The Prospector will buy gold scrap according to its carat and weight. The carat value of gold is measured to international standards of purity. Scrap Gold Buyers will test your gold scrap and pay you today's price according to the carat and weight of your scrap gold.

The Karat (abbreviation k) is a measure of the purity of gold. As a measure of purity, one carat is one twenty-fourth purity by weight:

Therefore 24-carat gold is pure gold (99.99%), 18-carat gold is 75% purity, 12-carat gold is 50% purity, etc.

The carat system is increasingly being complemented or superseded by the millesimal fineness system in which the purity of precious metals is denoted by parts per thousand of pure metal in the alloy.

The most common carats used for gold in bullion and jewelry are:

24 carat (fineness 999/1000)

22 carat (fineness 916/1000)

20 carat (fineness 833/1000)

18 carat (fineness 750/1000)

15 carat (fineness 625/1000)

14 carat (fineness 585/1000)

10 carat (fineness 417/1000)

  9 carat (fineness 375/1000

It’s easy, quick and the most efficient way for you to turn  your scrap precious metals into CASH.