Archive for the ‘Selling Tips’ Category

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How much is 9ct gold worth per gram?

We are often asked how much 9ct gold is worth is worth per gram. 9ct gold is an alloy (mix) of metals, comprising of 37.5% gold and a combination of other metals, commonly copper, silver and zinc. The proportions of other metals used is dependent on the colour required. For example, 9ct red gold will contain a high proportion of copper, whereas white gold will contain little or no copper.

The scrap value of 9ct gold

Gold-Traders is currently paying £ for 9ct gold. You can use our scrap gold calculator on the right of this page to calculate what your gold is worth.

All our prices are guaranteed and we offer exceptionally fast turnaround on all packages received. If you elect to have payment made into your bank account (BACS) and you have an account with any of the main high-street banks, the funds will be available to you usually within an hour of us completing the transaction.

See a full breakdown of our scrap gold prices here.

November 22nd, 2010 No Comments » Selling Tips |

What’s the REAL value of your gold?

When it comes to selling unwanted gold for cash, it’s a seller’s market right now. Dozens of ‘Cash for Gold‘ companies have sprung-up, all vying for your attention and hoping you will send them your valuables.

Sadly, the unregulated Cash for Gold market is a minefield of dodgy promises and appalling low prices. Take a look at any of the companies advertised on national TV. Their web sites will be full of slick marketing hype and promises of ‘top rates’, but you’re unlikely to find any information as to what the company will pay you, per gram for your gold.

How on earth can a consumer be expected to make an informed decision as to who to sell their gold to when so many Gold buying companies fail to disclose their rates?

Find out the real value of your gold

Before sending off your gold, I encourage you to work out its true value. We have a hallmark guide to help you sort your gold and once you’ve weighed it as accurately as possible, we can tell you what it’s really worth. Armed with this information, you can decide if the price you’re offered is a reasonable one, or not.

Try it now. Calculate the real value of your gold.

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October 21st, 2010 No Comments » Selling Tips |

Sell Predecimal British Silver Coins

Pre-decimal Silver Coins

Pre-1947 British silver coins contain 50% silver. Pre-1920 coins are 92.5% silver.

Update: Since writing this post, our silver prices per gram have increased significantly. Sell your pre-decimal coins today to take advantage of our fantastic rates!

Do you have any predecimal British coins to sell? If you do, take a look at the rates we pay and compare them to the prices offered by specialist coin dealers.

You’ll notice that many coin dealers will offer you a price based on the face value of the coins. Let’s use a couple of examples:

A well known coin dealer will pay you £12 per £1 face value for pre-1947 silver coins and £22 per £1 face value for pre-1920 silver coins (prices confirmed by telephone on 09/09/2010).

We base our prices on the weight of your coins, not face value.

20 individual Shilling coins (£1 face value) will weigh roughly 110g. At our current silver prices of £0.17/g for 50% silver and £0.32/g for 92.5% silver we will pay you £18.70 for 110g of pre-1947 predecimal silver coins and a massive £35.20 for you pre-1920 silver coins.

That’s over 55% more than one of the leading specialist coin dealers who you’ll find advertising on the Internet.

Selling your predecimal coins to us is simple.

  • If possible, sort your coins into 2 piles : pre-1920 and pre-1947, then weigh them
  • Complete our simple claim form
  • Once submitted, you’ll need to print out the form and sign it
  • Package and send your coins to us using Royal Mail Special Delivery.

All packages are dealt with on the day of receipt (Monday to Friday). The quickest option for payment is a direct BACS transfer. If you bank with any of the main high-street banks, they’re all part of the ‘Faster Payments System’ which simply means you receive your money within an hour of us sending the payment.

See our up-to-date scrap silver prices. If you have any questions, please contact us.

September 9th, 2010 6 Comments » Selling Tips |

Selling Scrap Gold – Worth the Effort?

We occasionally receive calls from customers enquiring whether it’s worth their while sending-in their unwanted jewellery. Very often, they either don’t realise how much their jewellery is worth, or they feel the amount they have is so small (perhaps a single ring or a pair of earrings), it’s not worth the effort.

A pair of gold earrings

Even after taking into account your postage fees, you can still achieve a greater profit selling these earrings to Gold-Traders compared to most high-street jewellers.

Taking your postage costs into account, you only need to send us about 1.3g of 9ct gold to achieve a greater profit than you would get if you sold the same amount at a high street jewellers.

We don’t have a minimum transaction size, you really can send us whatever you have.

Interestingly, both our highest and lowest payouts for this week occurred on the same day. Our smallest transaction was for £5.65, whilst our largest single payout of the week was £31,188.80.

Our average customer payout this month has been £631.34 and the most popular payment method has been via BACS (direct bank transfer).

If you have gold jewellery to sell and have questions, drop us an e-mail or give us a call. Our telephone number is at the top of this page – we’ll be happy to answer any questions you have.

June 26th, 2010 3 Comments » Selling Tips |

Moore & Son Jewellers Buying Scrap Gold

Have you received a flyer through your door from a company called Moore & Son Jewellers? They want your scrap gold and they claim ‘Top London Cash Prices Paid‘.

This company appears to operate around the country by hiring local town / village halls for a short period and leafleting the area to advertise their presence.

Take a look at the flyer and compare their prices with our scrap gold prices. The prices they quote are in troy ounces (not imperial ounces). If you want to know what they pay per gram, simply divide their price by 31.103.

For example, we have a flyer that states they pay up to £140 / troy ounce for 9 carat gold. This works out to be about £4.50 / gram. Today, Gold-Traders are paying a guaranteed minimum of £6.95 / gram for 9 carat scrap gold.

If you want the convenience of receiving cash for your scrap gold the same day and you have checked that your local high street jeweller can’t offer a better rate, then selling your gold to Moore and Son Jewellers is a quick and convenient option.

If however you are keen to receive the best price for your scrap gold, we believe there are other options available that offer better value-for-money.

October 28th, 2009 14 Comments » Selling Tips |
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