the privacy of your house.
Some websites might recommend you to use more precise scales at a Post Office. We believe this is not a very secure way and you might bear some risk. If you don’t have a kitchen scale, it would be safer to borrow one from a friend rather than weighing your gold in public.
Another thing to have in mind is gemstones. If your bracelet or ring has a gemstone, it would add up to the weight of the ring and it would be harder for you to estimate the weight of the metal. You don’t have to remove the stones before you send your jewelry to CashGoldTree, you just need to bear in mind that the gold content of your items will be lighter.
Before you weigh your jewelry, you might want to check the jeweler’s stamps. Karat stamps might be very small, and in some cases you might need a magnifying glass. Make sure none of your items is stamped GP, GF, GE or HGE. These marks mean the item has a very negligible amount of gold.
Since most US gold would be 14kt, you could weigh all your scrap gold together and average it at 14kt (or 58.3%) purity. If you have inherited your gold, purchased it in Southern Europe or South America its karat value might be higher, so you could assume it’s an average of 18kt. If you have genuine gold from India its purity might be as high as 20kt or above.
If your scale weighs in ounces, just multiply the result by 20 and you will get the weight of your jewelry in pennyweight (or DWT). You can then use the CashGoldTree calculator to calculate our payout!