Gold jewelry is one of the most common items of pride for their owners. Indeed, at all times gold has been an expensive metal due to its unique composition and the rarest properties given to it by nature itself.
What is scrap gold?
Scrap gold is any product made of precious metal that has served its time due to wear and tear or outdated, intended for its processing by remelting with further production of new gold standards. In ancient times, only kings or rich people could afford to wear gold items.
Nowadays, almost every person has some kind of jewelry made from this noble metal. Over time, fashion and style change, and gold items also undergo changes. Previously purchased jewelry becomes outdated and old-fashioned, or may simply wear out. The ideal solution would be the exchange of old products for new types, which is often practiced in specialized stores, or scrapping with the subsequent purchase of more modern ones.analogues.
Types of gold alloys
As a rule, jewelry is not made of pure gold, but of an alloy of metals. This is due to the fact that gold itself is a very soft metal, which in its pure form wears out quickly, is subject to scratches and cracks. Alloys of other metals give greater functionality to the gold composition, which provides significant wear resistance to products. The main components of such a ligature are: gold, silver, copper, platinum, nickel, palladium and others.
Depending on the impurities added to the main composition, the following types of gold metals are distinguished:
- yellow - the color is acquired by adding more silver and zinc. (decorations of this color are traditional in the West);
- white - the hue is achieved by an alloy of gold and palladium (products of this color range are very popular and are considered representative species);
- pink - color is acquired by adding copper to the composition;
- red - the color is achieved due to the addition of copper, silver and zinc (jewelry of this shade is common both in our country and in eastern countries).
Cost of scrap gold depending on the sample
An important component in assessing the value of jewelry made of gold is the sample. What is a test? This is the percentage of gold content in the alloy used in the manufacture of jewelry. Traditional hallmarks, which are used for hallmarking gold jewelry in our country,are considered:
- 375 fineness - the gold content in the alloy is about 38%. The cost of gold scrap of such a sample ranges from 700 to 900 rubles per gram.
- 500 assay - contains about 50% pure gold metal. The price range per gram is 900-1100 rubles.
- 583/585 samples - the alloy includes about 59% of the main composition. Such alloys are widely used in jewelry production, since they have high strength and hardness, and minimal oxidizability. The price ranges from 1000 to 1400 rubles. per gram.
- 750 fineness – fairly high gold content – about 76%. Such metal is used, as a rule, for filigree jewelry. The cost of a gram of scrap gold ranges from 1300 to 1800 rubles.
- 958 and 999 samples - the alloy contains the maximum amount of gold - more than 96%. In jewelry production, it is practically not used, it is used for the manufacture of ingots. The cost of scrap gold is 1850-2350 rubles. per gram.
As can be seen from the above data, the price per gram of jewelry ranges from 700 to 2350 rubles. The higher the sample of the product, the greater the percentage of gold in the composition of the alloy and the higher the cost of gold scrap.
Where do they accept scrap gold items?
One of the most common scrap collection points is a pawnshop. Pawnshop activity consists in issuing loans to individuals secured by movable property, which includes jewelry. Moreover, scrap can be accepted as security.gold products. If the borrower does not return the funds to the pawnshop within the terms established by the agreement, his pledge will be realized at the appropriate price. Even if good items are accepted as collateral, they are valued based on the value of scrap gold. The activities of pawnshops are regulated by the current legislation, so their actions are legal.
In addition to pawnshops, jewelry factories or factories can accept scrap gold, but they accept only large volumes of items.
Specialized stores can become receivers of scrap gold. The difference with a pawnshop is that outdated models of jewelry will be replaced with new samples, and in most cases with a significant surcharge for the client.
You can also exchange scrap gold for other models in a jewelry workshop. However, it is worth remembering that here, too, most likely, it will be necessary to pay the difference between the cost of scrap and a new product. In addition, the jeweler will require payment for his services for the production of a new sample.
The price of scrap gold today
The main criteria in determining the value of scrap gold items are fineness, weight, level of wear, the presence of stones and their value. Perhaps the most important assessment factor is the quotation of precious metals on the stock exchanges of the Central Bank of Russia.
What is the value of scrap gold today? As practice shows, the main products that are handed over as scrap to collection points are jewelry with a sample of 585. This is exactly whatthe brand on gold models is the most popular and widespread in our country. Therefore, as an example, consider the cost of scrap gold 585.
So, as of May 13, 2018, the discount price per gram of this metal, according to the Central Bank, is 2629.51 rubles. This figure must be multiplied by a sample factor of 585, namely 0.585. We get the value of 1538.27 rubles. But this is not yet the end. About 10% should be subtracted from this figure - these are the services of reception points for valuation, buying up and other actions related to the activities of appraisers. 1538.27 - 10%=1384.45 rubles This indicator is the final cost of scrap gold 585. However, each collection point determines the final price for itself with slight deviations from the original data in the direction of decreasing or increasing.
Conclusion
In conclusion, let's summarize all of the above. As of May 13, 2018, the actual cost of scrap gold for 1 gram of 585 fineness is 1384.45 rubles.
