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Do you have 16k gold jewelry to sell? With a 66.7% purity (16k compared to 24k pure gold), it’s a valuable purity of gold that is frequently found in jewelry and other gold items made for everyday use. Stronger and more durable than 24k gold, it can be worn without fear of erosion or wear and tear.
16k gold can be identified by a small marking on the piece (16k) in many cases. If gold does not have a marking, its purity needs to be determined through a more scientific chemical test. At Express Gold Cash, we test all the gold that comes into our facility (regardless of the mark) to verify its purity and get you the most cash for the gold that we can. However, if you’re trying to estimate the value of your gold, checking for a mark is a fast and easy way to do it.
If your jewelry or gold is 16k, that’s good news for you. It’s rare to see anything other than bullion and coins be 24k gold, and a lot of wearable gold jewelry is either 10k or 14k, which contains less gold and is thus worth significantly less than 16k gold.
Based on a price of $2000/ounce (which was reached in early August of 2020), an ounce of 16k gold would be worth $1333.33. At Express Gold Cash, we pay up to 90% of that value for gold bullion and up to 85% of the refined value of gold jewelry.
To get started, request your free gold kit using our form on the right. We look forward to getting you the most cash for your gold!