What is an Alloy in Gold?
An alloy is a mixture of two or more metals. Gold alloys are created by combining pure gold with other metals such as silver, copper, zinc, or palladium. This process enhances the durability of gold, making it suitable for everyday use in jewellery and coins.
The Role of Alloys in Determining Scrap Gold Value
The value of your scrap gold is primarily determined by its purity, which is affected by the type and quantity of other metals alloyed with the gold. The higher the percentage of pure gold (measured in carats), the more valuable the scrap gold.
Types of Gold Alloys: What You Need to Know
There are various types of gold alloys, each with a different ratio of gold to other metals. These include 9ct, 14ct, 15ct, 18ct, 21ct, 22ct, and 24ct gold. Each carat level represents a different percentage of gold purity, with 24ct gold being nearly 100% pure. For a detailed breakdown, check out our table on gold alloys.
| Carat | Fineness | Hallmark | Stamp | Composition (% Gold Purity) |
|---|---|---|---|---|
| 9ct | 375 | 375 | 37.5% gold + 62.5% parts alloy | |
| 14ct | 583 or 585 | 14K |  | 58.5% gold + 41.5% parts alloy |
| 15ct | 625 | 625 |  | 62.5% gold + 37.5% parts alloy |
| 18ct | 750 | 750 |  | 75% gold + 25% parts alloy |
| 21ct | 875 | 875 |  | 87.5% gold + 12.5% parts alloy |
| 22ct | 916 or 917 | 22K |  | 91.6% gold + 8.4% parts alloy |
| 24ct | 999 or 1000 | 24K | 99.9% gold + 0.1% parts alloy |
How Alloys Affect the Carat and Purity of Scrap Gold
The type and quantity of alloyed metals determine the carat and purity of gold. For example, 9ct gold contains 37.5% pure gold, while 24ct gold is 99.9% pure. Knowing the carat of your scrap gold can help you understand its worth and ensure you get the most value when selling.
Uncover the Rich History of Gold Alloys
Gold has been treasured for millennia, but did you know its value extends beyond its lustrous beauty? Our expert guide to the history of gold alloys delves into the fascinating journey of gold hallmarking. From the early regulations of King Henry III in the 13th century, to the modern marks of today, understanding these hallmarks offers insights into the authenticity and quality of your gold items. Explore this wealth of knowledge and become a more informed seller or collector today.
Scrapping Gold Alloys: Tips for Getting the Best Price
To get the best price for your scrap gold, it’s crucial to sell to a reputable buyer. At Lois Bullion, we offer competitive rates based on the current market price of gold. Use our online gold pricing calculator to estimate the value of your scrap gold before selling.
Ready to Turn Your Scrap Gold into Cash?
Whether it’s old jewellery, coins, or other gold items, selling your scrap gold is a great way to make some extra cash. At Lois Bullion, we make the process easy and transparent. Use our scrap calculator below to get a price for how much we will pay today. Ready to sell? Simply click “Sell to Us” to fill in the seller form and get started!
