how much is this ring worth?
i have a 14k african amethyst & diamind yellow gold ring.
its METAL weight is 3.31 grams
its total GEM weight is .961 ct.
it’s fairly new, i brought it just before christmas
how much is this ring worth ..or how am i supposed to work it out?
thanks
Not an easy one to figure out but here is my analysis;
step 1: get the price of 1 g of gold from Kitco or goldprice. It changes.
step 2: multiply it by 58.3% for 14k gold
step 3: add a premium for minting or fabrication
step 4: add a fair markup for the dealer.
So I figure the gold is worth $40 or £27
With the addition of the gem I guess you could pull it at about $50 to sell.
Hope this helps,
Dave
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