Originally Posted by jon4412
...cmon now i thought this play was "friendly" i can only call back on certain days and of course not on weekends ... in the mean time can anyone help answer what 1 karat weight is?
It is a bit more complicated than that. Gold is weighed in English measurements in Troy ounces. A Karat rating from 1 to 24 signifies the amount of gold in a gold/alloy mix. So 24 Kt is pure gold... .999 in purity, whereas 12 Kt gold is 50% gold and 50 % alloy. Go to http://www.dendritics.com/scales/metal-calc.asp
to calculate the value of precious metals given the item's purity stamp (14 Kt for gold say, or .925 for silver). If you have the purity stamp, the weight of the object in grams, and the current price of your metal in question (easy to find some websites for the daily price update...that's the spot price everyone talks about), you can just plug those values in to get the melt value of gold, silver, or platinum in your ring, necklace, or coin!
So basically a Karat is not a weight, it is an alloy purity mark! But a carat, for diamonds is a weight. 1 gram = 5 carats!
AKA newbieshooter, BH Tracker IV, Tesoro Compadre, ATPro; 2013 CRH totals: 1 WL, 1 BenFs, 6 90% Kens, 82 40% halves, 23 proofs, 637 NIFCs, 1 gold plated Ken, 1 Magic coin