Welcome to WITVT
What WITVT measures, what it leaves out, the three screens you will use, and where your work is kept.
Updated
By the end of this page you know what WITVT measures, where its three main screens are, and where your work is kept. It takes about three minutes to read.
What WITVT does
WITVT (What Is The Value) tells you what the precious metal in an item is worth right now. You describe the item: its weight, its alloy or purity mark, and any stones. WITVT looks up the live spot price of each metal, works out how much of the item is actually gold, silver, platinum or palladium, and prices it. That number is the melt value.
It does this for jewelry, scrap and coins, for as many items as you like, and it shows the math behind every number. The running total of everything in your workspace follows the market.
What it does not do
- It is not an appraisal. Melt value ignores craftsmanship, brand, age and collectability. A designer ring and a plain band with the same gold content get the same number.
- It is not an offer. Buyers, refiners and pawn shops pay below melt to cover their costs and margin. See melt value versus an offer.
- It does not test your metal. WITVT trusts the hallmark you enter. A piece stamped 14K that tests at 13K is worth less than shown; an acid test or XRF settles it for valuable pieces.
The three screens
1. The workspace
The workspace is where you spend most of your time. Live spot prices sit across the top. Below them is the workspace panel: a toolbar, your items as cards, and the total. Press How was this calculated? on any card to see its breakdown.
- 1Add item
- 2Share
- 3Report
- 4Settings
- 5Clear
- 6Live toggle
- 7Calculate
2. The add-item wizard
Add item opens a short wizard: type, details, metal, stones, review. Nothing reaches the workspace until you confirm on the last step, and you can go back to any step. Value your first item walks through it screen by screen.
3. The report
Report turns the workspace into a clean, printable page: every item, its metal and stones, and the totals. Print it to paper or PDF, or share a summary by email or message from the Share menu.
Three more pages are worth knowing. Metals shows today’s spot prices and their history, Alloys lists the value per gram of every common alloy, and Coins is the catalog the coin wizard searches.
Take the tour
The tour walks you around the workspace in about two minutes. It adds an example ring, opens its calculation, and points out the report, the settings and the assistant. You can remove the example item at the end.
Where things are saved
Your workspace lives in this browser. Items, workspace settings and the Live switch are saved on this device as you work, so they are still there after a reload or a restart. They are not sent to a server, and they do not follow you to another device or browser. A private window forgets them when it closes, and clearing the site’s data removes them.
An account adds what needs to follow you around: your diamond value matrices, your profile settings and your subscription. Signing in does not move your workspace. To keep a copy of a valuation, print the report to PDF.
Next steps
- Value your first item in two minutes: the jewelry walkthrough.
- Understanding the result: what every line of the calculation means.
- How WITVT works: the ideas behind the numbers, with a short FAQ.
Related
- Value your first item in two minutes: Add a piece of jewelry step by step: type, details, hallmark and weight, stones, review, and the priced card at the end.
- Understanding the result: What each line of an item’s calculation means, why a buyer pays less than melt, what “Not priced” means, and why values change during the day.
Still stuck? Tell us what you were trying to do and we will help.
Contact us