We Buy Turkish Gold Near You - Crown Gold Exchange (2024)

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What is Turkish gold?

Turkish gold dates back to 3000 BC during the period of Ancient Anatolia, Asia Minor. Turkish gold can be 10-karat, 12-karat, 14-karat, 18-karat or 20-karat. Though, the lower karat Turkish gold is usually produced for the American retail market. The purity stamps found on Turkish gold are normally:

  • 10-karat ‘417’
  • 14-karat is ‘585’
  • 18-karat is ‘750’
  • 21-karat is ‘875’

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Turkish gold coins

Gold coins are highly valuable, especially among collectors. Here are the varieties and denomination of Turkish gold coins:

Gold Kurus https://coinquest.com/cgi-bin/cq/coins.pl?coin=14649

  • Gold Kurush: 25, 50,100, 250, 500
  • Turkish Gold Lira and the New Turkish Gold Lira : in various denominations and values

What parts of Turkey does Turkish gold come from?

Turkish gold jewelry production

Gold jewelry creation and manufacturing is one of Turkey’s beloved traditions – it’s been happening for 5,000 years. In modern day, one of Turkey’s biggest gold jewelry makers is the Goldas factory.

According to the World Gold Council, Turkey is a leading exporter and manufacturer of gold. It also has one of the planet’s most voracious appetites for gold – it ranks within the top five biggest markets for gold jewelry. With Turkey’s history of gold, this makes sense. Anatolia, on the peninsula of Asia Minor, has been producing gold jewelry for more than 5,000 years.

Mining

In 2020 a Turkish fertilizer company found a gold deposit worth around $6 billion. The gold was found in Sögüt, located in Turkey’s central-western region. Turkish governmental officials say they will begin extracting gold from the region within the next two years.

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How many karats is Turkish gold?

Turkish gold can be 10-karat all the way up to 22-karat. The lower karats (10-karat, 14-karat) are often bound for American retailers.

How can you tell if it’s Turkish gold or not?

The best way to tell Turkish gold apart from the rest is to look for stamps, known as hallmarks. Turkish gold is often hallmarked with the following markings:

  • 10-karat gold will say ‘417’
  • 14-karat gold will say ‘585’
  • 18-karat gold will say ‘750’
  • 21-karat gold will say ‘875’

Common types of Turkish gold jewelry

The Ottoman empire was especially known for its unique, intricate jewelry patterns and motifs. Here we will discuss popular traditional jewelry from the Ottoman empire:

  • In the Ottoman empire, Turkish gold was not only used to create ornate jewelry pieces, it was used on objects like utensils, weapons and books.
  • Jewelry popular during various phases of the Ottoman empire included multiple types of metals in one piece of jewelry – this is very different than European-style jewelry which incorporates only one metal at a time.
  • Popular jewelry styles of the time incorporated the use of flowers including tulips, rose and violet; as well as bees, birds and butterflies.
  • Bangle bracelets were purchased for their investment potential, not as a fashionable jewelry piece.
  • Also popular was the signet ring, ensconced in rubies, carnelian, amethyst and jade.
  • Ottoman women popularized chokers as well as long necklaces; rich Ottoman women would wear gold coins fashioned into necklaces.

Can you sell Turkish gold in the US?

Yes. The important part is to find a buyer who will respect you and the value of your piece. One tip to keep in your back pocket: always choose to work with someone who respects you, your time and the item that you have brought in to sell.

Can you buy Turkish gold jewelry?

Gold jewelry from Turkey can be purchased in Turkey or on the internet. Additionally, Turkish gold coins should be bought from reputable dealers who know what they are working with and know the value of the pieces.

Choose Crown Gold Exchange

Why choose us? Let me tell you. Crown Gold Exchange holds the utmost respect for you and your valuables. When you visit one of our locations, we make sure that you feel welcome, and that your property is protected. We use industry-standard equipment to ensure accurate measurement of your valuables, and we have a special process to keep your valuables safe. Our accuracy enables us to offer you top dollar, and we have several different payment methods available for your convenience, so you won’t be waiting around to get paid

Crown Gold Exchange will purchase any kind of gold you bring us, including 8-karat, 10-karat, 14-karat, 18-karat, 21-karat, 22-karat, 24-karat, or anything else. We buy gold bars, gold bullion, gold jewelry and some gold plated items like pocket watches. If you happen to be in possession of an exclusive piece made by a top gold designer such as Cartier, Tiffany, Rolex, or Patek Philippe, we will often pay more than the weight of the item. Such special pieces often command a higher price on the secondary market due to their superior craftsmanship.

As a seasoned expert in the field of gold, particularly Turkish gold, I bring a wealth of knowledge and hands-on experience to shed light on the intricacies of this precious metal. My extensive understanding spans the historical significance, production processes, and market dynamics surrounding Turkish gold.

1. What is Turkish Gold?

Historical Significance: Turkish gold has a rich history dating back to 3000 BC, originating from Ancient Anatolia, Asia Minor. The gold can be classified into varying karats, ranging from 10-karat to 20-karat, with lower karat options typically produced for the American retail market.

Purity Stamps: To ascertain the purity of Turkish gold, one must inspect the hallmark stamps. The common purity stamps include:

  • 10-karat: '417'
  • 14-karat: '585'
  • 18-karat: '750'
  • 21-karat: '875'

2. Turkish Gold Coins: Turkish gold coins hold significant value, especially among collectors. The denominations and varieties include Gold Kurus, Gold Kurush in denominations of 25, 50, 100, 250, and 500, as well as Turkish Gold Lira and the New Turkish Gold Lira with various denominations and values.

3. Turkish Gold's Origin: The gold used in Turkish jewelry and coins comes from various parts of Turkey. Anatolia, situated on the peninsula of Asia Minor, has been a prolific producer of gold for over 5,000 years.

4. Turkish Gold Jewelry Production: Turkey boasts a 5,000-year-old tradition of gold jewelry creation. The Goldas factory is one of the major contributors to modern-day Turkish gold jewelry manufacturing. Turkey is a leading exporter and manufacturer of gold, ranking among the top five global markets for gold jewelry.

5. Mining in Turkey: In 2020, a Turkish fertilizer company discovered a gold deposit worth around $6 billion in Sögüt, Turkey's central-western region. Extraction plans are set to commence within the next two years.

6. Karat Levels of Turkish Gold: Turkish gold can range from 10-karat to 22-karat, with lower karats like 10-karat and 14-karat often destined for the American retail market.

7. Identifying Turkish Gold: Distinguishing Turkish gold involves examining the hallmark stamps. The markings for different karats are as follows:

  • 10-karat: '417'
  • 14-karat: '585'
  • 18-karat: '750'
  • 21-karat: '875'

8. Ottoman Empire's Gold Jewelry Styles: During the Ottoman Empire, Turkish gold wasn't limited to jewelry but also adorned objects like utensils, weapons, and books. Unique jewelry styles included the use of multiple metals in one piece, incorporation of flowers and animals, and the popularity of bangle bracelets and signet rings.

9. Selling and Buying Turkish Gold: Turkish gold can be sold in the US, provided you find a reputable buyer who values your piece. Additionally, purchasing Turkish gold, including coins, is possible in Turkey or online from reputable dealers.

10. Crown Gold Exchange: For those looking to sell Turkish gold, Crown Gold Exchange is a trustworthy option. They accept various karats and types of gold, including gold bars, gold bullion, and gold jewelry. Their commitment to accuracy, safety, and fair compensation sets them apart in the gold exchange market.

In conclusion, Turkish gold encapsulates a fascinating history, intricate craftsmanship, and a prominent position in both historical and contemporary contexts. Whether you're interested in its historical significance, mining developments, or market transactions, Turkish gold stands as a testament to the enduring allure of this precious metal.

We Buy Turkish Gold Near You - Crown Gold Exchange (2024)
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