Everyday I get cash for gold questions from people on a variety of different subjects so I decided it may be beneficial to post the questions and answers on what we’ll call the Cash For Gold frequently asked questions. If you have some questions on your gold, silver or platinum items, be they jewelry, silverware, dental gold, labware or anything else please send them to me, if I can be of benefit to you I’ll post my answers here and send you an email response directly.
Bullion:
Q: I have 2 JM 10 oz Silver bars, 8 JM 1 gram silver bars and a Credit Suisse 5 gram gold bar. Do you buy these and what would you pay for each?
A: Yes, we do purchase those items, I’ve listed prices below:
10 oz Silver Bars: $158.00 each 5 gram Fine gold bar: $166.50 each I’m not too sure about the ’8 JM 1g silver bars ‘, I’ve never seen 1 gram silver bars, are you sure they’re not gold?
Q: I would like to sell 5 – one ounce Canadian Mint gold bars. Please let me
know what your current rates are as well as what is the process for getting
these to you.
A: We are currently paying $1076.70 per ounce. You can find our downloadable shipping/payment on our website.
Q: I will explain what I have for sale .It consist of 2 silver bar of one kilo each from Johnson Matthey with serial number D027215 and D030284 at 999+ wich is the purity of the silver.I also have coins of 20.00 of gold 1967 ,let me have appointement if you want to see them .I also have a Baume Mercier watch paid 12 tousand dollar in 1970 .
A: I have listed pricing below:
1 kilo Silver bars: $506.00 CAD per bar.
1967 $20 Gold coins (Canadian)): $441.72 per coin (assuming they weigh 18.2 grams each)
Regarding the watch, I would need to see it to provide you with pricing, we purchase karat gold watches with gold bezels and bands based on gold content. Let me know if I can be of further assistance.
Q: I have a 1 oz 1985 Canadian maple, what is your best offer on it?
A: We would pay $1,046.25 for your gold Maple. March 10th, 2010.
Q: I have a one kilo bar of silver i’ve had for a long time as well as some sterling silverware that i might be interested in selling.
A: We would pay $488.80 for your 1 kilo silver bar. Do you happen to have a rough idea on how much your sterling silverware weighs.
Gold Jewelry:
Q: There is however, a stamp on the bail which is very hard to make out, but appears to show the letters “CAL”. Is this not real gold because of the missing kt stamp? The jewellery dealer says it is truly 10k but I could not get a straight answer about the “CAL” stamp? Thank you in advance, for any information that might help shed some light on this confusion for me.
A: Thank you for your enquiry, sometimes the gold hallmarks are hard to find and to read. I am always surprised that a lot of jewellers don’t seem to know a lot about hallmarks and makers marks. Anyways if he tested your item and found it to be 10k it likely is, he can easily perform an acid test to determine this and sounds like he must have. Without seeing it, it sounds to me like the CAL is the makers or manufacturers mark which is quite common on most jewelry, the karat mark should be located close to the makers mark.
Q: I would like to sell a 22 carat gold bangle weight of 31.1 grams. I would also
like to sell a .74 carat diamond solitare ring. Cut: proportioning: medium -
62% table; normal crown angle, slightly deep pavilion, good shape; cutlet is
high.
A: Thank you for your enquiry, we would pay $732.40 for your bangle, unfortunately we no longer purchase gemstones just the metals gold, silver and platinum. Let me know if I can be of further assistance.
Q: I have 2- 14 carat gold rings was curious what i would receive for them?
A: The price your rings would fetch would depend on their weight, I can tell you we are currently paying $14.65 per gram for 14k gold jewelry. For example a quarter weighs 5 grams, if you hold a quarter or quarters in one hand and your rings in the other you should get a rough idea on their weight.
Q: Just looking on a price for white and yellow gold mens chain at 48 grams of 18 karat gold. Please don’t ask me to come in to see it. Just want a price, thanks.
A: We would pay $906.25 for your chain, let me know if I can be of further assistance. We are currently paying $18.88 per gram for 18k gold so you simply mulitply $18.88 by 48 grams to get your payment price.
Gold Hallmarks:
Q: I have found a bracelet and would like to know if it is worth anything. It has a 14K stamp on it as well as another stamp that I cannot see really well. It may be “IDI” or just a “D”. How do I find out what this means.
A: The 14k stands for 14 karat gold. The letters after the 14k are the makers or manufacturers initials. For our purposes the value of the bracelet would depend on it’s weight.
Gold Nuggets:
Q: Hi, I was wondering if you purchase small gold nuggets.If you do how much per gram do you pay for small gold nuggets.
A: Yes we do purchase gold nuggets, the price varies depending on their actual gold content, we have received nuggets that contain anywhere from 10% to 95% actual gold content, the only way to know for sure is to melt them into a button and assay them. We pay 85% of the actual gold content.
Silverware:
Q: I have a set of silverware from the 50`s in wooden box. A set of eight silverplate with serving untensils…Name is Bridal Vail by Tudor Plate. Also have a charm bracelet with charms form the 70`s… sterling silver. Wondering if you would buy those items and an idea of what you would pay for them..rought idea. Going to TO at the end of the month and would bring them in if your interested. Annette
A: Thank you for your enquiry, we do purchase sterling silverware, price is determined by weight, as an example we’ve paid anywhere from $200.oo to $1,200.00 for various sets, it’s difficult to give you a rough estimate without knowing the weight. The silverware we purchase needs to have one of the following silver hallmarks: Ster, Sterling, Sterling Silver, Stg, 925 or 958. It would be best to check your set before bringing it in, if it doesn’t have one of the hallmarks above it is likely silver plated and not something we would purchase. The same applies to the charm bracelet.
Q: I have a bunch of silverware id like to send in, but before sending it in i would like to know if there’s any form of test i can do to check as to whether or not it is silver or plated silver, to save myself the shipping expense and you guys the time!
A: Thank you for your enquiry, any silverware we purchase needs to be sterling silver or 800 silver and should have one of the following hallmarks: Ster, Sterling, Sterling Silver, Stg, 925, 958 or 800 followed by makers initals. If your items are not hallmarked they are likely silver plated. Hope that helps.
Q: I have many silver items, including serving spoons, silver flatware and teas service, Is this something you are interested in? I have pictures for your perusal if interested.
A: Yes, we do purchase sterling silver, are you items hallmarked with one of the following marks: Ster, Sterling, Sterling Silver, Stg, 925 or 800 followed by 3 letters.
Gold Parties:
Q: I will be hosting an Silpada Sterling silver jewellery party on March 19/10 and thought perhaps hosting a gold party at the same time may compliment each other. People can purchase new jewellery with the money they make from their old jewellery. Can you please give me more information about hosting a gold party. Thank you.
A: Yes, Gold Parties do work well with other theme parties for the reason you’ve mentioned, unfortunately we are not currently hosting parties in Alberta. Our experience has been that once we give cash for gold to your party guests they are more than happy to go and spend their new found cash purchasing items at or from your other party vendors, it’s a great way to double end parties!
Dental Gold:
Q: How can I separate gold from ceramics in dental bridgework prior to submitting for sale?
A: We use a specialty machine that pulverizes the dental scrap before melting. It is best to remove as much tooth matter, porcelain and ceramics beforehand, the best way you can do this is to use a hammer (regular or 3 pound), put the material on top of a hard surface, say a concrete floor, then place either cardboard or a thick plastic or both over the scrap dental material, you then hit it with a hammer, this will disintegrate the majority of the tooth matter, porcelain and ceramics which will speed up the pricing process. Doesn’t sound pretty I know but it works well.