How to Calculate the Value
There are a few reasons why you might want to test your precious metals or diamonds. Maybe you’re considering selling them and want to get an idea of what they’re worth. Or maybe you’ve just inherited a bunch of jewelry and you’re not sure what’s real and what’s not. No matter the reason, it’s important to know how to calculate the value of your items. At we buy gold company, we’ll teach you how to do just that!
The first thing you’ll need to do is gather your materials. You’ll need a scale that can measure in grams, a jeweler’s loop, and a testing kit for the specific metal or stone you’re testing. Gold testing kits can be purchased online or at most jewelry stores. For diamonds, you’ll need to take it to a professional since they require special tools.
Once you have your materials, it’s time to get started! The first thing you’ll want to do is clean your item off. Any dirt or grime will affect the results of your test, so it’s important to have a clean surface to work with. Next, use your scale to weigh the item in grams. This is an important number as it will help determine the value of your item.
Now it’s time to start testing! If you’re testing for gold, use the jeweler’s loop to examine the surface of your item. Gold should have a smooth, shiny surface with no irregularities. It should also be yellow in color. If you see anything that doesn’t match these criteria, it’s likely not gold. To be sure, however, you’ll want to perform the acid test.
To do this, apply a small drop of acid from your kit onto a hidden area of the metal. Gold will not react to acid, so if there is no change after a few seconds then you can be confident that your item is indeed made of gold. If the acid does cause a reaction, however, then your item is not gold.
Now let’s move on to diamonds. As we mentioned before, you’ll need to take your diamond to a professional in order to get an accurate reading. They will use a tool called a refractometer to measure the amount of light that is bent when it enters the diamond. This number, along with the weight and color of the stone, will help determine its value.