GOLD KARAT STANDARDS and Weights
Courtesy Fred Beihl, Auctioneer & Appraiser (717)- 993-3163
PA License AU-003548-L/ York County Precious Metals Dealer
Payments based on current Market Full Bid Spot for Karat Gold as follows:
10K = .416 Fine
14K = .583 F.- .585 F.
16K = .666 F
18K = .750 F
21.6 K = .900 F
22 K = .916 F
24 K = .999 + F
31.103 g. = 1 Troy Ounce = 20 dwt. = (1.097 Avoirdupois not used for precious metals)
31.103 divided by 1.555 = 20 dwt, 20 x 1.555 = 31.103g
100g = 3.215 troy oz.
1000g = 32.1512 troy oz = 1 Kilo
20 dwt stands for 20 penny weights. 20 dwt = 1 troy oz = 31.103 grams = 480 grains
Do not confuse your U.S. 1 oz. Gold “Proof” coin with the Unc. Bullion gold coin. We pay more than 100% for the proof . It must have: The Original US Mint Box, Certification Papers and Capsule.
Example IF your Unc. Bullion U.S. 1 oz. Gold Eagle coin is undamaged I will pay you 100% of Spot.
If Gold spot is $1,200.00 I will pay you $1,200.00 for the 1 oz U.S. gold bullion coin!
Your coins do not need to be weighed (unless damaged) because they are a known assay and weight!