What is Scrap Gold worth?
Scrap gold is valued by its actual gold content. Check the karat stamp, enter the weight, and see today’s melt value, then find out if your piece is worth more than melt.
Gold melt calculator
Estimated melt value
$804.70
at $4,293.12/oz gold · updated Jun 15, 2026
Melt value is the worth of the gold content alone. A finished piece with stones, a maker's mark, or good condition is often worth more.
Get my free appraisalIn short
Scrap gold is valued by its actual gold content, not its appearance. A refiner weighs each piece, tests its purity, and pays for the pure gold it contains. Check the karat stamp to estimate value by weight, or get a free jewelry appraisal from a photo in under 60 seconds.
Reviewed by the SnapAppraise team · Informed by 41,000+ jewelry appraisals · Gold price updated Jun 15, 2026
Other gold karats
Melt is the floor
Your Scrap Gold piece is probably worth more than melt
Melt is what a refiner pays for the metal. Stones, a maker's mark, and condition push the resale value higher. A photo-based estimate shows that full value.
Common questions
Scrap Gold questions
How do I calculate what my gold is worth?⌄
Multiply the weight in grams by the purity for its karat (for example 0.583 for 14K) and by the current gold price per gram. This gives the melt value, which is the value of the pure gold content.
Does karat change how much my gold is worth?⌄
Yes. Karat measures purity, so a higher karat means more pure gold by weight and a higher melt value. 24K is 99.9% pure, while 14K is 58.3% pure.
Is melt value the same as what my jewelry is worth?⌄
Melt value is the value of the gold content alone and acts as a floor. A finished piece can be worth more once craftsmanship, brand, age, and any stones are considered. A free jewelry appraisal weighs all of these.
How accurate is a free photo-based appraisal?⌄
A photo appraisal reads the karat stamp, style, and condition to value your piece against comparable sales. It is a strong starting point and takes under 60 seconds, though a hands-on appraisal can confirm exact weight and purity.
Melt is the floor. See what your Scrap Gold is really worth.
Snap a few photos and get a full resale estimate in under 60 seconds. Free and private.