Seller Guide

How to find the best price for your gold — and the traps most sellers walk into

The gold market has one price. Whether you receive close to it or a fraction of it depends entirely on which buyer you choose.

Why British Gold Exchange

40+

Years in the precious metals business

£0

Cost to request your free insured postal pack

24h

Maximum time to receive your firm, itemised offer

100%

Of items returned free if you decline

Ready to get a valuation?

The short answer

Use the live spot price as your benchmark, then compare percentages

Every gold buyer in the country pays a percentage of the spot price. The spot price is public, live, and freely available — search 'gold price per gram' and you'll see it instantly. Once you know today's price per gram, you can calculate what any offer represents as a percentage of market value.

A responsible buyer will tell you their rate before you send anything. We offer 90–97% of spot depending on item type — jewellery at 95%, coins at 97%, bullion at 97%. Cash-for-gold shops and high street chains typically pay 50–70% of spot without disclosing this. The gap between the best and worst buyer can be hundreds of pounds on a typical collection.

The single most effective thing you can do is get two or three written offers. Our offer comes with full return insurance, so there is no cost or risk to finding out what your gold is actually worth to a specialist buyer.

What affects it

Where sellers leave money on the table

High street shopsConvenient but typically pay 50–65% of spot. They have retail overheads and a margin to cover. Their pricing is rarely transparent.
Cash-for-gold kiosksOften the lowest rates — sometimes below 40% of spot. Avoid any buyer that weighs everything together without itemising by carat.
Auction housesCan achieve good prices for antique or designer pieces with provenance, but charge 15–25% seller's commission which erodes returns on plain gold.
Online specialistsGenerally the best rates for standard gold, silver and coins. Lower overheads, direct access to refiners, published rate cards. Compare two or three.
Flat rate per gramBeware buyers who quote one price regardless of carat. A 9ct piece is worth half an 18ct piece of the same weight. Blended pricing hides this.
No itemised offerAny buyer who won't tell you exactly what they paid per piece, per gram and per carat is obscuring the basis of their offer. Insist on itemised documentation.

How it works

From first contact to payment

01

Request Your Free Pack

We post a fully insured, tracked Royal Mail freepost envelope. No cost, no commitment required.

02

Send Your Items

Use our supplied packaging and post your items. They are covered by our insurance from the moment you drop them at the post office.

03

Receive Your Offer

A firm, itemised offer arrives within 24 hours. Every piece is weighed, XRF-tested for purity, and priced against the live spot price.

04

Get Paid

Accept and receive a same-day bank transfer. Decline and we return every item free of charge — no questions asked.

Common questions

Questions we hear most

How do I calculate whether an offer is fair?

Take the offer amount, divide by the total grams of pure gold (weight × purity factor), then divide by the current spot price per gram. Multiply by 100 for the percentage. Anything below 85% of spot warrants comparison.

Should I get a valuation before sending anything?

You can use our calculator to get an estimate before you send. Our actual offer — based on verified XRF testing — arrives within 24 hours of receipt. You are never obliged to accept it.

Is there a risk to getting multiple offers?

With reputable postal buyers, no. Items are insured in transit and returned free if you decline. The only risk is with buyers who won't return your items — avoid any buyer whose returns policy is unclear.

Does the amount I'm selling affect the rate?

For large quantities (over 100g of gold or equivalent), contact us directly. We can discuss enhanced rates for significant lots.

What's the difference between scrap rate and coin rate?

Bullion coins trade at near-spot because they can be resold without refining. Jewellery and scrap must be melted and assayed, which costs more — so the buy rate reflects that processing margin.

Get Started

See exactly what your gold is worth to a specialist buyer

Request your free insured pack, receive a firm itemised offer within 24 hours, and compare it against any other quote. No obligation to accept.

0800 014 8323