How Much is 417 Gold Worth? (ANSWERED)

Last Updated on March 29, 2022

While shopping for gold in the market, it’s ubiquitous to encounter a slew of numerals, words, or symbols etched on it.

For example, some gold has the number “417” stamped on it, and you might be wondering what it means.

So, to understand more about what 417 gold is and its value, scroll down below!

How Much is 417 Gold Worth?

In short words, 417 gold is another word for what a 10-karat gold is. Its value per gram is $23.13 and $35.85 per pennyweight.

The number “417” will tell you about the purity of the gold. It’s basically gold measurements in parts per 1000, so, using simple math’s, if you convert it to parts per 100, the number is 41.7, which means that the gold content is 41.7%.

Because gold is a relatively soft metal and not particularly strong, it requires the addition of other alloys to make it durable enough for jewelry. A number of metals have been known to be mixed, and the kind of alloy generally depends on what type of gold is bought. Platinum, silver, zinc, copper, and even nickel may be found.

So, 417 gold means that 41.7% of it is made of pure gold, while the rest of the 58.8% contains other different alloys added to it to make it stronger. The price of 417 gold in the form of jewelry varies when making one; many various factors are considered. This includes the condition the gold is in, the expertise, etc.

Advantages Of Buying 417 Gold

There are two huge benefits when you buy a 417 gold: the more extended durability. This is because of the extra material and metals added with the pure gold, which makes it super sturdy. If you’re on a tight budget, but you need to buy gold jewelry, then 10k gold would be perfect for you compared to the rest of the gold as it’s a more affordable choice plus, it also contains a good amount of gold.

Disadvantages of Buying 417 Gold

The disadvantage of buying 417 includes the fact that it gives off a pale-yellow color instead of the bright gold look seen in jewelry containing higher gold content, so, some people end up not liking it. Another factor is that with higher content of other materials, you’re likely to trigger a metal allergy leading to irritation of the skin when wearing a 10k gold.

Does 417 Mean 10K gold?

417 gold, aka 41.7% containing gold, is considered to be the same as 10 karats gold. A 10k gold means that there are 10 parts of gold. The conversion of scales is done by looking at the highest karat available, which is 24. So, if you divide 10k by 24k and round it off, you get 417.

The Markings Present On Gold

Apart from the number 417, you may witness other types of marking present on gold jewelry as well, such as the name of a country, which shows where the gold was made. Other markings include “G.P,” which stands for gold plated, “10KP,” which indicates that the gold was made of 10 karats only.

The markings on the gold mostly aren’t visible to the naked eye to avoid making the jewelry look bad. However, sometimes, the marking is found on the clasps of a bracelet or the inside portion of the ring. You can use a magnifying glass in order to find a marking, and if you still can’t find it, don’t worry. There are multiple reasons for that, such as resizing the jewelry can remove the gold markings, or the jewelry could be custom made.

How Can You Tell If Gold Is Fake?

The few things you can do to test if your gold is fake or real include:

  1. Hold the jewelry between your hands for a few minutes. This will cause sweating which will react to the gold, and if the skin changes color to either black, green, or blue, it means the gold is fake. If the skin remains unchanged, then it’s real gold.
  2. Another way is to test the gold you’re unsure of with a piece of gold that is known to be pure.
  3. Use a tile or ceramic plate and scrape the gold on it; if it’s real gold, a gold mark will be present. If it’s another metal, then it’ll leave a black mark instead.