Braswell and Son Fine Estate Jewelry Little Rock

Is karat weight the same as actual weight?
No. Karat weight refers to how much gold is in the piece in relation to other alloys.

24-karat gold is 100 percent gold (24/24). It is very soft and is very rarely used in jewelry.
22-karat gold is 91.7 percent gold (22/24)
18-karat gold is 75 percent gold
14-karat gold is 58.3 percent gold
10-karat gold is 41.7 percent gold

The karat designation is usually stamped on the clasp or inside of the item.

Actual weight of gold items is measured in grams, pennyweights (1 dwt = 1.5552 grams) or troy ounces (31.033 grams or 20 dwt). Gold prices on the commodities markets are measured in troy ounces.

How do you find the true price of a piece that isn’t 100 percent gold?
Multiply the spot price (the price gold is selling for on the market) by the gold content. For example, if the market price of gold is $800 per troy ounce, then the price for 18-karat gold is $600 per troy ounce ($800 x .75 = $600).

Should I shop around for the best deal?
It can be easy to overestimate how much a piece is worth, especially if it was bought from a retailer with a high markup. Being an educated consumer will help you know when the price is fair. Find out how gold prices are commonly determined. Be willing to ask questions of the dealer you’re working with, and trust your instincts. If the dealer won’t answer your questions in a way you can understand, or if you feel pressured or rushed to accept their offer, the transaction may not be right for you.

What questions should I ask a prospective buyer?
Ask what they’re using as the price of gold, how they are calculating the price they are offering, if there’s a commission and what percentage they are using for the commission being charged.


	Braswell &Son has been buying gold for over 30 years. Whether it be jewelry, coins or dental gold (teeth can still be attached), as well as sterling silver flatware, Braswell & Son has a reputation for being the number one buyer of precious metals in Central Arkansas. With the price of gold at all-time highs, it’s important to work with a reputable dealer in order to gain the best price for your gold. Braswell and Son prides itself on its reputation for being fair and honest in all of its dealings with customers. When a piece is brought to Braswell & Son, an associate will meet with the customer in a private room. The piece(s) are weighed and the price calculated in front of the customer. The Braswell & Son associate will answer any questions the customer may have about the process. Is karat weight the same as actual weight? No. Karat weight refers to how much gold is in the piece in relation to other alloys. 24-karat gold is 100 percent gold (24/24). It is very soft and is very rarely used in jewelry. 22-karat gold is 91.7 percent gold (22/24) 18-karat gold is 75 percent gold 14-karat gold is 58.3 percent gold 10-karat gold is 41.7 percent gold The karat designation is usually stamped on the clasp or inside of the item. Actual weight of gold items is measured in grams, pennyweights (1 dwt = 1.5552 grams) or troy ounces (31.033 grams or 20 dwt). Gold prices on the commodities markets are measured in troy ounces. How do you find the true price of a piece that isn’t 100 percent gold? Multiply the spot price (the price gold is selling for on the market) by the gold content. For example, if the market price of gold is $800 per troy ounce, then the price for 18-karat gold is $600 per troy ounce ($800 x .75 = $600). Should I shop around for the best deal? It can be easy to overestimate how much a piece is worth, especially if it was bought from a retailer with a high markup. Being an educated consumer will help you know when the price is fair. Find out how gold prices are commonly determined. Be willing to ask questions of the dealer you’re working with, and trust your instincts. If the dealer won’t answer your questions in a way you can understand, or if you feel pressured or rushed to accept their offer, the transaction may not be right for you. What questions should I ask a prospective buyer? Ask what they’re using as the price of gold, how they are calculating the price they are offering, if there’s a commission and what percentage they are using for the commission being charged.