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How Much is My Jewelry Worth?
… to understand. The equation for intrinsic value is: intrinsic value = metal value + gem value The metal (gold, silver, platinum, etc.) and gems (diamonds, sapphires, emeralds, etc.) are valued as raw materials based on current market rates… value, cash wholesale value, and scrap value. Let’s look at an example. Assume a ring is made out of 5 grams of 14k gold and it has a 0.25 carat diamond. It has a gold value, of approximately $121 when gold is $1,300 per ounce, and a …