How do you convert dwt to grams?

1 dwt = 1.55517384 g (one twentieth of a troy ounce). We use that factor consistently with the rest of the site.

Why do some buyers quote in dwt?

In parts of the US jewelry trade, pennyweight is a long-standing convention for quick quoting. You can always convert to grams to compare with other offers.

Will I get full melt value when selling?

Buyers typically pay a percentage of melt. Treat this page as a benchmark, not a payout guarantee.

How Much Is 16 Pennyweight of 9K Gold Worth Today?

16 pennyweight of 9K gold is worth $1,294.90 today

(Based on spot price $4,317/oz · Updated June 16, 2026)

Melt value: $1,294.90
Pawn shop offer: $647–906
Online buyer: $1,036–1,191

Estimates use the same USD spot basis as our calculators. Not financial advice, not a purchase offer, and not a guarantee of what any buyer will pay.

At the live spot used on this site (USD), 16 dwt of 9K gold is about $1,294.90 melt value (before any buyer discount). 1 dwt ≈ 1.555 g.

Pawn shops often pay roughly 50–70% of melt — about $647.45–$906.43 for this dwt at typical buyer rates.

If the lot is high value, document weights and stamps (photos) before you leave items for testing or shipping.

Quick checks (dwt sellers)

Be explicit about “troy” units; precious metals pricing uses troy measure, not standard ounces.
For heavy lots, consider getting at least one quote from a reputable online buyer or refinery; the % difference can be meaningful.

Gold Value Calculator

Gold price Today

$/troy oz

Adjust this price to project a future value. 24K per troy oz.

Weight

Unit

Purity (Karat)

Total gold value$1294.90

Current 9K price • $52.04/gram • $1618.63/oz

Est. offer at%:$647.45

Formula: weight × karat multiplier × spot price. 14K = 0.585, 18K = 0.75, 10K = 0.417.

Same USD spot basis as the estimates on this page. Adjust weight, unit, or karat to explore scenarios.

Calculate exact pawn shop payout →

How pennyweight maps to grams

Pennyweight (dwt) is a troy-unit habit in some US markets. For pricing we convert to grams: 16 dwt ≈ 24.88 g of 9K, then apply the same per-gram rate as our gram pages.

How we calculate melt

In words: 16 dwt → grams (troy conversion) → 9K per-gram price → melt total. Buyers then apply their own % haircut.

What buyers might pay (typical ranges)

These bands are typical percentages of melt for this weight—not spot, not a guaranteed offer.

Buyer type	Typical % of melt	Est. offer (USD)
Pawn shop	50–70%	$647.45 – $906.43
Local gold buyer / jeweler	65–80%	$841.68 – $1,035.92
Online / mail-in buyer	80–92%	$1,035.92 – $1,191.31
Refinery (bulk / high volume)	88–95%	$1,139.51 – $1,230.15

Ranges are common experience bands; shops and mail-in buyers vary. Not a quote.

Nearby dwt

Same karat, by gram

Open closest gram page (25g)

FAQ

How much is 16 pennyweight of 9K gold worth?: 16 pennyweight of 9K gold is worth $1,294.90 at today's gold price of $4,317/oz. This is the melt value — pawn shops typically pay $647–906, online buyers pay $1,036–1,191.
How do you convert dwt to grams?: 1 dwt = 1.55517384 g (one twentieth of a troy ounce). We use that factor consistently with the rest of the site.
Why do some buyers quote in dwt?: In parts of the US jewelry trade, pennyweight is a long-standing convention for quick quoting. You can always convert to grams to compare with other offers.
Will I get full melt value when selling?: Buyers typically pay a percentage of melt. Treat this page as a benchmark, not a payout guarantee.