Sell Gold & Silver Via Our Gold and Silver Price Calculator - price per Gram
Our calculator (see above) is honest, transparent and easy to use
Our sell gold and silver calculator shows the actual price we pay for scrap gold and silver items that we buy. In contrast many companies show the spot price known as the fix on their calculators and this can be very misleading as this is NOT the price they pay. All gold and silver buyers pay a percentage of the fix and we pay one of the best prices for gold and silver in the UK and EU. Using the calculator correctly to sell your gold and silver to us as the gold buyer of your choice is very simple
1/ Sort your items into their different carats. if you can't then tell us either in person or when you send them in.
2/ For each type of carat/purity weigh your items
3/ NB If you believe your item is worth more than scrap then please call us on 0121 448 0488 and / or read below If you want a quote for your special designer or fine jewellery item incl. diamond, ruby, sapphire or emerald jewellery or Cartier, Aspreys, Tiffany etc piece, then visit our quotation page here
4/ using the drop-down box on the gold and silver calculator select the correct carat/purity and enter the weight . The price we pay for your gold and silver will appear in the box on the right of our calculator....If in doubt read the instructions below the calculator on this page and then use the links to sell to us.
Detailed Gold & Silver Calculator Instructions - Unlike some companies gold calculators this sell gold calculator shows the price we actually pay
i/ Determine the carat (gold) or purity(silver) of your item by reading our website eg
9 carat =375
the lion mark ie =925 Sterling Silver iii/ 50% coins are 500 silver
ii/ Enter the weight unless you have half-sovereigns, sovereigns krugerrands in which case you should enter the number of coins NOT weight into the correct area.
The value of your items will appear below We do not charge any fees .
NB to calculate your price in ounces enter 31.1 grams into the calculator to get the price for one ounce . 31.1 grams is a TROY ounce, 28 grams is a cooking ounce.
NB For 999 Gold Select the 22 carat price, enter your weight, get the result and then divide the result by 22 and then multiply by 24 to get our 24 carat price
Once you have your price then either...
Birmingham Gold Company
94 Vyse St, Birmingham B18 6JZ
0121 448 0488
Using an online gold price calculator? Beware of these tricks
When you want to sell your gold or silver, you want the best price for your jewellery and items, beware of these tricks from gold buyers.
The Gold Fix Trick
Be aware that many gold companies today are using a little trick to catch you out. Whilst we publish the actual price we pay on our gold price calculator many companies simply display the global market (ie spot or the fix ) for gold. They do not pay that amount as the small print reveals later, and if they did they would make no profit and therefore not be in business,but the fact is that you can be enticed by this trick and get far less than you bargained for. Always check that the price advertised is the price that you will receive for gold and silver.
The "Up To" Trick
When you want to sell your gold other companies quote an "up to" price, which is just as deceptive as the first "sell your gold to us " trick. You need accurate prices not vague guidelines promises, nor inaccurate promises. These companies quote an "up to" price only because they are too embarrassed to quote the true price they are offering for your gold. Avoid at all costs
The "No calculator / No published gold prices" Trick
Even worse some gold and silver buyers show no prices on their website making claims such as we will buy your gold and silver as items and so on. These companies are amongst the biggest rip offs in the UK and we have heard many horror stories as to how they offer less than 20% of the scrap value, only increasing their offer when pushed. if you are looking to sell gold or silver and are enticed by such a company, at least get a price from us first so you know the true value of your items. Then if you really want to send off your items to these types of companies make sure you can demand your items back when the scandalous offer is received. these gold buyers and vintage buyers don't publish their prices for a very good reason
NB The best thing to do before you read on is to give us a call on 0121 448 0488 if you believe that your item is worth more than scrap . We can advise you over the telephone
Is My Gold & Silver Jewellery Worth More Than Scrap?
Now we do pay more than scrap for certain items but please read on so you understand how it works .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
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, misshapen, 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.
Returning 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 usual hassle of finding a private buyer and online selling fees (eg ebay) can be very high. Refurbishing a stone or a shank can both be costly.
2/ The Type of Hallmark
Many 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.
The 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 items 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. Remember also that most stones in 9 carat gold are not valuable. More valuable stones are normally set in 18 carat or Platinum.
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 certainly not scrap UNLESS they are in rough or damaged condition.
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 more 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 & Modern Jewellery Page