Glad Tidings for Selling Gold in 2021

With prices in the shops remaining higher than last year, and now the emergence of the Omicron COVID variant, you might be looking for reasons to be cheerful this Christmas. High gold prices could be the silver (or gold) lining in this situation, making the festive season an ideal time to sell gold. 

Reasons for cheer 

After months of social distancing, mask-wearing and seeing inflation eat into incomes, it’s easy to think Christmas 2021 will have few reasons for us to be cheerful. However, if you happen to have a bit of gold tucked away, it could be a truly golden opportunity, especially if you’re thinking of selling it today. That’s because gold prices are close to all-time highs set in the summer of 2020. Since the first news about COVID-19 broke in late 2019, gold has gained 20 per cent in value. 

Since 2015, prices have doubled, meaning any gold you may possess will have been revalued to the upside in a dramatic fashion. After a rough few years owing to the pandemic, you might find it tricky to find anything that will have gained as much value over these years which compares to gold’s performance. Prices are attractive for selling opportunities, as a troy ounce can offer a price of almost £1,350 as of December 2021. 

Cash for Your Gold has a gold scrap calculator, allowing for near-instant valuations of gold items. All you need to know is the weight and purity, and then you can feed it into the calculator. As of December 2021, just one gram of 9-carat gold could sell for £15.52, so all you have to do is imagine what a heavier item with a greater purity could be worth. 

Selling at Christmas 

By selling with Cash for Your Gold, you’ll be choosing a buyer which has been operating in the gold markets for many years, with plenty of experience to help you with your enquiry. If you wish to ensure a swift sale of scrap gold by year’s end, do make sure to get in touch with us, as our offices will be closed for the Christmas and New Year’s holiday. Please remember to fill our Seller’s Form, when you are ready to make a sale. 

Gold comes in all shapes and sizes, but also in terms of purity. For example, we happily accept white and rose gold, both gold alloys, which still hold high value when it becomes time to sell. If you wish to avoid the long queues in the Post Office when dispatching your item, we suggest taking advantage of the Royal Mail’s collection service when mailing your item to Cash for Your Gold. 

As COVID-19 cases remain high, mailing your item from the safety of your home minimises the risk of infection and offers a more convenient way to sell to us ahead of the festive holidays. For more information about selling with us, don’t hesitate to contact us today. 

Christmas 2021 Operating Hours

Our website will remain available throughout the festive period but our offices will close from 3.30pm on Thursday 23rd December 2021 until 10am on Tuesday 4th January 2022.

Due to ongoing disruption to the postal service in some areas, your last day for despatching Royal Mail insured Special Delivery parcels for delivery to us before Saturday 18th December.

Parcels that we do not receive by 1pm on the 23rd December will be processed after our return to work on 4th January and may be held in Royal Mail storage until that date.

We will resume normal service on 4th January 2022.

We wish all our customers a Peaceful and Healthy Christmas & A Happy New Year

Closing the Golden Circle by Recycling

Since people began mining for gold thousands of years ago, it was understood that gold could be recycled in one way or another. With COP26 reiterating the importance of sustainability in all aspects of life, recycling gold is not just a passing fad, but could be a solution to help reduce carbon emissions worldwide. 

A gold cycle 

One of the biggest drivers for selling gold is often because gold prices are so high. At Cash for Your Gold, we have seen gold resting close to all-time highs in recent years, so the reason for selling is clear. However, something which also comes at a high price is the methods used by the industry which sources much of the world’s gold. The cost comes not just out of pockets but is an environmental toll. Just one troy ounce of gold produced emits almost a tonne of CO2e

Add to that the quantities of toxic waste dumped just to produce such a small amount of gold, and you realise the scale of the issue. Alternatively, by selling scrap gold, you help increase supply and reduce the need for having to mine more gold out of the ground. Not only do you benefit financially from selling, but you reduce the demand for more mining. Unlike some commodities, gold isn’t consumed and irretrievably lost in the process, and so demand dynamics are different. 

If needs can be met with existing supplies through recycling, we can move closer to a world with lower emissions and fewer harmful chemicals released into the environment. There are signs that recycling is already a popular habit in the gold markets: 28 per cent of all gold supplies came directly from recycling alone in 2020. Imagine how much better things could be if we recycled more. 

Selling with Cash for Your Gold 

At Cash for Your Gold, we know the different shapes gold can take in the path towards being sold and recycled. Gold fillings, old coinage or jewellery, or even a bullion bar. One of gold’s best attributes is its longevity: it hardly oxidises, so no matter how long you’ve held some gold for, it will have kept its shine over the years and can be melted down easily into something brand new. 

We accept items made from not only high-purity gold, but also gold alloys such as white and rose gold. With prices as high as they are currently, demand is high and by selling today, you could help meet that demand with gold which could be recycled. In this way, your gold can become greener and help us all keep emissions down as we enter an era in which carbon neutrality is the ultimate goal. 

To learn more about selling gold and how to recycle it today, why not get in touch with us? Cash for Your Gold has facilitated sales of scrap gold for a number of years and will be happy to help with your enquiry. 

Copyright: bashta

What is Your Silver Coin Worth?

Silver coins are some of the most popular items for sellers to post off to Cash for Your Gold, but you need to know what you’re sitting on before considering selling silver coins. Not all of them were minted the same, and as you will discover, this can have a substantial impact on purity and overall value. 

Pure history 

If you want to know how far back silver coinage in the UK goes, you have to open history books and look to the Middle Ages. In those days, silver coins were often minted using the highest purity of the metal available, but this had its drawbacks. Pure silver is easily damaged and suffers from wear and tear, meaning mints had to start reducing purity gradually to make coins more durable in the long term. As a result, for much of English history, you would expect high-purity silver coins to consist of 92.5 per cent silver and the remainder would be made up in copper. 

This gave such coins 925 purity status, highly respectable, yielding prices at the higher end of the range. For centuries, legal tender was struck in this way, with various kings and queens ruling with coins bearing their image, with this silvery coinage produced along the way. However, it was all change in 1920, when rising prices forced a fundamental rethink in how silver coinage was produced. From 1920, purity was reduced to 50 per cent silver, with manganese and lower traces of other metals, to keep coins strong but somewhat silver-based. 

By 1947, silver was removed from virtually all coinage, severing a link to the country’s past. Modern coinage which has that silvery appearance might give you the feeling that silver has made a return, but don’t let it fool you: modern coins are typically nickel-plated steel. While the pre-1920 vintage of silver coins are as close to pure silver as you can hope to get, standard modern silvery coins in your pocket are best left as spare change rather than something worth selling. 

Selling silver coins 

As mentioned, purity of silver coinage dropped off from 925 to 500 between the pre-1920 era up until 1947. As with all precious metals, the higher the purity, the higher the price your items are expected to attract. If you wish to sell modern silver coinage, it’s likely to stem from specialist mints rather than modern legal tender. For example, a single gram of 925 purity silver would attract a price of 44p, whereas a gram of 500 purity silver drops the price down to 24p. 

While gold coins are of higher value individually, silver coinage is best when sold in bulk. If you have a good idea about the coin’s purity, it’s possible to get a near-instant free valuation from Cash for Your Gold, using our scrap calculator, which can be found on our homepage. It pays to keep an eye on silver prices first, just to make sure the price is right to ensure maximum returns when you do decide to make that sale with us. Our Live Silver chart keeps you posted about the twists and turns in the silver market. 

It can be tricky to assess the precise worth of coinage without an expert’s eye to take a look, which is why Cash for Your Gold is always happy to help. If you wish to make a sale or learn more about your coinage, give us a call on 01902 623 253. 

Platinum and Palladium Offer Extra Value

Nothing can quite beat the shine of gold or silver for understandable reasons, but with only so much of both metals to go around, it’s easy to see why it’s worth looking into the other precious metals. Platinum and palladium have shown increased interest from both buyers and sellers, so it pays to see what you might have in this regard, and see what items might be worth. 

Alternatives to gold and silver 

Platinum and palladium might not be so familiar to most, but they are still highly regarded precious metals, certainly on the precious metals market. Both metals have their uses in technology, as part of catalytic converters, electrode components as well as forms of jewellery. 

Wedding bands are some of the most popular uses for palladium and platinum when used for jewellery. Otherwise, their use in catalytic converters uses up much of the world’s supplies, and this industrial usage goes some of the way towards explaining how the prices for these respective metals are impressively high. At Cash for Your Gold, we can offer up free, almost-instant valuations. 

Using our platinum and palladium scrap calculators, you can get an estimate for the price you could get for a respective item. For example, one gram of 950-carat platinum could yield a value of £17.71, while palladium items weighing a single gram with a purity of .999 could garner a price of £45.42 at current rates. 

Devil in the detail 

To the naked eye, platinum and palladium scrap items might look identical, but we know better. For example, palladium wedding bands exude a silver-white shine but are actually subtly darker than platinum ones, and slightly more durable as well. Believe it or not, but while gold is rare in itself, palladium is even rarer, by 30 times. 

Platinum is 15 times rarer than gold by comparison, suggesting that both these metals can be useful alternatives for scrapping if you’re looking for ways to sell jewellery for the right price. It might be easy to find an old ring and assume it’s white gold, but it could actually be either palladium or platinum, meaning it could be worth a whole lot more if you sell to Cash for Your Gold today. 

We’re experts in facilitating sales of such precious metals, as it’s something we’ve been helping with for years. If you wish to make a sale today, make sure to fill in this easy-to-use Seller’s Form. Prices for palladium are especially attractive for selling in the current climate, as they remain twice as high as they were as recently as 2018. 

If you are keen to make a sale at some future point, but need some more information about selling platinum or palladium, get in touch with Cash for Your Gold by calling 01902 623 253 today. 

Recycling Makes the Yellow Metal Greener

How green is your gold? As with many metals, gold comes at a price beyond the one you pay to vendors. That price is also environmental, but the yellow metal can actually be produced in a greener way, so long as we keep recycling it more often.  

Coming around again 

According to the World Gold Council, 28 per cent of the world’s gold supply was sourced from recycling, equivalent to almost 1,300 tonnes in 2020. As overall production of gold fell by four per cent but recycled gold supplies grew by one per cent, the latter managed to increase its share of the overall gold supply last year, boosting the prominence of recycled gold overall. 

The increase in recycled gold supplies came amidst gold prices being at all-time highs in 2020, meaning more gold changing hands which wasn’t straight out of the mines. Gold benefits from being an easily-recyclable precious metal and generations have perfected ways of melting it down and finding a better use for gold in the moment. 

With only so much gold going around and mining having a detrimental impact on our environment, it only makes sense to make do with what we already have. One paper suggested that buying gold from a recycling facility operating to a high standard with reliable material origins would be considered 300 times better for the planet than sourcing gold through primary production alone. 

Going for gold 

The Tokyo Olympics this summer highlight just how gold can be recycled from right under our noses, with medals made from gold sourced from discarded smartphones. No matter what shape or size your scrap gold might come in, there’s always potential for it to be sold and recycled into something new and exciting for a future buyer down the road. 

Gold is like a chameleon of the precious metals world, changing to match the requirements of any given environment. With early uses for coinage and jewellery, gold is also often found in the form of bars or coins. What new form could your scrap gold take when it’s sold and melted down this time? 

If you sell with Cash for Your Gold, you could make £15.20 from just one gram of 9-carat gold, reflecting how gold is highly treasured at present, despite prices having peaked last summer. We’re specialists in facilitating gold sales, and as we operate digitally, our prices allow you to make the most of what gold you may possess. 

Selling is easy: just fill in this simple form, and to save queuing at the Post Office to send it, why not request a collection from your doorstep? Search ‘Parcel Collect’ to access the Royal Mail home collection service. Tracking allows you to send your item to us discreetly and safely. If you wish to enquire further about selling gold today, call us on 01902 623 253. 

Operational Update

Our offices will be closed from 3pm on Friday 30th July until 9am on Monday 9th August, to give our hard-working team a break after another very hectic period.  

We operate with a very small team and rather than rotating individuals onto annual leave and putting more pressure on the remaining staff members as a result, we have decided to close our offices for a full week so that everyone can get some much-needed rest and the opportunity to re-connect with family and friends as lockdown measures are now starting to ease. 

We have timed the closure to minimize disruption as much as possible. Whilst we apologize for any inconvenience caused by the holiday closure, the wellbeing of our staff members and our ability to continue to provide outstanding service to our customers in the months ahead are of great importance to us.  

As our offices will be unoccupied, please do not send items to us for delivery during the closure. Mail will not be delivered to us during this period and will be held in Royal Mail or courier depots until our return. 

Wishing all of our customers a peaceful and healthy summer. 

The Team at Cash For Your Gold

11th December 2020

As the latest Covid Lock-Down in England adds to the restrictions that are already in force, to varying degrees, in all parts of the United Kingdom, we wish to re-assure our customers that we are still open for business.
We have very strict protocols in place to keep our members of staff safe in the workplace and business continues, albeit not as usual.

We are still receiving packages sent to us by insured Royal Mail Special Delivery and for higher value sales we are able to make Covid-secure arrangements to receive personally delivered consignments, strictly by appointment only and subject to compliance with our protocols. Please call for details if you wish to visit us to sell items.

For clients that are self-isolating or unwilling to visit a Post Office, the new Royal Mail Collect service may be of interest. It is now possible to have insured Special Delivery parcels collected from your home or workplace by Royal Mail for a small additional fee. Visit Royal Mail Parcel Collect Service for details. (Select large letter or small parcel, depending on the weight of your items and select Special Delivery service with an insurance level that covers the contents.) We strongly recommend that a tamper-proof Royal Mail Special Delivery pouch is used when sending precious metals through the post. These pouches are available free of charge from a Post Office. If you are unable to access a Post Office to collect a pouch we will be happy to post a selling kit out to you, just give us a call.

The recent news that a Covid vaccine could be available in the near future seems to have given the Nation a glimmer of hope that 2021 could see the lifting of many of the restrictions that we are currently enduring. We all hope to see improvements in the situation which will allow as social a Christmas period as possible.

In the meantime, please follow the rules that apply to your particular area and Stay Safe.

The Team at Cash For Your Gold

Secondary Gold Coin Market is Thriving in 2021

Cash for Your Gold has noticed a particularly impressive rise in demand for gold coins of late. In a world of lockdown restrictions, economic turbulence and sheer uncertainty pervading, it’s understandable that demand for one of the most precious safe havens has risen in the last year. Now, we believe it could be an opportune time to sell. 

Mints struggle to keep up 

Gold mints can only satisfy demand so long as supply can keep up. Gold coins come in all different forms: Sovereigns and Britannias if you’re more UK-oriented, whereas Krugerrands and American Eagles are more common overseas varieties. Whichever gold coin found its way into your possession, they are all incredibly valuable, especially after last year’s pandemic bounce. 

Gold prices hit all-time highs in 2020. Supply has been constrained through restrictions imposed by the lockdowns, and suppliers such as the US Mint reported earlier this year that demand for gold coins spiked by 258 per cent in 2020. For prospective buyers, the main gold coin market simply no longer cuts it. However, if you have a gold coin you wish to sell, you’ll be pleased to know the secondary gold coin market is thriving, and buyers are eager to help facilitate a sale. 

Cash for Your Gold has been helping do just that for many years, and our prices are attractive to sellers, as we are a largely digital-based business, meaning overheads are lower than would be the case with other gold buyers. 

The price is right with us 

Not only are prices attractive for selling right now, but we are, depending on the condition of the coin, in a position to offer 100 per cent of its spot price, if you wish to sell with us. That’s because demand for these coins is just so high, and your ability to help satiate demand for these much-sought-after coins will be greatly rewarded. 

We offer a free-to-use Gold Scrap Calculator, if you wish to get a more quick-fire valuation in the safety of your own home. All you need to know is the coin’s purity and weight, and a valuation should be computed easily. For a more in-depth valuation, we can always arrange a video call if you wish, to allow us to see the item and make assessments as to its potential value. 

Gold coins hold tremendous historical value, and are some of the most-prized items by collectors willing to offer substantial sums to acquire them. We can be in a position to facilitate sales, to help you realise the tremendous value of your coins at long last, unlocking a much-needed cash boost just in time for the summer. If you have a gold coin and wish to cash in on the great gold rush of gold coins, don’t hesitate to call us on 01902 623 253. 

Copyright: cmspic / 123RF Stock Photo

Post-Lockdown Era Looks Bright for Selling Gold

Understandably, money has been tight for many in the last year or so. Markets took a hit, and many of us have that bit less disposable income than we expected as a result of the pandemic and the lockdown that ensued. 

However, gold could be a great tonic to boost your cashflow, if you time a sale for this summer. That’s because prices remain elevated, after a price boom over lockdown. 

Selling at near-all-time highs 

When it comes to selling gold, Cash for Your Gold can see a compelling argument to be made for doing so in the current climate. Having doubled in price between 2015 and 2020, gold prices remain steady but elevated this year, meaning you can expect to make more from selling any gold items in your home than at virtually any time in history. 

According to our very own Gold Scrap Calculator, a single gram of nine-carat gold could yield as much as £15.24 if you sell with Cash for Your Gold Today. We accept items ranging from old chains, jewellery, rings coins and plenty of other gold items that many of us have hidden away in our cupboards. It’s no secret that you could be sitting on a literal fortune, depending on how much you find and if you choose to sell your gold today. 

Subject to condition, we also have a special offer, paying up to 100 per cent of the gold rate on an array of gold bullion coins at present. Gold and silver coins are often passed down through the family from generation to generation, and can be some of the most valuable items suitable for selling in the current climate. 

Secure sales today 

Cash for Your Gold offers a secure and easy way to sell scrap gold at times like these. To get started, just fill in this Seller’s Form with all the necessary information. When it comes to sending the item by post, we strongly advise using the fully insured Special Delivery via Royal Mail’s collection service straight from your front door. This saves you having to spend precious time in the queue at the Post Office. 

Not only that, but the Royal Mail allows you to track your package until its safe arrival at our headquarters, where we can analyse your item and present you with an offer. If you accept the offer, payment can be processed with minimal fuss, giving you that much-needed cash injection, allowing you to spend as you wish, as lockdown restrictions ease. 

The lockdowns during the pandemic have been hard on all of us, but there are finally glimmers of light. Having that bit of extra cash could go a long way to helping you celebrate as venues re-open near you in the coming weeks, assuming the government’s lockdown timeline remains on track. 

For more information about selling gold with Cash for Your Gold today, call us on 01902 623 253. 

Getting the Right Cash for Your Gold and Silver

Rising demand for precious metals from both buyers and sellers in the past 20 years means that there is growing interest in the authenticity of items being exchanged.

Cash for Your Gold has seen many things over the years.

One phenomenon we have observed is the prevalence of items which are purported to be gold, only for further scrutiny to reveal that they are far less dense than they ought to be or that they are electroplated. It’s easy to pass items off as gold in a superficial way, but we know how gold and silver should behave, so here are some things to keep an eye on, when you decide to sell.

Find your certification

Gold and silver coins are popular candidates for being made counterfeit or being passed off as false gold and silver. Electroplating allows manufacturers to reduce production costs, coating less valuable metals in a superficial layer of gold. It might fool someone at first glance, but density is impossible to fake. Gold atoms are densely packed together, meaning false gold items are often far less heavy than they should be.

To make sure your gold coin is authentic, a certificate of authenticity is helpful, as this helps identify its origins and guarantees the dealer was reputable. Gold prices are close to all-time highs, and you don’t want a nasty last-minute surprise as you prepare to sell. Cutting corners might mean you didn’t pay terribly much to acquire your item at first, but it could mean trying to sell it will hit a brick wall eventually.

Other warning signs about your item could be if it shows unusual signs of fading, or the seller offered the item as being ‘enhanced’ by gold. The point is simple: true gold doesn’t need enhancing, and such a term suggests the item wasn’t pure gold to begin with, detracting from the item’s value from the offing.

Check your item out

Cash for Your Gold is in a position to help you assess whether your item is true gold or silver. We know the signs to look out for – hallmarks, density and other classic characteristics associated with proper gold and silver items.

If you would like a professional opinion, we can arrange a Zoom consultation to assess your item over video call. In addition, you can send the item to us so we can examine it ourselves using the necessary metrics and equipment.

Questions over the purity of gold and silver items might persist, and you shouldn’t ignore valid concerns about your items being what you hope they are. Give us a call on 01902 623 253 to hear from professional experts in the world of precious metals today.