How to sell gold jewelry, coins and scrap for fair value
Gold buyers pay a percentage of melt value, minus deductions. If you know the weight and purity of what you have, you can calculate melt value yourself from the current spot price and judge whether an offer is fair.
Step by step
1. Sort by purity
Separate 10K, 14K, 18K, 22K and fine items. Mixed lots invite low-ball pricing.
2. Weigh each group
Use grams or troy ounces on a calibrated scale.
3. Calculate melt value
Weight × purity × current spot price. This is the ceiling a refiner works from, not what you will receive.
4. Get written quotes
Ask several buyers for a written payout percentage and every deduction (assay, refining, shipping).
5. Compare net payout
Choose based on money actually received, timeline and insurance.
Checklist
- Items sorted by karat
- Weighed per group
- Melt value calculated from current spot
- Written payout percentage
- All deductions listed
- Insured shipping or in-person
- Collectible coins checked for numismatic value first
Common mistakes
- Selling collectible coins at melt
- Accepting a single offer
- Mail-in programs without written terms
Where Have It Sold helps
- Store each buyer's written quote and deductions
- Calculate variance between quoted and actual payout
- Track payout dates and Days to Cash
What Have It Sold does today
- ✓ Organize buyer evidence (written offers, standing orders, buyback quotes) in a Buyer Book
- ✓ Total every cost and calculate a Max Safe Buy before you commit
- ✓ Grade deals NEON GREEN / GREEN / YELLOW / RED and show what is UNKNOWN
- ✓ Track sourcing candidates, deals, payouts and actual results versus projections
- ✕ Host listings or a marketplace — you buy and sell through your own channels
- ✕ Execute purchases, place bids, or contact buyers or sellers on your behalf
- ✕ Guarantee a buyer, a price, or a profit
A direct marketplace for buying and selling is not available today. If one is ever offered, it will be announced on this site; nothing here should be read as a current listing service.
Questions
- Does Have It Sold buy gold?
- No. Have It Sold is software; it does not buy gold or quote prices.
- What percentage of melt is typical?
- It varies widely by buyer and quantity. Collect written quotes rather than relying on a typical figure.
- Should I sell coins as scrap?
- Check numismatic value first; some coins are worth more than their metal.