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# value of platinum

does anyone know what the melt value of 14k platinum is? i have a engagement ring i need to get rid of.

Asked by Anonymous at 10:56 AM on Dec. 20, 2010 in Beauty & Style

• According to calculators, and based on yesterday's London price for platinum, about \$150 give or take.

Answer by amybaby_19 at 11:00 AM on Dec. 20, 2010

• There is no such thing as 14k platinum. There is 14k white or yellow gold OR Platinum which is a different metal altogether. Google todays price per ounce for each. But the ounce price is for pure gold & 14K will be a fraction of the price of an ounce.

Answer by ILovemyPaulie at 11:01 AM on Dec. 20, 2010

• By the way, today an ounce of pure gold here in the US is \$1,379.50.

Answer by ILovemyPaulie at 11:04 AM on Dec. 20, 2010

• the ring says 14k platinum on it

Comment by Anonymous (original poster) at 11:08 AM on Dec. 20, 2010

• You just have to convert karats to ounces.

Answer by amybaby_19 at 11:10 AM on Dec. 20, 2010

• what do you mean?

Comment by Anonymous (original poster) at 11:13 AM on Dec. 20, 2010

• You have to figure out how much the piece weighs, preferably in grams, then for a rough estimate, use a calculator to determine the value. 14k is about 50% purity maybe??? I'm not sure. Is there a pt or plat number on your ring? That may help.

Answer by amybaby_19 at 11:26 AM on Dec. 20, 2010

• Dh says it may be in penny-weight also and that it is not 14K if it is platinum (most likely white gold)

Answer by gambilldl at 7:06 PM on Dec. 20, 2010

• idk but try google and gl x

Answer by san78 at 6:04 AM on Dec. 21, 2010

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