You want to purchase a 14K gold chain but you can’t really tell the price? Nothing will save you money than having an idea of how much you’d spend on a piece of jewelry. At least, you’ll be confident spending on the right ornament. So, how much is a 14K gold chain worth?
If you’re on the hunt for affordable, elegant jewelry, consider a 14 karat gold chain. This post discusses 14K gold to help you make the best purchase decision.
A 14K gold chain makes use of a mixture of gold and other durable metals. Its price is considerably lower than that of a chain with 18 karat gold.
A 14K gold chain’s reasonable price is not the only thing that draws customers to it. Other major selling points of this jewelry include durability and availability in various colors.
What is 14K Gold?
If 14K gold’s total weight is 24 parts, 14 of them are pure gold. Ten are the other metals.
Some of the popular metals in 14K gold are zinc, nickel, and silver. Their types and proportions may vary, but the gold percentage remains the same.
14K gold comes in an array of beautiful colors, including black gold, yellow and white. The metals in the alloy determine its final shade.
When you want to identify a 14K gold chain, check if it has a stamp or hallmark. It is usually at one of its hidden areas. It could be “14K P” (14 karats plumb gold) or the gold’s percentage (583/999).
How to Calculate the price of a 14K Gold Chain
It’s pretty easy to calculate the price of a 14K gold chain. Begin by cleaning and drying the piece of jewelry. From there, remove any ornaments it might have.
The next step is to get an accurate weighing scale. Set it at zero to prevent any miscalculations.
Then, place the gold chain on the scale to know its weight in ounces or grams. Remember that one gram is equivalent to 0.0352739619 ounces.
As with most 14K gold pieces, confirm that the chain’s gold content is 58.3%. Multiply this percentage with the chain’s weight. For instance, if the latter is 6 grams, the gold content will be 3.498.
Proceed to find out the current price of 14K gold.
Let’s assume it’s $31.60 per gram. After that, calculate the value of the gold in the chain. To do this, multiply the chain’s gold content by the price of one gram of 14K gold. For example, if the price is $31.60, the value of the chain’s gold is $110.54.
To estimate the 14K gold chain price, mark down the piece’s index price by 20-30%.
Factors that Influence The Price of 14K Gold Chain
Some factors come into play when determining the price of a 14k gold chain. These include the following:
Weight of the Gold in the Chain
While pure gold is sold in ounces, karat gold is sold in grams. To calculate the price of a 14K gold chain, one must weigh the gold in the piece in grams. They must also know the current price of 14k gold.
The price rises as the weight of gold in the chain increases.
Alloy or Impurity
In gold alloys, karat is used to measure the ratio of gold to other metals. 14K gold’s purity is 58.3%. Therefore, a 14K gold chain is less expensive than a 24K gold piece since the latter’s gold purity is 100%.
Gold Melt Cost
The gold melt cost also influences the price of a 14K gold chain. If a refiner were to melt the jewelry and give you its gold value, what would you receive? This is the gold melt cost.
If it is high, the final price of a 14K gold chain will also be high.
The Form of Gold (is it bar, ingot, jewelry, etc)
The form of gold the jeweller uses to make the 14K gold chain could also affect its price.
For instance, if it was ingot gold from the Victorian era, the piece of jewelry might be costly.
The Cost of Making the Gold
Most jewelers also include making changes in the price of their 14K gold chains. In most cases, it’s between 3% and 25%. This may vary depending on the chain length and design.
Suppose a jeweler includes the cost of making a 14K gold chain in its final price. To calculate the latter, they’ll add the price of the chain’s gold to the making charges.
How Sophisticated is the Design?
The design of a 14K gold chain also matters. If it is complicated and unique, prepare to pay more for it. This is because the jeweler has to be exceptionally skilled to make it. They’ll also need more gold and time to make it.
Also, a complex 14K gold chain might be new on the market. This means that its price will be higher than that of other older 14K gold chains available at stores.
Talking about sophisticated designs, does the 14K gold chain have gemstones? If yes, it’ll cost more than a chain without them.
Different 14K gold chain sellers set different prices for their pieces. This depends on where they got the item from and how much it cost them.
One may also consider their competitor’s price when determining that of their gold chain. If others are successfully selling 14K gold chains at X, why set a lower price?
The seller’s goals also influence the price they choose for their jewelry. For instance, if they want to increase sales, selling the 14K gold chains at a price lower than X is smart.
Is the Gold an Antique?
Antique 14K gold chains are over 100 years old. These pieces are worth more because they’re rare.
Most sellers also consider the current condition of an antique 14K gold chain when deciding its worth. The better it looks, the higher the price tag will read.
In addition, the time period of the antique is essential. There’re various periods. These include Georgian (1917-1837), Victorian (1840-1890), Art Nouveau (1890-1910), and Edwardian (1901-1910).
A 14K gold chain whose time period is Georgian might cost way more than that in the Edwardian time period.
Most gold chain dealers hire experts to establish the actual age and time period of their pieces.
What is the color of 14K Gold?
You can find 14K gold in many colors. The most popular options are white gold, yellow gold, and rose gold. The metals in the alloy determine its most visible color.
The color of 14K gold is less intense than that of 18K gold. That’s why most people deem 14K gold chains more attractive.
Consider your preferences when choosing the color of your 14K gold chain. Keep in mind that the alloy composition might influence its price.
Some colors may be easier to find than others, based on their demand. For instance, most buyers prefer white gold to yellow gold. So, sellers tend to supply it more.
What is the purity of 14K Gold?
14K gold comes with 58.3% pure gold. The rest comprises metals like zinc, silver, or copper. This alloy makes jewelry because it is more robust than pure gold and wearable daily.
Is 14-karat gold durable?
Yes, 14K gold is durable. It is a blend of long-lasting metals that make it rust-resistant and stronger.
For instance, when you alloy 14K gold with silver, it becomes harder since the silver atom is larger than gold’s. This also makes it difficult to break or scratch 14K pieces of jewelry.
You can wear a quality 14K gold chain for months, even when you’re showering or swimming. Take care of it, though. Polish it with a soft cloth regularly, and store it in a clean, dry place.
Is 14K Gold Healthy?
Yes. 14K gold doesn’t cause any health complications. Since it is hypoallergenic or non-allergic, you can still wear it if your skin is sensitive.
14K gold is a positively charged metal that facilitates optimum oxygen distribution in your body. This improves some of your biological functions, including the regulation of body temperature.
14K gold is also healthy because it acts as an effective anti-inflammatory agent. If you have a painful swelling around your neck area, a 14k gold might soothe it.
In addition, 14K gold is known to boost one’s immunity and minimize anxiety.
Can I resell my 14K gold chain?
Yes. You can resell your 14K gold chain whenever you want. Some of those who can purchase it are gold dealers, pawnshops, jewelry stores, and auctions. You can also consider online buyers.
The tips below can be handy when you’re reselling your 14K gold chain:
- Know its gold content and value
- Find out the current price of 14K gold
- Ensure your buyer is registered if they’re a pawn shop or jewelry store
- Don’t be impulsive or hasty
- Shop around to know how other pieces of 14K gold chains cost
Conclusion: Should I Buy a 14K Gold Chain?
If you’re looking for a lasting piece of jewelry to complement your style, purchase a 14K gold chain. It is durable, and you’ll have a variety of colors to choose from. Besides, there are plenty of unique designs on the market today.
Any queries regarding how much to buy a 14K gold chain? Let’ know!