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How to get the Best Price for Your Gold Jewellery

Published Friday 25th November 2022

How to get the Best Price for Your Gold Jewellery

Worried about rising energy costs? Need a way to make money fast? Selling unwanted or old gold jewellery can help realise cash quickly.

But if you want to get the best price, it pays to do a bit of research. Discover our three simple suggestions on how to get the best price for your gold jewellery. 

1. Sell to a reputable and trusted business 

First step, choose who you sell to very carefully. You need to be mindful of who you sell your gold jewellery to – especially when it comes to online buyers. Look for established and legitimate businesses with a loyal customer base and a good history of positive reviews to make sure they are who they say they are.

First step, choose who you sell to very carefully. You need to be mindful of who you sell your gold jewellery to – especially when it comes to online buyers. Look for established and legitimate businesses with a loyal customer base and a good history of positive reviews to make sure they are who they say they are.

At Scrap Gold UK, we have over 20 years’ experience buying and selling gold. Making customer satisfaction our main priority allows us to take great pride in the reputation of our company; this is reflected in our Trust Pilot rating of ‘excellent’.

You can speak to us by phone or on email. And for real peace of mind for our customers, we work from a verified physical location and welcome visitors by appointment.

2. Find sellers who are open about their rates 

The next thing to look for is a seller who is transparent on what they will pay for your gold jewellery. Not everyone will pay the best price for your jewellery, so knowing the full picture when it comes to deciding on the price at which you wish to sell your gold jewellery is a key part of the process.

You can do this by looking for a seller who openly lists the prices that they’ll pay. This means you can have a good idea of the different prices that each business can offer for your gold before making the decision of who to sell to. 

At Scrap Gold UK, you can use our Scrap Gold Calculator to find a good guide on how much we’ll pay for your jewellery. The process takes just seconds and it will allow you to compare us to the different prices offered by our competitors.

We understand the value of your jewellery, this is just one example of how we strive to be transparent with our customers.

3. Know the true worth of your jewellery 

Our last piece of advice is to understand what it means to get the most out of your gold jewellery. If you want to maximise the money you receive when you sell, take care to sell to the right company – or even companies.

When you’re selling to specialist scrap gold buyers, jewellery that holds precious stones may not get you as high a price as pure gold jewellery, and some businesses will often devalue it without explaining why.

To avoid losing value on your pieces, try to remove the larger precious stones first. They won’t count towards the weight of the item when you sell to scrap gold buyers like ourselves, but other merchants might even charge you a processing fee if you leave them in.

Sell your gold for the best price

Follow these tips and you can secure the best price for your gold jewellery. Plus, when you sell scrap gold, you’ll also be giving your gold jewellery a new life because we can recycle it into something new.

Gold mining can be a major polluter and lead to the destruction of protected natural reserves. But by selling your old jewellery, you reduce the need to mine for new gold, creating a healthier cycle of gold production. Fill out our form to find out how much you can get for your gold today! Any questions? Give us a call we’ll be happy to help.

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