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Selling Gold Watches in Chicago

That depends on several factors. 14k gold means that the gold content is .583% pure gold with other alloys added to make the metal harder, usually copper. However, only a portion of the weight of a pocket watch is the case.

The movement, metal reinforcements, hands, crystal, winding stem, hinges, etc. are almost always other metals. And every watch is different when it comes to how dense or heavy the case is. Some general percentage weights for antique pocket watch cases are as follows;

  1. 14k gold Hunter cases are between 38% to 50% with 40% being average

  2. 14k Open faced cases are between 30% to 45% with 35% being average

  3. Silver Hunter cases average around 70% of the total watch weight

  4. Silver Open Faced cases average around 65% of the total watch weight.

So a 14k gold hunters watch (not gold filled or rolled) that weighs 100 grams would have approximately 40 grams of 14k gold, or 23.3 grams (.583 X 40) of pure gold.

So with an average gold prices ranging  form $1150 -$1225, the example above would pay approximately $725.00 for the gold watch. That is 75% of the gold's spot value...

 

Sell Gold Watches
Best option for selling gold Watch in Chicagoland

Local Gold Watch Buyer

My name is Michael Jacobson, owner of Cook County Gold Buyers.

We are your best option for selling a gold watch in Chicagoland, because as a Gold Buyer I offer sellers a convenient alternative to selling their scrap gold jewelry to pawnshops or a Cash for Gold Company.

Most people sell their gold for much less than it is worth... Don't be one of them! As your local gold buyer, I will pay you the most cash for gold, usually 50% more than pawnshops, mall kiosks or Internet mail companies. You will always receive friendly and professional service and be treated with respect.

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