14K means 14 karatsKarats is the measure of purity for gold; 1 karat is about 1/24 purity by mass.Therefore 14 karats is about 58% gold, the remainder probably being silver.They use silver as a filler because pure gold is too soft to make good jewelry on it's own.To get to the direct question, just because it has 14k Italy on it doesn't mean it's real. The stamps can be forged, if your not sure if it's real, take it in to your local jewlery store. Most jewlery stores will test it for you for free and then you'll know for sure. I must say this also, people if you are going to sell your jewlery, stop taking it to pawn shops. If you do just want a loan and then get it back, by all means take it to a pawn shop. But if you are going to sell it and never see it again, sell it to a jewlery store,