The stamp "417 Italy" on a piece of gold jewelry means that its purity is 10 karat gold and its origin is Italian. The "417" also indicates that it is 41.7 percent gold.Know More
Italian-made gold jewelry has the reputation of being the finest and most elegant. Gold jewelry with these markings doesn't necessarily always mean that it was made in Italy. It can also mean that the piece was made by an Italian system and machinery, which is known for great quality.
The pureness of the gold is expressed in percentages. The value stamps applied to the jewelry vary throughout the world. Jewelry made in Europe has a three digit number, such as "999," which indicates that the gold piece is 99.9 percent pure. However, in most parts of America, this value is shown as "24K," which means that the piece is 24 karat gold.
Gold jewelry is composed of a percentage of other metals, mostly alloys, and a percentage of gold. Gold is soft as opposed to all other metals, which are hard. Pieces with a higher percentage of gold purity are softer and have a more intense yellow color. Because it is so soft 24 karat gold is rarely used for jewelry because it is very soft.Learn more about Currency & Conversions
A good place to buy and sell gold is at the shop of a reputable gold dealer or jeweler, according to Bankrate. This method of purchasing and selling gold tends to give the average person the best price for items.Full Answer >
The price of gold is determined by The London Bullion Market Association, as reported by its website. It sets the price in United States dollars twice a day. This price is recognized as the current price of gold and is used around the world to conduct a variety of different transactions.Full Answer >
The term .585 gold refers to the purity of the gold in question. This standard of purity is equal to 14-karat gold, which is why the terms are used interchangeably. Gold that is considered 14 karats or .585 contains 10 parts alloy blended with 24 parts gold.Full Answer >
The average cost for a gold tooth is between $600 and over $2,000 per crown, as of 2015. Teeth made of solid gold may cost considerably more.Full Answer >