How to sell scrap gold for the best price

How to sell scrap gold for the best price

If you have old or broken jewellery sitting around, you may be surprised how much it’s worth. Selling scrap gold is one of the easiest ways to unlock hidden value.

What is scrap gold?

Scrap gold includes any gold items sold for their metal value rather than their design, such as:

  • Broken jewellery
  • Old rings and chains
  • Unwanted or mismatched pieces

How scrap gold is valued

The value of scrap gold is based on:

  • Weight
  • Purity (carat)
  • Current gold market price

At Spencer Bullion Exchange, we test and weigh items accurately to provide a fair valuation.

Tips to get the best price

  • Know the current gold price
  • Bring all your items in at once
  • Deal with a trusted, transparent buyer
  • Don’t accept unclear or rushed offers

Why choose a specialist buyer

Not all buyers are equal. A specialist bullion dealer will ensure you receive a price based on true market value, not guesswork.

Next step

Visit our sell page or come in-store for a free valuation and fast payment.

Selling