July 16, 2025 By: Scranton Gold and Silver Buyers
💰24K vs 14K Gold: What Scranton Gold & Silver Buyers Want You to Know
If you're planning to sell your gold jewelry or invest in precious metals in the Scranton area, it's important to understand the difference between 24K and 14K gold. At Scranton Gold & Silver Buyers, we make it our mission to educate our customers so you can make informed, confident decisions — and get the best possible payout for your gold.
🟡 What Does “K” Mean in Gold?
The “K” stands for karat, which is a measure of how pure the gold is:
24K gold is 100% pure gold — the highest you can get.
14K gold is 58.3% pure, with the rest made up of other metals like copper, silver, nickel, or zinc.
Gold in its purest form (24K) is soft and bright yellow, while lower karat gold like 14K is more durable and often used in jewelry.
💰 Value Difference Between 24K and 14K Gold
At Scranton Gold & Silver Buyers, we price your items based on the actual gold content and the current market price (also called the spot price). Here’s how the difference breaks down:
✅ 24K Gold:
100% gold content
Mostly found in coins, bars, and bullion
Soft, bright yellow, and very valuable
Usually brings you the highest payout per gram
✅ 14K Gold:
58.3% gold content, the rest is other metals
Common in wedding rings, necklaces, bracelets, earrings
More durable and affordable
Lower payout because there’s less actual gold
Example:
If gold is trading at $2,400 per ounce,
1 oz of 24K gold = $2,400
1 oz of 14K gold = 0.583 oz of pure gold = $1,399
That’s a difference of over $1,000, based purely on purity.
🧪 How We Evaluate Your Gold
At Scranton Gold & Silver Buyers, we follow a transparent, step-by-step process to determine the value of your gold:
Weigh your items (excluding stones, clasps, etc.)
Test the karat level using professional tools — right in front of you
Calculate based on real-time market prices
Offer you a no-obligation, instant quote
We specialize in fair, honest gold buying and are proud to be Scranton’s trusted local source for turning your unwanted gold into cash.
🛍️ Selling Jewelry? Here's What You Should Know
If you're bringing in gold jewelry, here are a few quick tips:
Check for markings: Look for stamps like "14K", "18K", or "24K".
Bring all your pieces — even broken chains or single earrings can have value.
Don’t clean or polish your items; it won’t affect your payout.
We test and weigh everything professionally, so you get the most accurate price.
🔍 What About Silver?
We also buy silver in all forms — jewelry, coins, flatware, and more.
.999 fine silver is nearly pure and brings the highest value
Sterling silver (.925) is 92.5% silver
Just like gold, the higher the purity, the higher the payout
✅ Why Choose Scranton Gold & Silver Buyers?
📍 Local & Trusted — Serving Scranton and surrounding areas for years
💸 Top Dollar Paid — We beat pawn shop prices every day
👨🔬 Professional Testing — All evaluations done on-site and in front of you
🔒 No Pressure, No Gimmicks — Just honest service and fair offers
🕒 Fast Transactions — Walk in with gold, walk out with cash
📞 Visit Us or Get a Free Quote Today
If you're in or near Scranton and want to sell your gold or silver, visit us at:
📍 Scranton Gold & Silver Buyers
107 West Market Street, Scranton, PA
📞 Call: (570) 555-1234
🌐 www.scrantongoldbuyers.com
Walk-ins welcome. No appointment needed.
We pay cash on the spot — and we’ll beat any local competitor’s offer.
📍Tip: Always check the live gold price before buying or selling. For up-to-date pricing and trustworthy service, visit [YourBusinessName.com] or stop by our location in Scranton, PA.
