How much is my old jewelry worth?

The value of your jewelry depends on the weight, the number of carats, i.e. the fineness of the gold, and the current gold spot price. If you want to find out exactly how much your gold is worth, you need an expert.

Only he can determine the exact number of carats. To do this, he uses acid or X-ray fluorescence analysis (XRF). Once he has determined the karat number, he weighs the gold and calculates its value using the current gold rate for broken gold.

Attention: The material value is decisive

Gold jewelry rarely consists of 24 carat fine gold, but mostly of an alloy (mixture of metals). In Austria, for example, mainly 14 carat (585) is sold, which contains 58.35% fine gold. If you sell a piece of jewelry made of gold, you will only ever receive the value of the fine gold at the current exchange rate. The decisive factor is therefore the material value. The working time invested by the goldsmith in making the piece of jewelry is not taken into account in the valuation.

One exception is so-called antique jewelry, i.e. jewelry that is 100 years old and older. Prices can sometimes be achieved for such pieces of jewelry that are higher than the pure material value. If such a piece of jewelry is among your old gold, our expert will of course draw your attention to it and advise you on the possibilities of selling it.

Why old jewelry is not suitable as an investment

Jewelry is beautiful and valuable, but it is not an investment. The value of jewelry can only be assessed by an expert. It is therefore not very suitable for retirement planning. I therefore advise you to sell unworn jewelry and exchange it for investment gold such as gold coins or bars. You can find out the value of investment gold yourself at any time on the Internet or in the newspaper by looking up the gold price (gold spot). Coins, for example ducats or Vienna Philharmonic, or bars are best suited, and in smaller units (coins from 3 grams, bars from 20 grams). Should you ever actually need some money, you are more flexible with the smaller units and don't have to sell all your reserves at once.

You can find more valuable tips under "Investing money correctly in gold".

Anyone who has gold has lasting value

Everyone knows it, generations have rightly trusted it and history has proven it: Gold is the safest form of investment. Investing your money in gold secures its value and protects your assets against loss of value through inflation. Coins such as ducats or the Vienna Philharmonic are even an official means of payment.
Our tip: Exchange (old) jewelry for safe investment gold.

Do you want to know how much your jewelry is worth? Our experts will be happy to value not only your old jewelry, but also coins, dental gold and other precious metal items, such as silver. This valuation is non-binding, independent of a sale and of course does not involve any costs. We will also be happy to advise you on a suitable investment in gold.