So what about Italian gold?

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Commenter Marlene on my post on how to value gold jewelry asked this:

Is 14k Italian gold different in price than gold in the USA?

The answer depends on which gold price we're talking about.

Italian gold retail price

On the one hand, there is the retail price of gold jewelry. This is what you'd pay at a jewelry store, secondhand store, or pawn shop.

I'm by no means an expert on Italian-made gold jewelry, but from what I gather on the internet it's of good quality. Given exactly the same type of chain, same weight, and same gold content, but one is Italian-made and the other is made elsewhere, it's not unreasonable to see a difference in price based solely on the workmanship of the jewelry.

A well-made chain, or one that has a reputation for being well-made, should command a premium over a lesser-quality chain.

Italian gold scrap price

On the other hand, there is the scrap price of the gold jewelry, which is the price a melter will pay.

Chains, bracelets, rings, etc., are thrown into a fire, melted, poured, and cast into a bar mold. At this point, all of the workmanship is melted away. Nothing remains of what the items were. It's just gold, refined to some purity.

To a melter, a 20-gram, 14-karat solid gold Italian chain is worth exactly the same as a 20-gram, 14-karat solid gold chain from somewhere else. A gold atom from a fine Italian gold chain is no rarer than a gold atom from a knockoff. They're all the same atoms, and can't be told apart. 😉

How do I sell gold?

By the way, it's usually better to try to sell a gold chain you own directly to someone who wants it as a gold chain — especially to someone who knows what it would cost to buy it elsewhere.

Selling a gold chain to a Ca$h4UrGold place is easy, but you won't get near the value you could for the chain. Selling to a pawn shop may be a little better, but even this varies from shop to shop.

If you have an Italian gold chain, it's best to sell it to someone who's looking for an Italian gold chain. (Or give it as a gift to someone who will appreciate it.)

19 thoughts on “So what about Italian gold?”

  1. I bought a bracelet stamped 14K iTALY. tOOK IT TO MY JEWLER AND HE PUT A MANET TO IT AND IT TOOK. sAID IT WAS STEEL WITH AN OVERLAY OF GOLD. wORTH ABOUT 40 INSTEAD OF 6 HUNDRED

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  2. regardless of wherever it’s made, there is a universal scale in measuring gold and the quality doesn’t compromise to it… italian gold is good and often costly at some part of the world not only due to its craftmanship but also their design… their designs are often fancy/fashionable/trendy unlike other gold jewelry that have more traditional designs i.e. alphabet character, gods and goddesses symbol or calligraphic designs… so it’s safe to say that a 14k gold may cost higher to some countries compared to an 18k gold of another country since the price is not based on the gold investment but also the craftsmanship/design of the item…

    gold tint (yellow tint) may also vary from one country to another… a chinese 18k gold is a bit more matte yellow-brownish when the shiny plating fades off while an 18k Japanese gold may look like a lighter shade of yellow-bronze/copper while saudi gold is much more yellow-orange… singapore is more whitish-yellow and very sparkly,… US gold and Italian gold have somehow not much difference in tint unless of course they make the tint rose gold, green gold etc…

    personally, i prefer the japanese gold since i appreciate the tint more as well as the italian gold… chinese gold is good as well but it’s best worn along with chinese gold items since its tint is so yellow it wouldn’t compliment the other tint of other gold accessories you have from a different country manufacturer…

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  3. I always thought the Italian Gold not only is 18k, it’s stamped with a three digit # like 750 or ?? and the White Gold has its own #? can’t you tell me, please? ThankYou, CG.

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    • The number means the same thing on white gold as it does on yellow gold. If it’s stamped 750, it’s 75% gold, or 18 karat. The white gold just has a different metal alloyed with the gold than the yellow gold.

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  4. Thank you for the information. I was looking at Italian gold jewelry on the Sam’s Club website and noticed most of it was Italian gold. I wondered if it was a little inferior? Have a wonderful Christmas and remember Jesus loves you and came to earth that you might have a Savior. He offers never ending love and life eternal.

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  5. I was looking at 14k 4mm 22inch solid rope chain on ebay;;;;;;mentioned italy gold;;;;;; is it good quality in your opinion? thanks for reply

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  6. I have some gold jewelry – One piece is 14Kt ITALY with a makers mark of ML or MI in a square. the other has a star then 545 (?) and then VI. Can anyone help me with these marks?

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