Scrap Gold Prices

What is Scrap Gold?
Scrap gold is gold that is considered to be no longer useful in its current form to its owner. For example; when a person has some gold jewellery that they do not wear any more or would prefer to sell it to get its cash value. Scrap gold can be found in the form of:

• Gold Jewellery
• Gold Chains
• Gold Dental Fillings
• Gold Nuggets
• Gold Bars and Bullion
• Mobile Phones (very small amounts)
• Computer Motherboards (very small amounts)
• Electronic Circuit Boards (very small amounts)

What are Scrap Gold Prices
The scrap gold price is the intrinsic value of the gold metal alone - i.e. the value of the 'actual gold content' of the items. Scrap gold prices are lower than the price paid for brand new gold because of the costs involved with smelting items down before the gold can be re-cast. You can often get a better scrap gold price if you sell more gold in a single transaction.

What scrap gold price can I achieve for my gold?
Scrap gold prices are determined by the weight and purity (carat) of the gold. 24 Carat gold is the highest purity and is the most valuable, but there are other common purities which jewellery is made of such as 18 carat, 12 carat and 9 carat. These are typically worth less than 24 carat gold because the actual content of gold is lower. A good gold buyer will test and weigh your items using state-of-the-art equipment. Grants of Cornwall use the latest techniques to analyse your gold and obtain precise values of carat and weight. An online gold buyer will offer you a price based on the carat and weight of your scrap gold. Call us free on 0800 612 2304 to discuss your gold or request a gold bag.

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