Is 18k worth money

Answer 1

With gold selling above US$1200 per ounce, it will be worthwhile to take the ring to a jeweler to confirm that it is 18 karat gold, and then perhaps the jeweler will buy it for its melt value.

Answer 2

The letters GF indicate an item that is not solid 18K gold, but is gold filled. That means that the inner metal is something other than gold, and there is a layer of gold on top. Heavier than electroplate, but much lower value than solid gold. By law 1/20th of the weight will be gold of the purity stated- so 19/20ths is something else- usually brass.