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  1. Gold jewelry value can vary depending on the situation

    How Much is My Jewelry Worth?

    … to understand. The equation for intrinsic value is: intrinsic value = metal value + gem value The metal (gold, silver, platinum, etc.) and gems (diamonds, sapphires, emeralds, etc.) are valued as raw materials based on current market rates… and gemstones, not as a whole piece of jewelry. Some other names for intrinsic value are: cash value, cash wholesale value, and scrap value. Let’s look at an example. Assume a ring is made out of 5 grams of 14k gold and it has a 0.25 …