Scrap Metal Shop

If you are looking to buy scrap gold it is important to remember that most jewelry,  comes with the gold mixed with other metals, such as silver, copper, even platinum and palladium and rhodium (in the case of white gold). The gold purity is expressed as follows:

24 karat is 999.99 fine
22 karat is 916.6 fine
18 karat is 750 fine
14 karat is 585 fine
9 karat is 375 fine

24 carat is pure gold with nothing added. This is the purest gold available. Also has a fineness of 1000 but this is expressed as 999 being 999 parts per 1000. This is because it is very difficult to get real pure gold with absolutely no impurities and possible is for legal reasons also. This applies to gold coins a lot. Canadian maples, for example are listed as 99.999% purse gold.

14 carat, for example, is 585 parts gold to 415 parts other metal. This is important if you buy gold scrap, or any gold for that matter. 18 carat gold is more popular for gold jewelry with a 75 percent gold and 25 percent other metals ratio, usually silver or copper or a mixture of both. There is also a 10 carat, containing 41.7 percent gold and known therefore as 417. This is really just a cheaper version of the 14 carat and used for cheaper jewelry.

When it comes to the gold scrap price, whether you buy or sell gold scrap, it is important to know how much gold there is in the piece. Scrap gold can also be found in computer mother boards, old cell phones, scrap electronic boards. High grade scrap such as gold plated integrated circuits, gold plated connectors, gold plated fingers, pins, connectors etc.  Of course one can also find scrap gold in coins too.  Just make sure to check the dates of the coins to see if as a coin it holds more value.