Where to sell my gold jewelry

Where to sell gold jewelry

If you are like most people, you might have some gold jewelry collecting dust that has significant value in its precious metals content. What most people don’t realize is that typical cash for gold dealers, roadshows and mail-in services offer only pennies on the dollar for your gold jewelry.

All Canada Gold buyers locations are pleased to offer among the industry’s highest cash payouts for your old gold jewelry. Our offices are conveniently located and offer unparalleled service with free, no-obligation testing and evaluation of your gold jewelry.

Is your gold jewelry part of an estate? We are specialists in dealing with the often difficult and sensitive topic of evaluating, disbursing and monetizing all types of gold, silver, platinum and diamonds from estates.

Browse through the different types of gold jewelry that we purchase listed below to learn more, or visit your nearest Canada Gold location.


Types of Gold Jewelry

Gold Rings

Sell gold rings

Gold rings are among the most popular types of gold jewelry available. Gold rings are worn by both men and women in many different cultures. As a source of precious-metal content, gold rings can add up quickly, as many have  fairly substantial weight, especially mens rings, and are often 14k or higher purities of gold.

All Canada Gold locations are buyers of all types of gold rings, from white and yellow gold mens rings, 14k gold rings, women’s white and yellow gold rings, and even gold rings that are set with gemstones and diamonds. Remember, if you have a gold ring with a diamond that is over .25 carats, it is best to visit a Canada Gold location with a gemologist on staff so that we can accurately grade and evaluate your diamond.

Jewelry with Gemstones

14k gold bangle with gemstonesAll Canada Gold locations are buyers of gold jewelry even if they have gemstones set into the gold. This is a question we are asked quite often, and while we aren’t able to buy most gemstones, we have methods of determining their weight and evaluating the gold content on its own.

This also means that if you really want to keep a particular gemstone and just sell the gold, just let one of our associates know, and they will do their best to remove the gemstone without damaging it.

If your gold jewelry is set with diamonds, we are happy to leave them in without deducting any weight, or if the diamonds are 0.25 ct or larger, we are able to set up an appointment with our gemologist and make you an offer to buy your diamond as well.

14k Gold Jewelry

14k Hallmark

14k gold is among the most popular purities of gold available. Most gold jewelry is stamped with its purity, which is commonly referred to as “karats”. A karat is one part per 24, so 14 karats is 14 parts gold and 10 parts other metals. This also makes it 58.5% gold, which brings us to another way to identify 14k gold. A typical european stamp on 14k gold would actually read 585, which means 585 parts of gold per 1000, or 58.5% gold.

So, to summarize, if you think that you have 14 karat gold, be sure to look for one of the following hallmarks: 14k, 14kp (meaning 14 karat plumb), 585 or even 583.

Gold Earrings

gold earringsAll Canada Gold buyers locations are pleased to offer industry leading payouts for white and yellow gold earrings. Because gold is such a heavy and dense material, gold earrings are usually fabricated to be very small or hollow so that they are lightweight and comfortable to wear. This is why it is important to make sure you are receiving the very highest payout per gram for your gold earrings.

Despite their light weight, and relatively low value compared to other gold jewelry, gold earrings are one of the more common items that we see. The reason for this is many people will lose one earring and not really have much use for the other one.

They are like socks, sometimes you can find one but not the other. If you have any mismatched earrings, just bring them into a Canada Gold location for a free estimate, they’re sure to be worth more than your old socks!

Gold Neclaces

14k gold necklaceGold necklaces and pendants are worn as fashion and religious jewelry all over the world. Gold necklaces are commonly made from white, yellow, rose gold and even tri-gold which is a lovely mixture of the three varieties. Purities range from 8k, 9k and 10k all the way through 14k gold and 18k gold. Beyond that, gold is extremely soft and not very useful as a necklace unless it is fabricated with large thick links.

All Canada Gold buyers purchase gold necklaces and pendants based on their weight and purity. For example, a 14k gold necklace contains 58.5% gold (14 parts per 24) and would be worth approximately 41% less than pure gold with the same weight.

Gold Bracelets

14k yellow gold braceletGold bracelets and gold bangles are a common form of gold jewelry that we see quite often at Canada Gold. Lighter tennis bracelets and small chains are often made from 10k or 14k gold, while heavier bangles and East Indian gold bracelets and bangles are often seen in purities of 18k, 19k or even 22k gold.

There are some types of Chinese gold bracelets that are even made from pure 24k gold, they are usually stamped with a 999. Remember that gold becomes very soft as it increases in purity, so pure gold bangles and bracelets, and even 22k gold will bend very easily.

Gold Chains

14k gold chainGold chains are commonly worn by both men and women and are often a very significant source of gold because of their weight. Some mens gold chains can weigh 200 grams or more, and while they are usually lower purities of gold such as 9k 10k or 14k, their weight can mean that a single chain could be worth thousands of dollars.

These large heavy chains aren’t nearly as popular as they used to be, so cashing in a gold chain at today’s high gold price makes a great deal of sense if your gold chain is just sitting there collecting dust.

 

Class Rings

14k gold class ringUp until fairly recently it was common to purchase or receive a gold ring upon graduation from high school, college or university. Times have changed and these big chunky rings aren’t the prized possessions they used to be, and due to their weight, gold class rings are often worth a fair bit of money.

Like gold chains, class rings are usually lower purities of gold such as 9k, 10k or 14k gold, but their weight often adds up and they can be worth hundreds of dollars or more.

The gemstones found in class rings are usually common coloured gems that don’t really have any market value. Our offices would typically remove these stones or deduct their weight before purchasing the ring.


Karat Price per Gram
1 ounce (9999) Maple Leaf Coins 1670.81/coin
9999 Canada Maple leaf, less than 1 ounce 53.72/g
24k Jewellery 40.43/g
22k 37.04/g
E. Indian/Nuggets 32.83/g
18k 30.32/g
Dental Gold (yellow) 24.66/g
14k 23.57/g
10k 16.82/g
9k 15.16/g
Unstamped Gold <10kt 12.94/g
Dental Gold (white) 10.11/g

Prices Updated: 2017-04-25, 16:07:47 PM

* In office payouts.

Silver Jewellery and Other Silver Price
Stamped Sterling Silver Flatware 0.50/g
Stamped Sterling Silver Jewellery 0.47/g
Mexican Silver stamped 925 0.40/g
Stamped 800 Silver 0.38/g
Unstamped scrap silver 0.25/g
Other silver coins 0.54/g
*Actual buying prices are based on weight of silver content, which is lower for worn coins.

Prices Updated: 2017-04-25, 16:07:47 PM

* In office payouts.

Jewellery and Other Platinum Price
Platinum (950 purity) 27.82/g

Prices Updated: 2017-04-25, 16:07:47 PM

* In office payouts.