A one-minute sanity check for anyone selling old jewelry or scrap gold. Spot price is not what you pocket. Payouts depend on karat (10K, 14K, 18K, etc.), the weight of the actual gold—not stones or heavy plating—and the percentage a buyer pays versus true melt value. Weigh your pieces, find the hallmark if you can, and compare any offer against today’s spot before you mail gold in or sign at a pawn counter. Free browser tool to ballpark melt from weight and karat (live spot): https://mygoldcalc.com/scrap-gold-calculator Not financial or assaying advice—estimates only. Offers vary by buyer, fees, and assay.