Gold Scrap Value Calculator
Based on real‑time purity rules (USA, UK, EU, Asia) and current market prices. Adjust weight, karat, premium, even the year of your scrap item. All factors are inputs — nothing is hidden.
- ⚖️ Weight in grams or troy ounces (instant conversion)
- 🔢 Karat: 24k, 22k, 18k, 14k, 10k (supports world hallmarking)
- 💱 Currency symbol: USD / EUR / GBP / JPY (for reference)
- 📅 Custom year (2024, 2025 … helps with collector scrap)
- 📊 Dynamic bar chart: compare value across purities
Enter your gold scrap details
estimated scrap value
$ 2,550.00
Value comparison · 24k down to 10k (same weight)
How to read: bars show what your current weight would be worth if it were 24k, 22k, 18k, 14k, 10k (after fee). Your actual karat is highlighted.
Gold purity & market reference (USA + world)
📋 Karat purity table — international standards
| Karat | Purity (%) | Fineness (parts per 1000) | Common use |
|---|---|---|---|
| 24K | 99.9% | 999 | bullion, investment |
| 22K | 91.67% | 916 | jewelry (Asia, Middle East) |
| 18K | 75.0% | 750 | high‑end Europe / USA |
| 14K | 58.33% | 583/585 | standard USA jewelry |
| 10K | 41.67% | 416/417 | minimum karat in US |
📊 Sample scrap values (1 oz, $2000/oz, 2% fee)
| Karat | Fine gold content (oz) | Gross value | After 2% dealer fee |
|---|---|---|---|
| 24K | 1.000 | $2000 | $1960 |
| 22K | 0.9167 | $1833 | $1796 |
| 18K | 0.7500 | $1500 | $1470 |
| 14K | 0.5833 | $1167 | $1143 |
| 10K | 0.4167 | $833 | $816 |
🏷️ Typical dealer fees (USA / worldwide)
| Dealer type | Typical spread / fee | extra notes |
|---|---|---|
| Local pawn / coin shop | 3% – 8% | negotiable |
| Refiners (direct) | 0.5% – 2% | large quantities |
| Online gold buyers | 2% – 5% | + shipping |
| Jewelry store trade‑in | 5% – 15% | store credit may reduce fee |
*All values respect world health? not applicable – but purity standards are globally accepted (ISO 9202).
Frequently asked: gold scrap value calculator
❓ How accurate is this gold scrap calculator?
It follows international math: weight × (karat/24) × gold price per oz, minus dealer fee. The result mirrors what most USA/European refineries use. We update no live price – you enter the current spot.
❓ What does “model year” mean for scrap?
Some scrap (like old coins, vintage jewelry) can have collector value above melt. You can type a year (e.g., 1932) as reminder; the calculator still uses melt value but you keep the year field for reference.
❓ Do you include sterling silver or other metals?
No, this tool is only for gold scrap. If you have filled or plated items, the purity would be much lower; always test karat accurately.
❓ Why does the chart show all karats?
To give perspective: if you had the same weight in a different purity, the value changes. It helps when deciding to refine or sell to different buyers.
❓ Which countries use these standards?
USA, Canada, UK, EU, Australia, India, Japan: all follow the karat system. Some use fineness (585, 750) but our table covers both.
Use the Silver Scrap Price Calculator to estimate silver scrap value, or explore the full Scrap Calculator category for other scrap pricing tools.