How and where to sell gold for cash, online and near me, in 2022

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This year, gold prices topped $2,000 per ounce for only the second time in 50 years, with hold futures hitting a record high of $2,074.60 March 8, 2022.

If you have old gold jewelry, gold coins or scrap that you'd like to get rid of, this is the time to sell.

This article explains how to find a gold buyer that you trust won’t rip you off.

Below is an overview for how to sell gold and also a look at the best ways to sell gold, including our No. 1 recommendation when it comes to selling your gold, which is the CashforGoldUSA, which pays within 24 hours and has an A+ rating with the BBB. No minimum value.

How to sell gold in 3 easy steps

1. Check the markings and make sure your gold is real.

Purity marks on gold tell you the percentage of pure gold, vs the amount of other metals mixed in the alloy. Pure gold is 24 carat, and will be marked 24K — with “K” the abbreviation for carats.

These are the carat markings on gold jewelry, and the purity of gold they represent. This stamp is typically either a carat number, such as 18K, or 12K, in the shape of a rectangle with the corners cut off, and with a number inside. Here is the meaning of those numbers:

999 = 24 karat, 99.9% gold

990 = 22 karat, 99% gold

916 = 22 karat, 91.6% gold

750 = 18 karat, 75% gold

585 = 14 karat, 58.5% gold

375 = 9 carat, 37.5% gold

A piece of gold jewelry or gold coin with an etching or stamp or hallmark that reads “18K” or “750” indicates that it is made up of 75% gold, while a “14K” or “585” mark means the metal is made up of 58.5% gold. More on selling gold coins here.

Gold bars and gold bullion are nearly always 24K gold.

How to tell if gold is real with a lighter. Hold your gold jewelry or coin to the steady flame of a lighter or oven (but not a very high heat, like a blow torch). Real gold will get bright hot after a while, but will not darken. Fake gold will darken or otherwise change color when exposed to fire. Also, if the piece is gold-plated (covered with gold, but made of other metals inside), the thin gold plating will melt, revealing the inner metal.

Test gold with a magnet. Gold is not magnetic. Using an extra-strong magnet (you can get one from the hardware store), see if your gold jewelry is attracted to the magnet. One side note, sometimes a real-gold bracelet or necklace will have a clasp that is not made of real gold, and will be drawn to the magnet, while the rest of the item will not.

Float test. Real gold will not float, and will not rust. Drop your gold into a glass of water. If it floats, it's fake.

Skin test. Real gold jewelry will not turn your skin black or green. 

2. Check the price of gold.

Gold prices this year exceeded $2,000 for only the second time in 50 years. As of , the gold resale value in the United States was at a near-record price of $ per ounce, or $ per gram.

Analysts predict the Ukraine war with Russia means gold prices are set to remain high.

You can get an estimate for the price of your gold with CashforGoldUSA's gold calculator, which factors in the current price of gold.

Gold calculator from CashforGoldUSA.

You can also find historical gold prices at Kitco.com. However, it may be futile to try to time the market and sell gold high. Cash in hand today is worth much more than waiting a few weeks or months to see if the price increases a little.

3. Seek a reputable buyer.

Look at Better Business Bureau, Trustpilot and Yelp reviews, google the company name and look for lawsuits or negative press, and ask around to friends and neighbors you trust. 

More on where to find reputable gold buyers.

Based on our exhaustive review, CashforGoldUSA.com is still the best place to sell your gold. Here’s why:

Best place to sell gold and gold jewelry: CashforGoldUSA.com

CashforGoldUSA is the best place to sell your gold — it's a legitimate, reputable online gold buyer for selling gold jewelry that is also one of the oldest in the business.

  • Pay within 24 hours
  • A+ Better Business Bureau rating.
  • 100% free door-to-door free, trackable FedEx or USPS shipping
  • No minimum value (other gold buyers only work with shipments of $1,000+)
  • Free Jewelers’ Mutual insurance up to $100,000 on each shipment
  • CashforGoldUSA's facility insured by Lloyds of London
  • Guaranteed highest price for your gold, coins and diamonds
  • Paid out more than $160 million to sellers since being founded in 2005
  • Fox Business News investigation found they pay 3X competitors:

CashforGoldUSA also pays a 10% bonus above estimated resale value for items shipped within 7 days.

Get started selling your gold with CashforGoldUSA now >>

Other ways to sell gold or gold jewelry

  1. Online gold buyers Search for “online gold buyer” and sell your gold online
  2. Local gold buyers
  3. Local cash for gold businesses
  4. Pawn shops 
  5. Coin dealers
  6. Jewelry stores
  7. Antique stores
  8. Recyclers

Emma's personal experience: How she found the best place to get cash for gold

I recently comparison shopped the same 14K, 6-gram gold chain necklace.

Four gold chains identical.

They were similar to this 16″ women's yellow gold chain for sale at Kay Jewelers for $399:

16" gold chain necklace for sale.

These transactions happened over the days of Jan. 11 to Jan. 13, 2022, when spot gold prices ranged from $1,795.36/ounce to $1,848.38.

Below is a summary of the results from my experiment:

Selling gold to a jewelry store: Low price, worst experience

I walked into a jewelry store in a nice shopping district of my small city, a place that advertised on its Yelp profile (where it is No 1. for ‘best gold buyers’ in town) that they bought gold and silver. The store smelled like cigarette smoke. Despite the fact that Omicron was raging near peak levels, neither of the two employees wore a mask. 

The worker (I assume owner) did not get up from his seat at the rear of the store, but was friendly and seemed helpful. He weighed the necklace with a digital scale and then plugged a few figures into the website he had up on his computer. He offered me $95. Thanks but no thanks, I said. Bye! 

Selling gold to a pawn shop: Decent price, quick process, have my personal info on file

I then drove across town to a neighborhood where I usually don’t hang out, to a pawn shop that had high online reviews, and a very large sign advertising cash-for-gold on its outside wall. 

After walking through shelves of DJ equipment, crossbows and Louis Vuitton sneakers in a glass case, I approached one of the two men behind the counter of the windowless building. A skinny guy with knuckle tattoos weighed the necklace and asked if I wanted a loan or cash and kindly answered all my questions:

Q: How does a loan work?

A: We pay you 50 to 60% of the value and you can get your item back if you return within 30 days.

Q: How many people sell, and how many loan?

A: Most loan — we are here if people need help paying rent or putting gas in the car until payday. We see ourselves as helping out the community. About 90% of our customers are repeat. 

He was kind, and I believed him.

Q: Why do you need my driver’s license?

A: It’s state law that we document any transaction and sit on it before we sell it, to help make sure it is not stolen. 

He offered me $110 cash.

Total transaction time was 10 minutes, Q&A included. Though now I wonder if I may be called downtown in the event a 16″ gold chain necklace is reported stolen? Hm … 

Selling gold to cash-for-gold shops: Wide variety of prices, very weird experiences

I then googled “cash for gold near me” and a top result was a business with a nice website promoting the company’s three locations around the region. I called, and the man who answered gave me an immediate quote for $153. The office was more than two-hours drive from my home so I did not drive to check out if he would honor that quote.

Instead, I drove to a cash-for-gold store in a suburban strip mall shared by a Papa John’s, a discount tobacco outlet and a Latin food market. The owner opened the locked mirrored glass doors when I knocked. He was friendly but aloof as I looked around the store that was largely barren except for an enormous wall mural of a Leprechaun and pot of gold that looked like it was painted as a middle school art project.

The owner was loud and friendly and he didn’t smile. He looked at the marking with his loupe, then tapped it with what I assumed was a rectangular magnet. “It’s fake,”  he said, shoving a bite of instant oatmeal from its disposable container into his mouth.

“What are you talking about? A pawnshop offered me $110,” I said, genuinely surprised.

“Then take it back and pop it baby! I’ve been in this business 30 years and I’m telling you — it’s fake.”

From there I drove to yet another cash-for-gold outlet that was an office next to a rental car dealership on a busy retail road. Taped, cockeyed to the glass door, was a paper printed in ink-jet that read: 

“No gold

No valuable

Never here”

Inside, through a bullet-proof window, the man again eyed the markings with his loupe and tapped the gold with his magnet. “Oh, you must have inherited this, it is very old,” he said of the very shiny, brand-new chain. “I can give you $50 for it.”

“$50?” I said, incredulous. 

“Gold is going down these days, you know,” he said. Of course, I actually do know that gold prices have been flat over the past year, and up 50% over the past 5 years. “$50 is a very good price for a small piece like that,” he assured me as he pushed the necklace back through the window's slot.

How to prepare for a recession and survive in 2022

Selling to an online gold buyer: Highest price, easiest but slower process

The same day I sent online requests to other online gold buyers.

First, I sent in a request at AbeMor.com after using their online gold calculator which cranked out a $201 estimate. While the site does not have any mention of minimum shipment value, my secret-shopping partner did within an hour receive a polite email saying that my shipment is too small/ low-value for them to waste their time. 

Abe Mor would not buy my chain.

Screenshot of online gold buyer rejecting a request to sell gold.

On one hand, I understand mailers are expensive, and it takes staff to manage what I can guess are many low-value jewelry shipments. However, I felt like it was a bit misleading, especially since I was 100% honest and detailed about what I was sending them on their intake form. Couldn't their site have rejected me before collecting my personal information? 

A follow-up email resulted in the explanation that Abe Mor would have paid about $150 for my chain, but their minimum is about $500 — or 20 grams of 14k gold at today's rate.

These are the online gold buyers I found that do explicitly have a $1,000 value minimum:

  • Worthy.com
  • JM Bullion

SellYourGold.com review

Next, my secret shopping partner sent in a request to SellYourGold.com. Their site looks great, with an A+ Better Business Bureau rating, promise of a 5% bonus payment, a price-match guarantee and up to $100,000 free insurance with my FedEx shipment — all making SellYourGold.com a leader in the gold-buying space.

However, the process did not hold up as expected:

  1. It took **11 days** for the mailer to arrive from the time it was requested. I want to be forgiving of this delay as I know the USPS can be unpredictable, labor shortages and all. But SellYourGoldUSA is located in Florida and I live in Virginia — I literally could have ridden my bike to pick up the mailer during that time.
  2. While I awaited the mailer, SellYourGold.com sent multiple emails and left voice messages extending an offer to answer questions and urging the use of the ability to print out a mailer and send in the gold chain right away — instead of waiting for their FedEx mailer which is no doubt expensive for them to send.
  3. When the mailer finally arrived, the actual intake paperwork required that the sender include documentation of their identification — a passport number, military ID or driver's license number, as well as date of birth. Felt intrusive, and like dealing with a pawn shop that questions the legality of the transaction.
  4. The chain was promptly packaged up and popped into the FedEx box the next day — and email acknolwedgement of the pickup was sent, as was an email the very next day with a link to see the offer after logging in. There had never been any requirement ro request to create a login, and attempts to create one resulted in error messages. My shopping partner sent an email explaining the challenge, and a very prompt response explained the company had technical difficulties, but he could accept or reject the offer via a phone call or email reply.
  5. SellYourGold.com's offer? $81.59 — a mere 34% of the best offer (keep reading!) and 74% of the pawnbroker!

CashforGoldUSA.com experience

That day, I requested a mailer from CashforGoldUSA.com, which arrived within three days. You can read about the details of this transaction in my CashforGoldUSA review.

The next day, I packed it up in the FedEx mailer, and stuck it in a FedEx box in my town.

Within a few hours I received an email from the company that FedEx had picked up and scanned my package, and the next morning, I received another series of emails and texts alerting me that the package and my necklace had arrived in the CashforGoldUSA Massachusetts headquarters and was being reviewed. 

Did I prefer a paper check mailed (and received within a few business days)?

Or do I prefer an immediate PayPal payment, which would incur Paypal’s standard 3% fee?

I then received the offer by both email and text: CashforGoldUSA offered me $191.97, which included their 10% bonus.

Sell gold online offer from BBB A+ buyer Cash for Gold USA.

Sold! 

I clicked the link accepting the offer which triggered an immediate payment via Paypal. 

Screenshot of CashforGoldUSA offer for selling gold.

Literally could not have been easier or quicker. CashforGoldUSA (and their sister sites CashforSilverUSA and Diamonds USA) all promote the 24-hour payment, and it was really less than that between the time I put the gold necklace in the FedEx box and getting paid. 

I could have opted to make the whole thing even easier if I had printed out the mailing label at home vs. requesting the mailer be sent to me — and could also have taken advantage of the offer to have FedEx pick up the package from my house. 

Below is a summary of the results from my experiment:

OfferProCon
Jeweler$95Local businessLow offer, gross shop
Pawnshop $110Nice people, meh offer, easyThey have my personal info on record
CashforGoldUSA.com$191.97Very easy, don’t have to leave home, transparent process, 10% bonus.
Accepts all gold and silver items. 
No quote until you send in your item, except for the gold appraisal calculator on their site
SellYourGold.com$81.59Good website, customer and BBB ratings, good communication Requires personal ID, bad tech, very low offer
AbeMor.com$0n/a Didn't do business with themDoes not accept smaller items, and minimum is not clear. 
Local cash-for-gold stores$0 to $153Could be quick cash for maybe a decent price?Can be dingy businesses of questionable integrity

While there are many reputable local businesses that can give you an honest gold resale price for your jewelry, coins, gold nuggets, bullion or other items, selling your gold online with a reputable business is usually the best way to sell gold.

Using an online gold buyer is advantageous because:

  1. Selling gold online is much more convenient than driving around to area businesses near you.
  2. Since online businesses serve customers nationally, there are more reviews and nationwide certifications and verification services like the Better Business Bureau to lend credibility and trust.
  3. CashforGoldUSA has an online calculator to help you understand their offer before you even send in your item.

An online gold buyer will make an offer based on the weight and purity (measured in karats) of the metal you send. This includes gold coins as well as jewelry: You’ll be paid for the metal value rather than a coin’s face value.

Online gold buyers can offer high prices, since they don’t have the expensive overhead of a retail store, and the competitive nature of the Internet means they are motivated to lower their fees.

Plus, you enjoy the convenience and safety of not leaving your home, and in the case of our recommended gold buyer — a 100% guaranteed highest price for selling gold jewelry, gold watches, scrap and gold coins. Get started with CashforGoldUSA now >>

Those we considered when deciding on the “best” included:

  • Liberty Gold and Silver
  • Luriya
  • Money Metals Exchange
  • SellYourGold.com
  • US Gold Buyers
  • APMEX
  • Kitco
  • JM Bullion
  • American Bullion
  • Goldco Precious Metals
  • Gold Geek

After an exhaustive review of these companies, here are all the reasons we ruled them out and why CashforGoldUSA is the best: 

  • Strong customer service focus, which is reflected in the BBB and TrustPilot ratings, as well as prompt communication through whichever communication the customer prefers: Text, phone, or email. 
  • Guaranteed highest price paid, backed up by third-party news investigations. 
  • Free shipping and insurance with a global brand. 
  • CashforGoldUSA is one of the oldest, most established and largest online gold buyers.
  • 24-hour payment is unprecedented in the industry. 

Unsure of whether to sell your jewelry online or locally, near you? Read this.

Gold value FAQs: How much is gold worth?

The resale value of your gold is based on the current market price of gold bullion but considers several other factors. The higher the percentage of gold in your jewelry or coin, the higher the value.

Gold is measured in karats, with 24-karat being the purest gold, with the highest gold melt value. Unless you have gold bullion or another form of pure gold, your gold item is mixed with other metals or alloys.

You can get an estimate for the price of your gold with CashforGoldUSA's gold calculator, which factors in the current price of gold:

Gold prices this year exceeded $2,000 for only the second time in 50 years. As of , the gold resale value in the United States was at a near-record price of $ per ounce, or $ per gram.

How much is a gram of gold worth?

Gold prices this year exceeded $2,000 for only the second time in 50 years. As of , the gold resale value in the United States was at a near-record price of $ per ounce, or $ per gram.

To visualize, a 1-gram gold bar is 8mm (0.32 inches)x 15mm (0.59 inches) x 0.4mm (0.02 inches) — or smaller than a thumbtack.

How much is 18k gold worth?

18k gold consists of 75% gold and 25% some other metal. Since it is less pure than 24k gold, you’ll get less money for an item that is 18k gold than one that is 24k gold.

To find out how much money your 18k gold item is worth, all you need to go is:

  • Look of the current spot price of gold in grams
  • Weigh your 18k gold (in grams) and multiply that number by 0.75. This will tell you how much pure gold you have.
  • Multiply that number with the current spot price of gold. 

How much is 24k gold worth?

24k gold is the purest form of gold that you’ll find. As such, you’ll get more money for 24k gold than for any other kind, such as 18k or 14k. 

In order to determine how much your 24k gold is worth, all you need to do it:

  • Look up the current spot price of gold in grams
  • Weigh your 24k gold (in grams)
  • Multiply the weight of your 24k gold by the current spot price of gold

How much is white gold worth?

White gold is an alloy that consists of gold mixed with one or multiple other metals, such as nickel. Because of this, there is no such thing as 24k white gold. But since it contains at least some gold, white gold will still be valuable. 18k white gold will typically be worth about the same as 18k gold. The same is true when comparing 14k white gold against 14k gold.

How much is 14k white gold worth? 

14k white gold contains 58.3% gold. Because gold is a soft metal, and 14k gold has less gold in it, you’ll typically find that 14k white gold will be sturdier than 18k white gold.

To find out how much your 14k white gold is worth, you will need to:

  • Look up the current spot price of gold.
  • Weight your 14k white gold (in grams) and multiply that number by 0.583 to determine how much pure gold is in the item.
  • Multiply the number above with the current spot price of gold to determine how much it is worth.

How much is 18k white gold worth? 

18k white gold contains 75% gold.

To find out how much your 18k white gold is worth, all you have to do is:

  • Look up the current spot price of gold.
  • Weight your 18k white gold (in grams) and multiply that number by 0.75 to determine how much pure gold is in the item.
  • Multiply the number above with the current spot price of gold to determine how much it is worth.

Is rose gold worth anything?

Rose gold is an alloy of gold and another metal, most commonly copper, which gives it its unique coloring. Sometimes rose gold will also contain a small percentage (2.5-5%) of silver in addition to copper. 

With this in mind, rose gold is worth as much as however much gold it contains. 18K rose gold and 14k rose gold have the same gold content as 18k gold and 14k gold, respectively. 

How much is rose gold worth?

As with regular gold, how much your rose gold is worth will depend on its karat.

18k rose gold contains 75% gold. To determine how much your 18k rose gold is worth, just find its weight in grams and multiply that by 0.75. Then, multiply that number by the current spot price of gold.

14k rose gold contains 58.3% gold. To figure out how much your 14k rose gold is worth, find its weight in grams and multiply that weight by 0.583. Then multiply that number by the current spot price of gold. 

What is the melt value of gold?

First, understand how much you will get when you sell your gold. Check the price of your gold scrap, gold jewelry, gold dental items, or other gold items with CashforGoldUSA's online gold calculator, based on the most accurate gram and ounce price of gold today >>

CashforGoldUSA's online price for gold calculator is very accurate because it automatically uses the spot gold price as of today, and calculates the resale value of your gold item based on the karat of gold, and the weight in grams or ounces to provide a gold melt price.

Similarly, CashforGoldUSA's online gold calculator helps you understand the price for your scrap gold based on today's gold price, the gram or ounce weight and karat of your scrap.

The way gold buyers determine how much gold is worth is rooted in the London Bullion Market Association, which today runs an electronic auction system called the LBMA Gold Price — recognized globally as the accepted market price for gold.

The LBMA is an industry trade association that promotes transparency, quality and ethical sourcing in gold trade.

To give you an estimate of the price you might receive when selling gold: a simple gold wedding band may bring $100 to $200, while a gold chain necklace (even a broken one), typically brings $70 to $250.

A gold crown could fetch prices between $40 and $100, depending on the gold market, and the quality of gold.

If your jewelry is a known brand like Cartier, Tiffany, Taccori or Bulgari, it will typically attract a higher price.

Selling gold FAQs: How much does gold sell for?

Gold prices have been near record highs and are poised to go up, as historically, gold prices have increased when the stock market goes down.

Gold prices this year exceeded $2,000 for only the second time in 50 years. As of , the gold resale value in the United States was at a near-record price of $ per ounce, or $ per gram.

What is the best way to get cash for gold?

Cash is king. Sell your gold to a company that specializes in buying gold and pays you the most money in cash.

Is now a good time to sell gold? Is gold good to sell now?

When the economy and stocks are unstable, prices of gold historically rise. In other words: Now is an excellent time to sell your gold!

If you have gold jewelry, coins, gold teeth or other gold items that you do not use, or do not enjoy, then you should absolutely sell your gold now. That money can be used to pay down debt, take a vacation, go towards a downpayment of a house or other useful purposes.

Even selling an old gold chain you haven't worn for years, or is broken, can mean a nice restaurant meal!

Two facts:

  1. When the stock market and other economic factors are down, historically gold prices have been steady and strong. This is no exception. Gold prices have been strong for the past decade through the start of 2022, with no signs of big drops.
  2. If you do not enjoy your gold jewelry or coins, and need the money, now is an excellent time to sell gold bullion, coins, scrap or jewelry.

Also, it may make sense to sell your gold, and buy stocks or an index fund to take advantage of the down stock market. You are essentially selling your gold high, and buying stocks or real estate low — exactly the best way to invest.

Learn more at CashforGoldUSA >>

Can you make money selling gold?

Gold has been one of the best investments over the long-term. Today, as the stock market goes down, is an especially good time to sell gold, since gold prices tend to rise as the economy and stock market go down.

How much do you get for selling gold?

Gold has set record prices in the past year at more than $2,000 per ounce, and at the current scrap gold rates, a typical wedding band will bring you between $100 and $300, depending on the weight and karat.

Where you sell your gold, what type of gold (coins, jewelry, bullion, scrap) and whether you sell online or at a location near you also affect how much money you can get for your gold. Jewelry with diamonds and other precious gemstones will also bring more. Have diamonds? What you need to know about how to sell diamonds, and the best diamond buyers — including details about selling a diamond ring.

Is it safe to sell gold online?

Reputable gold buyers guarantee safety. CashforGoldUSA insures all shipments up to $100,000 through Jewelers’ Mutual insurance, and you can track your package from door-to-door through a FedEx or USPS tracking number — all for free.

This is my personal experience with CashforGoldUSA.

When should I sell my gold? Is selling gold for cash worth it?

If you have to ask — yes, sell your gold! Again, it is better to have cash that you very much need now to pay essential bills like rent, a car note, or utilities — instead of gold coins, gold jewelry, bullion or scrap sitting in a drawer, or safety deposit box.

It can also make sense to sell gold for other investments, including stock funds in a retirement account, in real estate, or even education or a new business.

Gold selling price FAQs:

Not all gold is the same, and there are several different markets that determine the price you are quoted for your gold item.

What is a gold spot price?

The spot price is the price that gold will sell today — on the spot. The gold spot price is used by gold buyers to set the price they will offer you for your gold today.

Gold spot prices is the value of gold to be delivered immediately after purchase is called the spot price, calculated as the average net value of all currently traded gold futures for the next month.

What are gold futures?

Meanwhile, gold futures prices serve as the basis for the LBMA Gold Price, which is based on contracts for the physical delivery of a specified amount of gold on a set date in the future, and determined by predicted changes in supply of and demand, the estimated cost of transporting and storing gold.

Why does the gold price fluctuate?

Gold is like any other asset: stocks, real estate, even human labor. When there is more demand, prices go up. When there is less demand for gold, prices go down. Kitco's price of gold is one of the major trackers of gold prices.

What causes the price of gold to go up?

Gold prices go up when there is more demand for gold. Historically gold prices increase when:

  • The stock market is down
  • There is great economic stability
  • The higher the gold price, the more people tend to want to buy — which drives gold prices up further

Kitco's price of gold

Kitco is a leading gold and precious metals buyer and seller, as well as creator of precious metals commodities news. The Kitco Gold Index is a popular measure of real-time gold pricing today. Unlike the stock market, which is a dynamic marketplace, daily gold prices are set by independently owned markets. Kitco is one of these markets.

Selling gold jewelry FAQs

Gold is a simple metal found on the Periodic Table of Elements — yet it is deeply mysterious, primed for scams throughout history, and requires some basic education before you sell your gold. Here are the basics:

What is gold vermeil?

Gold Vermeil is sterling silver that has been gold-plated, typically with 22K to 24K gold. It is more common to find gold vermeil in 14K-18K.

What is “gold plated?”

Gold plating involves affixing a thin layer of gold onto the surface of another metal copper or silver, by a chemical or electrochemical plating process.

What is “gold filled?”

Gold-filled jewelry is constructed in two or three layers: The core metal is brass, and a gold alloy is then bonded to one or both surfaces of the brass core with heat and pressure. Gold-filled jewelry contains a much thicker layer of gold than plated or vermeil items and will hold up better with wear comparatively.

What's the difference between gold, gold filled, and gold plated?

Unlike plated (also referred to as “electroplated” or “dipped”), gold-filled items are legally required to contain 5% gold by weight. “Gold” items are the same gold alloy all the way through.

What is white gold? What's the difference between white gold and yellow gold?

White gold has a silver, or white metal look, and is an alloy of gold with nickel, platinum, or another metal. There is no negligible price difference between white and yellow gold. The value is determined by the amount of gold contained, not its color.

How much is my gold chain worth? How much money can I get for a gold necklace? 

Your gold chain or necklace are likely worth their weight x quality of the gold. Here is our guide to selling necklaces online

However, if your chain is made by a significant brand like Bulgari, Cartier, David Yurman or Tiffany, it is likely worth more as a whole piece. 

How much is a gold bracelet of 14K worth?

Like other precious metals jewelry your bracelet is worth as much as the weight of the gold x the karat. If it has stones, such as diamonds in a tennis bracelet, those gemstones may add value to the bracelet. Learn more about selling your bracelet online.
For other kinds of jewelry with precious metals and gemstones, educate yourself about selling jewelry online before you accept any offer.


*10% bonus offer. Customers who send in their item(s) within 7 days of receiving the shipping materials will automatically receive an additional 10 percent bonus on top of the appraisal value of their items, compared to standard pricing. Total payout may not exceed melt value of items. The 10% bonus offer is not valid or able to be combined with any other special offers.


How much is gold worth?

The resale value of your gold is based on the current market price of gold bullion but considers several other factors. The higher the percentage of gold in your jewelry or coin, the higher the value.

What is the best way to sell gold?

While there are certainly reputable local jewelers who can give you an honest gold resale price for your jewelry, coins, bullion or other items, selling your gold online with a reputable, online gold-buying business is convenient and should give you the most cash.

Should I sell my gold now?

If you have to ask, yes, sell your gold! It is better to have cash that you very much need now to pay essential bills like rent, a car note, or utilities, instead of gold coins, gold jewelry, bullion or scrap sitting in a drawer, or safety deposit box.

How do I sell my gold?

While there are certainly reputable local jewelers who can give you an honest gold resale price for your jewelry, coins, bullion or other items, selling your gold online with a reputable, online gold-buying business is convenient and should give you the most cash.

How much does gold sell for?

Gold prices are at a 7-year high. As of January 1, 2022, the gold resale value in the USA was at a near-record price of $1834.20 per ounce, or $58.83 per gram.

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11 Comments

The best place to sell your gold is online. But before selling its advisable to do research on current market price to get the best for your gold

How do I measure how much my gold weighs before I send it? What % does the company keep of the sale?

If you choose to try an online jewelry or gold buyer, check its reputation with the Better Business Bureau. Also read the fine print of its website so you understand what you’re getting into. Look for things like how much time you have to respond to an offer before the buyer considers it a done deal and how long it will take for the buyer to pay you. Take photos of your jewelry before shipping it. And send it insured with a delivery method that proves the company received it.

I have a collection of Bradford and other exchange purchased commemorative gold, silver and platinum coins that a relative left me when she died. How do you sell these? Also in the collection are 5 St. Gaudens $10 gold coins of various dates. From my research, these do not seem rare so I guess a melt value makes sense. Any thoughts?

I liked that you mentioned that gold coin bullion can be sold the same as other scrap gold and a bar is better sold to a local dealer. My aunt has a lot of coins and other gold and silver bullions that she wants to get rid of or sell. I’ll be sure to share this article with her so she can get the right price for each of her gold.

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