MI means Made in Italy .. I've had a figaro styled 14K gold chain for over 15 years, and when I converted it into a bracelet, I was able to use 14K nitric acid to test a cut link. It most certainly was real gold, and it had the hallmarks "MI", "14KT", and "MADE Italy" stamped into the clasps. You can have it tested with a Niton DXL XRF Analyzer, which is an x-ray style tester, at your local gemologist.
Solid Gold
The price of gold is constantly changing. It is estimated that the current value of 14k gold is about 30 dollars an ounce.
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As of 01/03/2011 265 grams of 14K gold is worth $7,035 at a spot of $1,415.56 USD an ounce.
The letters "MI" on 14k gold jewelry from Italy typically indicate that the piece was made in Milan. In Italian jewelry, the initials often represent the city where the item was manufactured, serving as a mark of authenticity and craftsmanship. Additionally, "MI" can also stand for "Metallo Italiano," which translates to "Italian Metal," emphasizing the quality and origin of the gold used.
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