What is 22K Gold?
Just like 14k and 18K gold, 22K gold is not pure gold, containing an alloy of metals. To be specific, 22K gold is made up of 91.6% gold and mixed with 8.4% of other metals.
What is 22K Gold Worth?
GoldFellow makes it easy to calculate cash for gold with our easy to use cash for gold calculator. We also have a handy breakdown of pennyweight, a commonly used measurement for jewelers looking to calculate the value of gold items. Calculating the pennyweight value of an item is as simple as dividing the karat weight by 24, multiplying that number by the ounce weight of the item, and multiplying that number by 20.
What is Gold Commonly Used For?
As mentioned above, 22K gold is a popular measurement of gold used in Southeast Asian and Middle Eastern jewelry. In India, for example, gold has a strong cultural value and is worn in abundance, most of it having a karat weight of 22.
Prior to the 1930s, gold coins were minted in ‘crown gold’ a term meaning 22k alloy. Many of today’s one-ounce gold coins, such as the South African Krugerrand and American Eagle are still to this day minted in 22k gold. Lastly, 22K gold rings and 22K gold earrings are a popular fashion item among many circles of American culture.
Selling Your Gold
At GoldFellow, we buy 14K, 18K, 22K, and 24K gold in all conditions! Sell your scrap gold online or sell your 10K gold today. We have easy-to-use services, allowing you to sell gold through the mail, with our insured mail-in services. We’ll evaluate your gold with no commitment needed, and ship back your items at our own cost if you are not satisfied with our price.