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How much is 1 oz of 14 karat gold worth
Pure gold is 24 karat.12 karat gold contains 1/2 pure gold (12/24=50%).14 karat gold is 14 parts pure gold and 10 parts other metal.14/24 = .5833So, 14 karat gold is 58.33% pure gold.7.8 grams x 58.33% = 4.55 grams pure gold.There are 28.35 grams to an ounce.4.55 grams = (4.55/28.35) = .16049 or about 16.05% of an ounce.ANSWER: Multiply current per ounce rate of 24K Gold by .1605If Gold is at $1,000 per ounce,then 7.8 grams of 14K gold is worth $160.50(1,000 x .1605 = 160.50)
A Two Pence coin weighs 7.12 grams. There are 50 Two Pence coins in a Pound. One Pound worth of Two Pence coins weighs 356 grams.
It is worth whatever the gold price is. I'm assuming you have a US 1 oz gold eagle. If you do indeed have a one ounce gold eagle it is worth whatever 1 troy ounce of gold is worth. At the time of writing your coin would be worth about $1350. However, the price of gold fluctuates on a minute by minute basis.
Value is based on WEIGHT of gold, and PURITY of gold. Pure gold is 24K. 12K is 50% gold. If you meant 1/20th of 12 K. that would be 2.5% gold, and have a very low value.