Finance Your Summer Holiday with Cash for Your Gold 

At Cash for Your Gold, we offer the best prices online for your scrap gold. With our competitive prices for scrap gold, you could finance your summer holiday, which is proving tricky for many Brits during this time of high inflation. 

The cost-of-living crisis means that many Brits are struggling to book a summer holiday for the third summer in a row after two years of COVID-19 enforced stay-at-home regulations. So, why not sell scrap gold today? 

Scrap gold – what we buy 

We have been buying scrap gold for many years, building a reputation for secure, fast and transparent payments along the way. 

We buy a range of items in the following forms of precious metal: gold, silver, palladium and platinum.  

The items we buy include jewellery, such as necklaces, bracelets, rings and earrings. We also buy medals, statues, old watches and dental gold. Discover the full list of items we buy

Whether you have unwanted jewellery gathering dust at home, or have inherited a coin collection, but have no interest in gold coins, we will offer you some of the best prices for scrap gold available online. 

Check the latest gold prices 

When looking to sell scrap gold, you can make the most of your sale by timing it just right. To do this keep a close eye on our live gold price charts. We update our live price data every five seconds to give you the most up to date information possible at your fingertips. 

With this information to hand, you can wait until the price is at a point you are comfortable with. 

Gold prices fluctuate constantly, so don’t underestimate how frequently prices change. Currently the gold price is plateauing to a degree. Across the last decade, however, the price has generally trended upwards, and for long periods it has risen sharply. Moreover, the price of gold tends to rise during times of economic strife such as now, meaning you may want to check our prices regularly before making a sale. 

How it works 

Just follow these three simple steps. 

  1. 1. Weigh and value your items  
    Firstly, determine the purity of your gold, which should be marked clearly on most gold items. Then weigh your items using a set of scales. By entering the weight and purity of your items in our scrap gold calculator we will determine a current guide price. 

  2. 2. Securely pack your metal 
    We recommend packing your items in a secure jiffy bag or similar. Once your items are physically secure print and fill in our seller’s form. When you are ready to send your items you can do so in complete confidence. We recommend posting via Royal Mail Insured Special Delivery to ensure your sale is not compromised if your items are lost in the postal service or damaged in transit. 

  3. 3. Receive your payment 
    You will receive payment within 24 hours of us receiving your parcel – via transfer directly to your bank account. 

Sell your gold for cash 

Ready to make a sale? If you are happy with the price we offer, you can sell your gold now. If you have any questions or would like us to value your gold for you, please get in touch with us

Gold Price Highs act As Inflation Buster in Cost-of-Living Crisis 

Rishi Sunak announced on May 26th that inflation was causing “acute distress” to Britons. Speaking to Reuters the Chancellor commented that he expects the Bank of England to “take decisive action” to ease the pressure on consumers who are facing ever increasing prices. 

This seemingly positive statement might go some way to providing hope to those struggling to pay the bills, but a politician’s promise doesn’t put food on the table in these trying times. 

Instead, many owners of gold are considering selling unwanted items to ease the effect of the cost-of-living crisis on their household bills. In this article, we will discuss whether now is a good time to sell gold to get some relief from increasing costs.  

Gold price rises as cost-of-living crisis deepens 

Gold started 2022 on January 5th at £43 per gram. As of the time of writing (March 26th), its price has risen to £47 per gram, so, the price of gold has increased 9% since the beginning of the year.  

If you had 5 grams of 24 carat gold to sell at the beginning of the year, you could have made  a profit of £215. However, if you made the same sale at the time of writing, you could net £235. By waiting until the gold price increased, savvy sellers could realise a £20 profit, and the more gold you have to sell when the price is high the more you can stand to make. 

How to sell scrap gold 

Selling scrap gold with Cash For Your Gold is a simple process, whether you have some old unwanted jewellery gathering dust, or recently found a collection of gold coins when spring cleaning the attic.

We accept most forms of gold including jewellery, gold coins and bars as well as dental gold. And we don’t stop at gold, we also accept silver, platinum and palladium, perhaps you have an unused silver cutlery set in the back of your living room cupboard? For a full summary of what we buy click the link.  

The first step to selling your unwanted scrap gold is to input its weight and purity into our simple to use scrap gold calculator. As an example, if you have 5 grams of 9 carat gold you’re willing to part with at the time of writing you would be able to collect £84.10 for your sale. 

We also accept face to face appointments in our head office in Wolverhampton. However, we do require a confirmed appointment before welcoming you to our office. Simply call us on 01902 623 253 to make an appointment.  

Sell scrap gold in 3 simple steps 

  1. 1. Weigh and value your precious metals 
    Start by locating the purity of your gold, which should be easily visible from the hallmark. If you are unsure of the purity of your gold, feel free to send it to us and we will determine its purity using special grading techniques. 

    Once you know the purity of your gold calculate its value using our precious metals calculator. 

  2. 2. Post your metal securely 
    You can either choose to post your metal securely through the Royal Mail or organise a home collection by Royal Mail, if you’d rather not leave the house. We recommend you select Insured Special Delivery to ensure your items reach us securely if you choose to post your precious metals. 

  3. 3. Receive payment in 24 hours 
    As soon as we have evaluated your items, we will make a payment to your chosen bank account, usually within two hours.  

    If you have any questions about selling to us, please don’t hesitate to get in touch, we’ll be more than happy to help. 

Gold Coins Remain Popular in Bullion Markets

The age of using gold coins as a form of currency might sound like a story from an old book, but it was a lived reality only a few generations ago. Gold coins are a remarkably easy way of putting wealth into gold and while you rarely see them used for spending purposes, demand for them remains high on the open markets. 

Sovereigns as top coins 

Gold Sovereigns from the reign of Queen Victoria typically weigh 7.98 grams, and are divided into three distinctive chapters of her life: the Young Head portrait, which was in use until 1887; the Jubilee Head portrait commemorating her Golden Jubilee from 1887 onwards; and the Old Head or Veiled head, from 1893 until her death in 1901. The coins currently attract a price for their gold content in the region of £300.. 

One of the most popular coins to consider, if you wish to sell gold and you have any in your possession is Gold Sovereigns. Many of these have been minted over the last 150 years or more, most of which are likely to bear the portrait of Queen Victoria. Her reign, which lasted over 60 years, means there are a wealth of these coins offering a tangible record of this period in British History. 

If you ever have a gold item and need a quick and easy way to get a valuation, Cash for Your Gold has a free-to-use Gold Scrap Calculator. This allows you to get a simple price for what your coin could be worth; all you need to calculate this is an idea about the coin’s purity and its weight. 

Gold Britannias are another popular gold coin minted in the UK, depicting Britannia herself, holding a trident and shield. This iconic gold coin is often found in a variety of weights, from tenth of an ounce to full troy ounce coins, which can attract a price roughly close to the spot price of gold per troy ounce (£1,300 per troy ounce as of September 2021). 

Other coins to consider 

Gold Sovereigns and Britannias aren’t the only coins popular with gold coin enthusiasts which you can sell for a respectable price. South Africa has been minting coins known as Krugerrands since 1967, as a means for individuals to store their wealth privately in gold. These coins were notoriously hard to come by during the 1970s and 1980s, as this was at the height of the apartheid era, when countries actively blocked the import of such items from South Africa as a form of boycott. 

As with Britannias, Krugerrands are often minted as single-troy-ounce coins, but buyers often happily look for the smaller-weight varieties of such gold coins, as they offer an easy jump-on point for entering the bullion market. No matter how big or small your gold coin may be, it is highly likely to attract a good selling price, but you just need to find the right people to sell to. 

Cash for Your Gold is here to help facilitate such sales of gold coins. We have extensive knowledge of such items, offering valuations and consultations to help ascertain what your item could be worth.  

If you have a gold coin you wish to sell but need this expert opinion, don’t hesitate to 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.

Give Yourself a Golden Christmas Boost in 2020

The dreaded R-word – recession – is back in the headlines, spelling tough times ahead for the UK. Many of us are really counting every penny, but did you know that scrap gold could be just the ticket to getting a much-needed cash boost this Christmas?

It all starts with coming to Cash for Your Gold, and seeing our market leading prices for your scrap gold items that we have to offer, this festive season.

Dreaming of a gold Christmas

Times are tough, but that’s precisely why scrap gold could be so valuable this year. Cash for Your Gold has been tracking gold prices in 2020, and we’ve seen prices rise to an all-time high of over £1,500 per troy ounce this summer. Follow the story of rising gold prices this year, using our Live Gold Price tracker here.

As a result, this feeds into higher scrap gold prices across the market. Finding the right price matters, so that’s why Cash for Your Gold is worth turning to. Unlike many buyers, our work is highly digitised, meaning lower overheads and higher scrap prices on offer than others.

If you’ve found a bit of scrap gold in your home over lockdown, and are in need of some extra cash this Christmas, now could be the perfect time to sell. Use our Gold Scrap Calculator to see what your item could earn today – all you need is to have an idea about the weight and purity as measured in carats.

For example, just one gram of scrap gold, with 9-carat purity, could make as much as £16.19 – it doesn’t take much to imagine what you could make with a heavier item with even higher purity.

How to sell with Cash for Your Gold

Selling with Cash for Your Gold can be stress-free and easy. Please note that for this festive season, we will briefly pause receipt of gold scrap items, so make sure to send them through by 17th December 2020, to avoid delays.

It helps to ensure items are sent via Royal Mail Insured Special Delivery, to allow items to reach us safely. When you’re ready to make a sale with us, make sure to fill in this SSL-encrypted Selling to Us form. To avoid having to leave home while pandemic restrictions remain in place, why not use the Royal Mail’s online collection service, for a safe and speedy delivery?

If you have any queries about scrap gold or wish to make a pre-Christmas sale, call Cash for Your Gold on 01902 623 253 today. Our team will be ready to would like to wish you a merry Christmas for 2020 and a happy 2021.

7 Tips For Selling Your Gold

As gold continues rising in value, more and more websites are popping up offering to buy your gold. If you have some gold you want to sell, you may be wondering where you should sell, who provides the best value, and how to know which buyers to trust.

Deciding where to sell and how to get the most value can be difficult, so we have put together this article to give you the best advice.

1. Is Now a Good Time to Sell Gold?

This is as much a personal question as it is an economic question. If you wish to sell your gold in order to purchase something, to go on a holiday, or even just to get some cash to keep your monthly finances buoyant, then that will outweigh any economic outlook.

However, the current economic situation is very good for gold. See the chart below:

As you can see in the chart, since January 2020, gold has rapidly risen in price, hitting all-time annual highs. So there has never been a better time to sell gold.

2. How Much is My Gold Worth?

If you would like to sell your gold, we recommend getting multiple valuations. The jeweller on the high street may be one of the best known chains, but they may not offer you the best price for your gold. found that high street cash-for-gold shops compared poorly to jewellers and pawnbrokers. While online gold buying services are found to provide the best value.

Selling in a shop is no faster than buying online. Cash For Your Gold can post you a cheque within 24 hours and can deposit money into your account within 2 hours.

3. Where Should I Sell My Gold Online?

There are many places where you can sell your gold online with new websites appearing all the time. What is important is that you find a place that is reputable and reliable.

Some websites try to force people to sign up before offering a quote. We make it easy for you to see how much your gold is worth thanks to our gold calculator on the left side of the page. You can also compare our rates with those of other gold buyers, giving you the information you need to choose the best place to sell.

It is important to scrutinise the price offered by gold buyers because many add in commission fees or administration fees, meaning you do not receive the full amount offered. At Cash For Your Gold, the price we offer is the amount you get.

4. Who Is Trustworthy?

The best way to find out whether a gold buyer is reputable is to check for reviews. You can search Google to find out what experiences other people have had, and you can search sites such as Trustpilot. We are rated as excellent on Trustpilot, find out more here

5. Word of Mouth

We find that a lot of our customers do our marketing for us by word of mouth. It’s usually a recommendation given to friends or family about our quality service and quick turnarounds.

Word of mouth is important for businesses because people value the opinion of their friends and family more than website reviews. They can often tell us more, too, because we can learn about the whole experience from start to finish.

This is why we recommend asking around and finding out if any of your friends or family have bought or sold gold. If so, ask them about their experience. How easy was it? How long did it take? Would they recommend them?

6. How is the Value of My Gold Decided?

The value of your gold is based on two things: the purity and the weight of the gold. In jewellery, the purity of gold is measured in carats (ct), which range from 9–24 ct. The higher the carats the higher the purity.

The market price of gold, like all commodities, fluctuates constantly. Depending on how much you wish to sell, these fluctuations could significantly reduce or increase the amount of cash you receive. We lock-in the market rate for your gold as soon as your item is received — simple and fair.

7. Where Can I Get the Best Price for My Gold?

At Cash For Your Gold, we offer the best rates online. Our prices are transparent: just enter your gold’s weight and purity, and you will instantly get a quote. 

We are consistently rated 5 stars on Trustpilot for our high quality and efficient service.

Everything can be confirmed and paid within 24 hours of posting your items. This means the cash for your gold can be in your pocket by this time tomorrow.

Find out more here

Only Sell When You Are Happy

Selling gold can be a complicated business — we should know, we do this for a living! But like anything in life, we should only make a decision when we feel comfortable and confident in what we are doing.

The information presented in this article is to make you a more informed seller by improving your knowledge about gold jewellery, gold dealers and gold prices.

Armed with a greater understanding of gold, you are now able to make a more informed choice about where you want to sell, ensuring you get the best value possible for your gold.

Silver is on the Move… Is Now the Right Time to Sell Silver?

Out of all the precious metals, gold often steals the headlines due to its high demand and value. However, in July 2020 there has been a surge in the demand for silver, pushing the metal’s price to its highest level in recent times. So is now the right time for you to sell silver?

Why is there a rise in demand for silver? 

As reported by the Wall Street Journal, silver prices have soared 66 per cent since their lowest point in March 2020, priced at $19.50 a troy ounce in New York. Experts believe that the silver market will explode at any minute. So, what has caused this rise in demand? 

There are various factors that have contributed to this rise in the silver price. A historically high number of physical silver purchases made through exchange-traded funds (ETFs) have been recorded throughout the last few months. Not only is silver generally seen as a good investment, particularly during an economic downturn, it is also very much in demand as an industrial metal and acts as a vital component in the creation of batteries, thermal and electrical conductors and technology devices. 

Following the relaxation of lockdown restrictions, the industrial sector has been able to reopen factories and begin the return to pre-lockdown production levels. It is therefore unsurprising to see the increase in demand in conjunction with the economic downturn and the recent increase in industrial production levels. 

A golden opportunity? More like a “silver” opportunity

There is no telling how long this increase in demand will last, so capitalising on this seemingly unique opportunity shouldn’t be missed. 

Whilst a collection of old gold watches or jewellery could be sold at a sufficient price (depending on the carat and weight), it is important to note which silver items are most valuable and worth selling. Most pieces of silver jewellery are typically plated, meaning that they would need to be melted down and refined before they could be repurposed as a silver coin, bar or other pieces of jewellery. This added labour has an impact on the resale value, causing it to be substantially lower than solid silver items.

Even those that aren’t plated are in such small volumes that they will not often secure you a worthwhile value when it comes to selling. 

However, if you’re in possession of larger silver items, such as silver bars and silver coins, selling your silver does pose an opportunity worthy of being explored. 

These larger items can secure you a decent resale price in line with the market silver price. 

Selling silver with Cash For Your Gold

Don’t overlook scrap gold companies like us if you are looking to switch up your portfolio and explore new opportunities by selling silver. 

With over 25 years’ combined experience in the precious metals industry, Cash For Your Gold offers competitive market rates for silver, gold and other precious metals. Our Silver Scrap Calculator can give you a valuation in minutes; all you need is the weight and purity to determine a price.

For more information about capitalising on your scrap silver, drop us a message or give the Cash For Your Gold team a call on 01902 623 253 today.

Spring-Clean for Scrap Gold!

Spring 2019 officially starts on 20th March. If you have gold that you wish to sell for scrap, what better time than now to sell it and make a tidy profit?

Cash for Your Gold bases its prices on the London Gold Fix Price, updated regularly, to reflect the ever-changing price of precious metals – so you’ll always get an honest deal if you bring your scrap gold to us!

Scrap gold in all shapes and sizes

Whether you hold old, damaged or unwanted jewellery, or even come to own unwanted gold dental crowns, Cash for Your Gold will be happy to help you.

Have you come across unwanted gold items after your spring clean? That’s not a problem. Whether you are holding pure gold, gold jewellery including white or rose varieties, at Cash for Your Gold we are keen to buy your unwanted gold.

In fact, many items that turn up in a routine spring clean are worth a considerable amount. Whether you’re holding broken chains, watch cases or old lockets handed down to you from a relative, you’ll be surprised how much these items could be worth in real money.

Dedicated scrap gold buyers with years of experience

Cash for Your Gold can claim over a quarter of a century’s worth of experience in the precious metals industry, and we’ve built a reputation as one of the most trustworthy scrap gold buyers in the UK. Check out our testimonials from past customers who gave us their seal of approval.

Using our handy scrap gold value calculator, you can receive a quick and simple valuation of any scrap gold you own right at your fingertips within a matter of seconds. All you need to know is the carat or purity of your gold, and the weight.

If you’re unsure about things like purity or weight, you also have the option to send your gold to us for professional and secure analysis, so you know exactly how much you’re looking at if you sell up. We can even allow you to watch the weighing process over video call, to give you peace of mind.

When performing our evaluations, we ensure that non-destructive methods are used to determine the purity of any gold you send to us. But if you still have your reservations, don’t hesitate to get in touch and we’ll explain the whole process to you.

Respectable prices for your scrap gold

Cash for Your Gold offers you good gold scrap prices, in line with the changing value of the London Gold Fix Price on the open market. Our prices depend on weight and purity. Remember, the greater the carat or purity, the higher the estimated value.

Right now could prove to be an interesting time to sell your gold. The metal remains at elevated levels in comparison to the period before the financial crisis. Basically, this means you can expect your scrap gold to be worth significantly more than it would have 20 years ago.

Easy transfers, suited to your needs

We understand the risks involved in transferring any quantity of precious metals that could have a significant value. That is why we request that you contact us by phone or email, if you believe you have scrap gold with a likely value of £2,000 or more. This allows us to arrange the safest way of ensuring your scrap gold gets to us with no drama. If you’re in the area, you’re welcome to visit us at our HQ in Wolverhampton. All you need to do is book an appointment to avoid any delays. And if you wish to get in touch for any other reason, just drop us a call or send us an email and one of our friendly staff will happily help.