How to read the result
The percentage measures how much of the calculated gold content value remains in the buyer's net cash offer. It makes unlike-looking quotes easier to compare.
Offer percentage = net buyer offer ÷ estimated melt value × 100
Why gold offers vary
Professional buyers may account for purity testing, refining loss, price movement, shipping, insurance, fraud risk and operating costs. Jewelry can also contain stones, solder or internal parts that add weight without adding the same amount of gold.
Before accepting an offer
- Ask whether the quoted amount is before or after fees.
- Confirm the weight and purity used in the calculation.
- Request the return policy before mailing an item.
- Compare more than one net quote when practical.
- Seek a specialist appraisal for branded, antique or gemstone jewelry.
The calculator values metal content only. It can undervalue collectible coins, designer jewelry and pieces with valuable stones.