Value your first item in two minutes

By the end of these steps a priced ring sits in your workspace and you have seen every screen of the add-item wizard. Coins take a different path through the wizard; this guide follows a piece of jewelry.

1. 1

   Open the wizard

   Go to the workspace. On an empty workspace press Add your first item; otherwise press Add item in the toolbar. On a phone the toolbar button shows only the plus icon.

   Screenshot coming soonAn empty workspace with the Add your first item and Try an example item buttonsworkspace-empty · desktop

   Try an example item drops in a 5 g 14K ring if you would rather see a number first.

2. 2

   Choose Jewelry

   Pick Jewelry for anything with a hallmark: rings, chains, bracelets, scrap. Coin is for bullion and collectible coins and asks different questions. Choosing a type moves you to the next step straight away.

   Screenshot coming soonThe wizard’s Type step with the Jewelry and Coin cardswizard-type · desktop

3. 3

   Describe the piece

   Choose the Jewelry Type: ring, necklace, bracelet, earring, scrap, bangle, pendant or other. The Item Name is suggested from your choices, “Gold 14K Ring” for example, and keeps following them until you type a name of your own. A name you will recognise later, such as “Grandma’s wedding band”, beats “Ring 3”. The description is optional.

   Screenshot coming soonThe Details step with the jewelry type, item name and description fieldswizard-details · desktop

4. 4

   Enter the hallmark and the weight

   In Purity/Alloy, type what is stamped on the piece and pick the match from the list. The stamp tells WITVT how much of the weight is precious metal: a 14K ring is 58.3% gold. Gold is found by its karat; silver and platinum by their fineness number.

   Stamp	Type this	Alloy
   10K or 417	10K	Gold 10K (41.7% gold)
   14K or 585	14K	Gold 14K (58.3% gold)
   18K or 750	18K	Gold 18K (75.0% gold)
   22K or 917	22K	Gold 22K (91.7% gold)
   24K or 999	24K	Gold 24K (99.9% gold)
   925 or “sterling”	925	Sterling Silver (92.5% silver)
   950 with “PT” or “PLAT”	Platinum 950	Platinum 950 (95.0% platinum)

   A See details about … link under the field opens the alloy’s full composition. White and yellow variants of each karat are listed too; pick the plain one unless you know the colour alloy. If there is no stamp, choose the alloy you believe it is and treat the result as an estimate; an acid test or XRF is the only way to be sure.

   Then weigh the whole piece, stones included, and enter the number in Weight. Grams are the default; the unit menu also offers carats, ounces, troy ounces, pennyweight (dwt), kilograms and pounds. Stones come off in the next step.

   Screenshot coming soonThe Metal step with the Purity/Alloy search field and the weight inputwizard-metal · desktop

   Screenshot coming soonThe alloy details dialog showing the composition of 14K goldwizard-alloy-modal · desktop

5. 5

   Add stones, or skip

   This step is optional: press Next if the piece is plain metal.

   If it has stones, press Add a stone, then Edit on the new row to open the stone editor. Choose the stone type and cut and enter its weight in carats. For round brilliants and other cuts that support it you can enter the diameter or the dimensions in millimetres instead and let WITVT estimate the weight. Set the count when several identical stones share a row.

   Stone weight is subtracted from the metal, so a 0.50 ct diamond takes 0.1 g of gold out of the calculation. Only diamonds can carry a value of their own, and only once you have set up a gem value matrix (free account). Every other stone type only reduces the metal weight.

   Screenshot coming soonThe Stones step with one diamond listedwizard-stones · desktop

   Screenshot coming soonThe stone editor with the type, cut, size and grading fieldswizard-stone-editor · desktop

6. 6

   Review and add

   The review step lists the details, the metal and the stones. Edit on any section takes you back to that step with everything you entered still in place. When it looks right, press Add to workspace.

   Screenshot coming soonThe Review step with the Details, Metal and Stones sections and the Add to workspace buttonwizard-review · desktop

7. 7

   Read the result

   You are back in the workspace, with a message that the item was added. The new card shows the name, the type line, the weight and, after a moment, the value. The total in the panel head counts up to match.

   Screenshot coming soonAn item card showing the name, type line, weight, value and the How was this calculated? buttonworkspace-item-card · desktop

   If the card says Not priced and the panel head says Needs recalculation, press Calculate updated values under the list. That is the normal state of a new workspace: Live in the toolbar is off until you turn it on, and with it on every change is priced automatically.

   Press How was this calculated? to open the breakdown. Understanding the result explains it line by line.

What next

• Add the rest. Add item at the bottom of the list or in the toolbar starts the wizard again.
• Duplicate for lots. On a computer, the copy icon on a card makes an identical item you can then edit; useful for a bag of similar rings.
• Fix a mistake. Tap a card to edit it. The pen and bin icons do the same on a computer; on a phone, swipe a card to the left to delete it.
• Print or share. Report in the toolbar opens the printable report.

The free limit

A free workspace holds up to 10 items. When it is full, adding another shows two ways on: a 30-day report pass, a single payment that lifts the limit and unlocks the full report, or WITVT Pro. Items already in the workspace are never removed.