Sell Gold, Jewellery & Scrap. Buyers of Fine Jewellery, Bullion, Watches & Silver.


Gold & Silver Calculator

Select carat/purity and enter weight
in grams for the ACTUAL price we pay.

NB Higher rates available for Gold amounts over £10,000. tel for info 0121 448 0488

Carat/Purity: Weight/Qty .:

Gold Price Validity Checker

Seen a better gold price than ours?. That takes some doing as we pay around 97% of the gold fix and sell at around 98%(No business receives more than 99% of the fix.) Reading on will help you to understand what is and isn't a genuine gold price out there

In a competitive market there are companies around who artificially inflate their offers to get an edge. In the UK Gold and Silver Buying Industries, which are unregulated at the moment, this practice is rife.

A quick trawl on the Internet reveals huge differences in the prices offered for your gold and silver BUT the wise seller can avoid the rip-off merchants by following these simple steps.

STEP 1 - CHECK THE DAILY GOLD PRICE ON THE TRADING MARKETS

The chart below is live and up to date. This is your starting point...

[Most Recent Quotes from www.kitco.com]

Note the sterling £ price is for pure or 24 carat gold and is per kilo

STEP 2 WORK OUT  THE 9 CARAT PRICE AT 100% OF THE LONDON FIX

In order to work out the Market trading price of gold per gram for 9 carat I would first divide the figure we have by 1000 ( a kilo =1000 grams) and then by 24 and finally multiply by 9

EXAMPLE

Remember the chart above is live.. On the 03/3/12 for example the price was £34,711 per kilo of pure gold

£34,711/1000 = £34.71 A GRAM  Now divide by 24 and multiply by 9= £13.01 per gram of 9 carat

Now calculate the Gold price Yourself t today's price Remember you are calculating 100% of the gold price, who could pay that? and make no profit at all?

STEP 3 TAKE-OFF THE  BUYERS MARGIN

Typically good, reputable gold-buyers buy   gold from the Public at  around 96% of the fix Any more than that they would not be in business for long. .

Now calculate the actual price you would be paid by a reputable dealer on the day by taking the price you have just calculated and multiplying it by 0.96 You are receiving 96% from us  Along with most UK Gold buyers we sell to the refiner, in bulk at 98%  We make 2%

STEP 4 THINK LOGICALLY

If you see a price way above ours then ask yourself how is that company making any money. margins are tight and any company posting a price equal to or within 3% of the fix is probably  best avoided.  There are refiners who pay the Trade this sort of amount but its bulk trading only.

 

Look around the Internet, check some of the "too good to be true prices out there and you will see some prices way above this level. Quite simply no business can survive by paying more than this £13.01 based on the kilo price in our example of £34,711

 

So what about these gold-buying companies that are posting prices above this level?

How do they make money?

Basically they fiddle you.  Just remember that you may not be getting the best deal by simply going for the highest advertised price.

Sell Your Gold Here

Sell Gold Jewellery & Bullion. 

Sell Gold, Jewellery Diamonds & Coins,  Silver & watches In Person or via Post Sell Gold & Silver jewellery, Bullion & Watches. Gold & Silver Buyers.  We pay top prices for Gold, Silver, Platinum & Palladium, Diamonds.Coins & Bullion, Jewellery& Scrap in the UK and offer even higher rates if you have more than £10,000 of Gold to sell . We also pay top prices for Watches & Pocket-Watches eg Rolex, Omega & most others, gold or not. We buy foreign & unhallmarked Gold & probate. As Gold & Silver recyclers our  prices can be 50% more than jewellers & antique dealers & more than you'd get from ebay or auction houses after hefty fees!!   

sell gold and silver bullion, bars and coins to Birmingham Gold Company

Sell Gold & Silver Bullion. We are also very keen to buy all types of Gold & Silver bullion from bars to coins including Sovereigns, Krugerrands Britannias etc. Situated in Birmingham's Jewellery Quarter, we've paid out over c.£35million to thousands of satisfied customers. We are ethical, knowledgeable & here to help you. We provide a safe & secure selling environment for you & we work right in front of you, no distractions. ie your items are visible to you at all times.  Pho 0121 448 0488 for info. . Get a Price For Your Gold and Silver

How To Sell Gold & Silver To Us 

Buyers of Gold & Silver Coins Jewellery & Scrap

 1/ Our Counter Service - Safe, secure discreet, private space. (cash/transfer). Sell Gold, Gold Jewellery, Diamonds, Silver, Platinum / Palladium & Watches in person. Open To The Public: Mondays to Fridays, 8.00 AM-1.45 PM. (NB Open for  Industrial Processing Mondays and all afternoons by prior arrangement).You can call-in or book a private appointment. No fees or charges.

 

Sell Gold & Silver by post to Birmningham Gold Co2/ Our Postal Service - Safe, secure & reliable. (cheque/transfer) - Sell Gold, Diamonds, Platinum, Palladium Silver & watches via Royal Mail's secure & trackable Special Delivery Postal Service.   Click here to sell your Gold / Silver etc by Post or tel 0121 448 0488...Customers sell gold to us from afar as Edinburgh, Cardiff, Leeds, & London & like our transparent gold prices & unvetted/unvettable google reviews.Get a Price For Your Gold and Silver Here No fees or charges NB We do not send out fancy packs. Do you know that companies charge you for this hidden in their T&Cs?

Sell Antique / Vintage Gold Jewellery

Sell a Diamond. Buyers Of & Paying The Best Prices For Large Diamonds & Antique Jewellery When you want to sell, we pay the best prices for antique, vintage & modern gold and silver jewellery & diamonds, in particular large diamonds, emeralds, rubies & of course designer & Antique Jewellery names eg Cartier . We have NO  fees like ebay & auction houses  (c30%) & if your item is worth more than scrap ie undamaged & in demand then we'll offer more.For more info please read how to sell your gold jewellery for more than scrap price  We only offer on certain items.

Sell Gold Via XRF Analysis We buy all Gold throughout the UK incl. gold jewellery, scrap gold, (see below) Industrial scraps  or even unhallmarked gold, . All Gold and Silver testing is done via two methods ie the traditional "acid" test & via our Niton XRF analyser, the industry standard for the testing of gold, silver & platinum,  purity & carat. Get a Price For Your Gold & Silver Here.

 Precious Metals Dealer, Processor, Recycler SSL protected - Gold Standard - More than 10 Years in business Buy and sell gold, silver and platinum   The Birmingham Gold CompanyTM

Precious Metals Dealer, Processor &  Recycler 

(NB WE DO NOT HAVE AGENTS/REPS/REGIONAL OFFICES)

94 Vyse St Hockley, Birmingham B18 6JZ tel 0121 448 0488 

Monday-Friday 8AM -  1.45PM

Proud to be funded privately and with the help of 

Proud to be sponsored by Funding Circle & Santander   VAT REG NO 990 7386 73

© BGC2009-2024