| KARAT MARK | GOLD PERCENT |
|---|---|
| 10K | .416 |
| 14K | .585 |
| 18K | .750 |
| 22K | .916 |
| 24K | 100% PURE |
GOLD FACTS
1.
GOLD'S CHEMICAL SYMBOL IS AU.| DWT | OUNCES |
|---|---|
| 2 | .10 |
| 4 | .20 |
| 6 | .30 |
| 8 | .40 |
| 10 | .50 |
| 20 | 1 OUNCE |
TO FIND GOLD CONTENT AND
DOLLAR VALUE OF A GOLD RING, USE THE FOLLOWING FORMULA:
KARAT DIVIDED BY 24, MULTIPLIED BY SPOT PRICE, AND DIVIDED BY 20
EQUALS THE PRICE PER PENNYWEIGHT.
EXAMPLE: 14K DIVIDED BY 24 EQUALS .583
.583 MULTIPLIED BY $363 (SPOT PRICE) EQUALS $212.80
$212.80 DIVIDED BY 20 EQUALS $10.64 (PRICE PER PENNYWEIGHT)
PRICE PER PENNYWEIGHT MULTIPLIED BY RING'S WEIGHT (MINUS STONES) IS
THE SCRAP GOLD PRICE FOR THE RING
| COLUMN | GRAIN | GRAM | DWT TROY | OZ TROY | LB TROY | OZ AV | LB AV | KARAT |
|---|---|---|---|---|---|---|---|---|
| GRAIN | 1.0 | 0.06479 | 0.041667 | 0.00208333 | 0.00017 | 0.0022887 | 0.0001428 | 0.3240 |
| GRAM | 15.4324 | 1.0 | 0.6479 | 0.03215 | 0.0027 | 0.03527 | 0.002205 | 5.0 |
| DWT. TROY | 24.0 | 1.5517 | 1.0 | 0.05 | 0.00416 | 0.0548571 | 0.0034285 | 7.7755 |
| OZ. TROY | 480.0 | 31.10346 | 20.0 | 1.0 | 0.0833 | 1.09714 | 0.06857 | 155.51 |
| LB. TROY | 5780.0 | 373.241 | 240.0 | 12.0 | 1.0 | 13.1657 | 0.82286 | 1866.12 |
| OZ. AV. | 437.0 | 28.3495 | 18.2297 | 0.9114883 | 0.07595 | 1.0 | 0.0625 | 141.75 |
| LB. AV. | 7000.0 | 453.592 | 291.667 | 14.5833 | 1.21107 | 16.0 | 1.0 | 2267.96 |
| KARAT | 3.168 | 0.20 | 0.03215 | 0.0064304 | 0.000536 | 0.007055 | 0.000441 | 1.0 |
| COIN | YEAR | AMOUNT OF SILVER |
|---|---|---|
| DIME | 1853-1964 | .07234oz. |
| QUARTER | 1853-1964 | .18084 oz |
| HALF | 1853-1964 | .36169 oz |
| HALF | 1965-1970 | .14792oz |
| DOLLAR | 1840-1935 | .77344oz |
| Coins manufactured prior to 1853 contained slightly less than 90% silver |
SILVER FACTS
1. SILVER'S CHEMICAL
SYMBOL IS AG.
2. IT CAN BE HAMMERED
OUT INTO SHEETS SO THIN THAT IT WOULD TAKE 100,000 OF THEM TO MAKE A
STACH AN INCH HIGH. THESE SHEETS ARE SO THIN THAT LIGHT SHINES
THROUGH THEM, SILVER CAN BE DRAWN INTO WIRES THAT ARE FINER THAN A
HUMAN HAIR. IT IS THE BEST CONDUCTOR OF HEAT AND ELECTRICITY AMONG
THE METALS.
3. THE ATOMIC WEIGHT
OF SILVER IS 107.870, AND ITS ATOMIC NUMBER IS 47. SILVER MELTS AT A
TEMPERATURE OF 1761 DEGREES F. OR 960 DEGREES C. SILVER HAS A
SPECIFIC GRAVITY OF 10.5. WHEN MELTED, SILVER CAN ABSORB AS MUCH AS
20 TIMES ITS OWN VOLUME OF OXYGEN
4. PURE SILVER IS TOO
SOFT TO STAND UP UNDER CONSTANT WEAR, IT IS USUALLY MIXED WITH
COPPER TO FORM AN ALLOY BEFORE IT IS MADE INTO COMMERCIAL ARTICLES
5. SILVER COINS IN
THE U.S. USED TO BE MADE OF 90% SILVER AND 10% COPPER. BUT, IN 1965,
CONGRESS PASSED A BILL TO ELIMINATE ALL SILVER FROM NEW DIMES AND
QUARTERS, AND TO REDUCE THE SILVER IN NEW HALF DOLLARS FROM 90% TO
40%
6. UNTIL THE COINAGE
ACT OF 1920, BRITISH COINS WERE 92 1/2 PERCENT SILVER AND 7 1/2
PERCENT COPPER. THE 1920 ACT REDUCED THE SILVER CONTENT TO 50 PER
CENT. THE 1946 ACT ELIMINATED ALL SILVER IN BRITISH COINS. THEY ARE
NOW MADE OF A COPPER NICKEL ALLOW
7. STERLING SILVER
CONTAINS AS MUCH OR MORE SILVER AS BRITISH COINS DID. THE WORD
STERLING HAS BEEN USED TO MEAN HIGH QUALITY SILVER SINCE THE 1200'S
8. SILVER ITEMS
MARKED STERLING MEANS THEY CONTAIN AT LEAST 92.5% SILVER, SOME
JEWELRY, ESPECIALLY SOME OF FOREIGN MAKE, MAY BE MARKED .925,
INSTEAD OF THE WORD STERLING.
9. SILVER PLATE IS
MADE BY COATING BASE METALS WITH PURE SILVER OR SILVER ALLOY BY
ELECTROLYSIS. SILVER PLATE, BEING A LOT LESS EXPENSIVE THAN PURE
SILVER, IS MORE WIDELY USED FOR TABLEWARE.
10. SILVER IS NOT
CHANGED BY MOISTURE, DRYNESS, ALKALI, OR VEGETABLE OILS, BUT SULFUR,
WILL CAUSE SILVER TO TURN BLACK