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According to a Jewlery Co, yes it does mean 18k. They also use a # designation for 14k. I don't know what it is however.

These numbered designations are mainly used in France, England and other European countries. They continue as follows:

22 carat ~ 916

18 carat ~ 750

14 carat ~ 585

9 carat ~ 375

Please note: The English, most especially, utilize "carat" in metal purity. Whereas, in the USA we use the word "karat" for metal purity and "carat" in terms of gemstone weight.

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Q: Can a Gold necklace that is stamped 750 mean it is 18K?
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