Paying top dollar

for your diamonds since 1980

11 Types of Gold Used for Jewelry

Posted on March 20th, 2021 by Joe G

If you’re interested in selling gold jewelry in Chicago, Chicago Gold Gallery has been paying top cash for gold since 1980, and the price we pay depends on many things, such as the type of gold the jewelry’s made of.

Please read on and we’ll try to provide a primer on the 11 types of gold commonly used for jewelry.

24-Karat Gold

This is gold in its purest form, measuring 99.9% pure. 24k gold items are extremely pliable and are very yellow. Mostly from China, Vietnam, Thailand regions.

21-22-Karat Gold

.900-.916 pure; popular in Southeast Asia usually Bangles, ornate necklaces, and earrings sometimes with enameled highlights

18-Karat Gold 

This form of gold is 75% pure gold and 25% other metals, like copper and zinc, .750 

14-Karat Gold

The most popular gold karat sold in the U.S., made of a mixture of 58.3%/ 58.5% gold and 41.7% other metals. 

10-Karat Gold

A lower cost alternative usually used for high school class rings, it contains only 41.7% gold.

Yellow Gold

The most popular color for gold around the world and comes in a range of hues, depending on the metals mixed with it.

White Gold

An alloy of yellow gold and white metals, like nickel, and very popular for wedding and engagement rings.

Gold-Filled

A base metal has been coated with a gold alloy. The process melts the gold into the base metal, making it hard to rub off. Used in pocket watches, fraternity pins, vintage jewelry 

Rolled Gold

As with gold-filled, it is created through mechanical bonding but contains only half the amount of gold found in gold-filled items. Many antique and vintage wrist watches are rolled gold.

Gold-Plated

Has an extremely thin layer of gold plated over brass or copper and is usually found on inexpensive costume jewelry. Not really valuable

8 Karat, 9 Karat, 15 Karat 

Are also purities used in making jewelry as well as 16-karat dental gold.

That’s our brief summary of 11 types of gold commonly used in jewelry, and when you’re ready to sell and get top dollar for your gold items, bring them to the highest buyer in cook county, surrounding suburbs, and Illinois, call email and come into Chicago Gold Gallery. 

← Back

Customer Testimonial

Had a Great Experience

I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.


Date: 05/12/2022 • 5 / 5 stars ★★★★★

Awesome place!

What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.


Date: 01/20/2022 • 5 / 5 stars ★★★★★

I'll be back

Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.


Date: 11/15/2021 • 5 / 5 stars ★★★★★

I would do business with them again

I found the Chicago Gold Gallery to be a very honest and reputable shop. I would highly recommend this store to anyone buying and selling their possessions.


Date: 05/01/2021 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email: chgogoldgallery@aol.com

Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

Especially Wanted

  • Gold & Silver Coins
  • Bullion Gold, Silver, & Platinum
  • Scrap & Old Gold
  • Sterling Silverware
  • Dental Gold
  • Coins & Coin Collections
  • Franklin Mint
  • Collectibles
  • Rare Coins
  • Antique & Modern Jewelry
  • Diamonds
  • Watches - Rolex, Patek Philippe
  • Broken Jewelry
  • Tiffany & Company - Cartier
  • Vintage & Modern Guitars