Seller guide

Gold, coins, watches and silver: how selling each one works

The process is the same four steps whatever you are selling. What changes is how each item is assessed.

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

One process in four steps, with the assessment method varying by item type

Whether you are selling a single gold ring or a complete collection of coins, silverware and watches, the process at British Gold Exchange is the same: request a free pack, send your items, receive a firm offer within 24 hours of your items reaching us, and get paid the same day if you accept before 3pm. Watches are the one exception: speak to us first and we will arrange for them to be sent separately.

What changes is how we assess value. Gold and silver are tested with an XRF analyser, a professional, non-destructive test that gives us purity readings without damaging the piece. Coins are assessed on their metal content and, where relevant, their numismatic value. Watches are assessed against live secondary market data from platforms including Chrono24 and WatchCharts, adjusted for condition, papers and provenance.

You do not need to sort, label, clean or categorise your items before sending. Our specialists handle the identification and assessment of every piece. We do not buy gold-plated or silver-plated (EPNS) items. If something turns out to be plated rather than solid, or gold-filled rather than solid gold, we will explain this clearly in the offer letter and return anything we do not buy.

What affects it

How each type of item is assessed

Gold jewelleryXRF-tested for exact purity, weighed to 0.01g and valued at up to 99% of the live spot price. Stones above 0.25ct are assessed separately.
Gold coinsIdentified by date, mint and type. Bullion coins are valued at up to 99% of spot. Rare or numismatically significant dates are assessed for a premium above melt value.
Silver jewelleryXRF-tested to confirm sterling (92.5%) or lower grades. We do not buy silver-plated (EPNS) items, and we return them. Sterling is valued at up to 99% of the live spot price.
SilverwareHallmarks are checked and every piece is XRF-tested. Weight matters, as a full canteen can be several kilograms, so contact us before sending heavy lots.
Bullion barsManufacturer, purity and weight are verified. LBMA-brand bars attract the highest rates, up to 99% of spot. Non-branded bars are XRF-tested and valued accordingly.
Luxury watchesSpeak to us first and we will arrange for your watch to be sent separately. Model, reference number and condition are assessed by our watch specialist, as condition can affect value. Secondary market value is compared with current sold listings. Box and papers add to the offer.
Dental goldXRF-tested as removed, with no need to clean. Dental alloys vary, so we test every piece, and condition does not affect the offer.
Scrap and mixed lotsSend everything. Tangled, broken and mismatched items are all welcome. Our offer is itemised so you can accept or decline individual pieces.

How it works

From first contact to payment

01

Request your free pack

We send you a free pack with a prepaid, tracked Royal Mail Special Delivery label, dispatched the next working day, for jewellery, coins and small items. Watches are sent separately after you speak to us, and you should contact us first about heavy lots such as silverware.

02

Send your items

Pack your items in the packaging we supply and hand them in at a Post Office. They are insured up to £2,500 from that moment until they reach us.

03

Receive your offer

A firm, itemised offer arrives within 24 hours of your items reaching us. Every piece is weighed and XRF-tested for purity.

04

Get paid

Accept before 3pm on a working day for a same-day bank transfer. Decline and we return every item free of charge.

Common questions

Questions we hear most

What if I do not know what I have?

Send it anyway. Our specialists identify and assess everything, including carat, purity, coin type and watch model. You will receive a full written breakdown in your offer letter.

Can I send items of different types together?

Yes. Gold, silver and coins can all be sent in the same pack. Watches go separately: speak to us first and we will arrange this. Each item is assessed separately and the offer is fully itemised.

What happens to items that have no value?

We do not buy gold-plated or silver-plated items. These, along with base metal pieces and anything with no precious metal content, are returned to you at no cost. We never charge for an assessment.

How long does the whole process take?

We dispatch your pack the next working day. Once you post it, the process typically takes 3 to 5 working days from posting to payment: your firm offer arrives within 24 hours of your items reaching us, and payment is made the same day if you accept before 3pm.

Is there a minimum value or weight?

There is no minimum. We accept single items, from a 9ct ring upwards. For larger lots, such as estate collections, contact us before sending.

Get started

Whatever you have, we will assess it and make you a firm offer

Request your free insured pack and send us your gold, silver and coins, or speak to us about a watch. You will have a full written offer within 24 hours of your items reaching us.

0800 014 8323