NB We WILL pay more than scrap prices for certain Gold & Silver Items depending on demand/condition etc. Either bring your jewellery etc in to us or Tel 0121 448 0488...PHOTO ID REQUIRED

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Goldscratch

Is My Gold & Silver Jewellery Worth More Than Scrap? 

You may well value some of your jewellery items as being worth more than scrap. Deciding what gold items to sell for scrap is a difficult decision but this article has been written to guide you. After all nothing is more soul-destroying than spending huge amounts of valuable time and effort trying to sell your Gold and Silver jewellery items and meeting with negativity.

There are three main factors to take into account when deciding whether a Gold or Silver ring, necklace, bracelet etc is worth more than scrap. The first is condition,   the second is the type of hallmark and the third is market demand. 

Let's look at each of these factors in turn  

 

   

1/ Condition. 

Damaged

 Condition is everything with regard to Gold jewellery. remember that any jeweller will examine a piece of jewellery under a high-powered magnifying glass or loupe. . Gold and Silver jewellery may be scratched, chipped, misshpaen, with a worn  shank in the case of a ring or worn links in the case of a necklace or bracelet. The hallmarks can also wear down and be illegible in some cases. 

 

If the ring has stones then the condition of these stones must also be taken into account. Even diamonds can be scratched or chipped and many softer stones wear badly . Diamonds Rubies and Emeralds are the top-value stones but if they are damaged their value plummets . Diamond retailers make a colossal profit when they sell diamonds, sometimes in excess of 1000% and tiny diamond chips or very small stones have little value in today's marketplace, especially when you consider any jeweller can buy diamonds from a diamond wholesaler at a fraction of the price a similar diamond might have cost you.  

 

LoupeReturning to the matter at hand, the problem is that it costs a lot of money to refurbish a piece of Gold or Silver jewellery and you must take this into account if trying to sell privately. private Buyers will examine every facet of the item and a small scratch can make a sale difficult. At the same time you also face the ususal hassle of finding a private buyer and online selling fees (eg ebay) can be very high.  Refurbishing a stone is equally costly. 

 

 

 

2/ The Type of Hallmark

 Hallmarks1 1Many gold and silver jewellery items that you own, such as rings, chains, bracelets, necklaces etc may not be fully hallmarked. They may also have a foreign hallmark. Be aware that any type of hallmark other than a full UK hallmark makes it difficult to sell your item on to a private buyer, because only a full hallmark is proof that the purity of the gold content has been tested by an Assay office. For more information about the importance of hallmarking please refer to our gold and silver hallmarking article  Be especially careful when trying to sell Gold that has a foreign hallmark eg 14k 18k 22k or 14ct 18ct 22ct etc because in many countries around the world the hallmarking laws are far less strict than in the Uk. We have had for example Gold rings being brought in to us with a 22k mark stamped on them and they have been xrf-analysed at less than 17carat. Please refer to this article on Gold Hallmarking. If in doubt phone us on 0121 448 0488 for advice. 

 

 

3/ Market Demand.  

 DemandThe third factor is of course market demand. fashions and tastes change and many Gold and Silver jewellery items simply fall out of fashion. At the same time many people shun pre-owned jewellery ityems as they prefer to buy new.  Consider what age group would be interested in purchasing your Gold and Silver jewellery item and remember that certain older age-groups are no longer in the market for jewellery. The key purchase group by age and disposable income is currently the 35-50 age group.

Of course there is always a market for certain antique and vintage items of jewellery, especially vintage named items eg by Asprey, Tiffany, Cartier etc and these items are ceratinly not scrap UNLESS they are in rough or damaged condition. 

 

Conclusions.  

It is a given fact that you must maximise your return when you want to sell your antique, vintage and modern gold and silver jewellery. However look at all those jewellery items that you value morte than scrap and check the condition of the metal and the stones first after which you should be realistic as to the chances of the demand for the item in question being strong enough for you to sell it on. 

Remember as we say on our website ..."...Scrap Gold or Silver price is NOT bottom price!. Cash for Vintage companies not only do not publish their prices  they also offer considerably less than scrap. So if they can't re-sell your item as vintage or antique they still earn  by selling the item to companies like us .  We pay the highest prices for antique, vintage and modern gold and silver jewellery and scrap. How? We will pay even more than scrap for the right antique, vintage or modern gold or silver item and without the heavy fees charged by ebay and auction houses..."  

For more information visit our Sell Gold & Silver Antique, Vintage & Moden Jewellery Page 

 Sell Gold Jewellery & Scrap 

 OFFICEBGCGINALGold, Silver & Watch Buyers.   Sell Gold, Scrap Gold and Gold Jewellery as well as Platinum, Palladium, Silver including Silver Jewellery  &  Watches eg Omega and Rolex at the Best Prices. No charges. Tel  0121 448 0488. Post or call in Mon-Fri 9.30-3.30 

We pay the highest & best true gold & silver prices to the UK Public, paying over 25% more than jewellers. To date we have paid out c. £30million for Gold, Silver, Platinum, antique, vintage or modern jewellery or scrap & of course for watches, gold or non-gold vintage watchesNB Gold & Silver scrap prices are often more than antique dealers / jewellers / vintage cash buyers pay for your jewellery etc. Scrap gold price is NOT bottom price! Its often more than you'd get on ebay or at an auction house, after hefty fees!!  NB we don't pay gold price for metal wires, springs,strengtheners  fillers, etc.  We also buy Asian, foreign & unhallmarked Gold, which will require testing. The UK Hallmark is THE standard & UK Law. Our trained staff are ethical, knowledgeable and here to help you.  We are a UK VAT registered company. Looking to sell your gold? read our "sell your gold guide" 

 

 

Two ways to Sell Gold & Silver 

Newbgclogo11/ Counter Service. (cash/cheque/transfer) - Sell Gold, Gold jewellery, Silver, Platinum / Palladium & Watches  in person. Our counter is open from 9.30-3.30PM  Mon to Fri. Click here to sell Gold  / Silver in person.

2/  Postal Service. (cheque/transfer) - Sell gold, platinum, palladium silver &  watches by post. Use the popular safe secure trackable Special Delivery postal service Click here to sell your Gold / Silver etc by Post  or Tel 0121 448 0488

 Q. Why sell gold jewellery, scrap gold and silver to us in Birmingham?  A. Simply to cut out the middleman ie your local jeweller / gold buyer /  vintage buyer / antique dealer who buys it from you for less than scrap price, then sells it to gold buyers like us, for up to £4 a gram profit. If you have 100 grams of 9 carat  then you could lose up to £400 by not using us and double that for 18 carat. Deal direct with THE gold buyer. Customers sell gold to us from afar as Edinburgh, Cardiff, Leeds, &  London. Our gold prices are transparent and our Google reviews cannot be hidden or vetted. 

 Sell Your Gold & Scrap Gold To The Gold Buyers 

Goldpics

We buy all Gold throughout the UK. Whether gold jewellery, scrap gold, (see below) Industrial scraps  or even unhallmarked gold, we'll buy it all. Selling or thinking of how to sell your gold?  Looking for the best place to sell Gold and Gold jewellery? Types of Gold we buy include:  antique, vintage and modern Gold Jewellery & Scrap Gold, Asian Gold, Foreign and Unhallmarked Gold, Gold Bars, Dental Gold, Gold Coins and Medals, all Gold Watches, rolled gold and gold filled ,  We  buy all carats of gold ie 9,10,14,15,15,18, 21,22 and 24 carat.  At the Birmingham Gold Company we  test and buy Asian, foreign and unhallmarked  gold and pay you according to the carat . Example £100 worth of 9 carat gold would be worth £200 if it was 18 carat.

Nitonweb All Gold and Silver testing is done via two methods ie  the traditional "acid" test and via our Niton XRF analyser, the industry standard for the testing of gold, silver and platinum,  purity and carat.

 Sell  Silver To The Silver Buyers

Sil2

Want to sell Silver? Silver jewellery, Silver coins?  The best place to sell Silver? As leading Silver buyers we buy all types of silver in the UK, best silver prices paid. Silver items we buy include British & Foreign Silver coins, Silver Jewellery,  Tea Sets, Silver flatware, cutlery & industrial Silver.  We buy all grades of silver from 800 foreign silver to 925 sterling silver & pure silver coins & industrial silver.  NB  As at 02/03/2019 we were paying 20x face value for 50% coins & 40x face value for 925 or sterling coins. For more info read our silver page here....or tel 0121 448 0488.

Where We Buy Gold & Silver -  Gold Buyers

Map 2

We do not have branches all over the UK, as the overhead would reduce the price for Gold we coud pay our customers. Trade and Public customers sell gold & silver to us,  from all over the UK, cutting out the middleman and getting hundreds of pounds extra.  Gold sellers  have travelled to us from afar as  Cardiff, Leeds, Liverpool, London, Manchester Newcastle, Sheffield, Southampton, Swansea, Truro, York, Aberdeen, Dundee, Edinburgh & Glasgow . NB we also buy Gold & Silver from the EU eg France, Spain, Italy etc

Sell Antique, Vintage & Modern Gold & Silver Jewellery

Scrap Gold Pocket Watches2Scrap Gold or Silver price is NOT bottom price!. Cash for Vintage companies not only do not publish their prices they  offer considerably less than scrap, so if they can't re-sell your item as vintage or antique they still earn by selling the item for scrap. Cut Out The Middleman!   We pay the highest prices for antique, vintage and modern gold and silver jewellery and scrap. How? We don't charge the heavy fees charged by ebay and auction houses.