Category: Sell Gold

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Turn Unwanted Gold into Cash

Do you have old gold jewellery or coins gathering dust at home? At J Blundells & Sons, we’re here to help you turn those forgotten items into cash. Whether it’s broken gold, vintage coins, or even dental gold, we accept it all. Keep reading to learn more about what you can sell to us and why J Blundells & Sons is your best choice for selling gold and precious metals.

We Buy All Types of Gold

Bring in your gold, no matter the carat. We accept 10k, 14k, 18k, 22k, and even 24k gold. Got a broken bracelet or an old ring that’s out of style? We will buy in. Selling your unwanted gold has never been easier.

Old and Broken Gold Jewellery

Don’t let broken chains and tangled necklaces sit in your jewellery box. At J Blundells & Sons, we accept old and broken gold jewellery of all kinds. Earrings without pairs, damaged lockets, or mismatched cufflinks? Bring them to us, and we’ll give you cash in return.

Gold Coins and Bars

Do you have gold coins or bars that you’re ready to sell? We’re interested! From classic gold coins to gold bullion bars, J Blundells & Sons offers competitive rates for all types of gold. We’re the trusted buyers in town for a reason.

We Also Accept Silver, Platinum, and Palladium

Gold isn’t the only precious metal we buy. If you have silver, platinum, or palladium, we want it. Bring in your old silverware, platinum jewelry, or palladium coins, and we’ll give you a fair price. We even accept dental gold—those pieces from dental work you no longer need.

Why Sell to J Blundells & Sons?

We’re known for our honesty and expertise. When you sell to us, you’re getting an extremely fair deal whilst enduring a seamless process. Our team will always assess your items with care and offer you the best possible competitive price. We’re here to make the selling process simple and transparent.

Gather up your unwanted gold and precious metals, and visit our sell page today to turn your clutter into cash today! Alternatively visit our store in London Hatton Gardens today.

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How to Sell Rolled Gold Jewellery

Hallmarking signs on rolled gold

Rolled gold jewellery, a unique and affordable alternative to solid gold, piques particular interest. But what defines rolled gold, and how can one sell it? More importantly, how does Jblundells, a leading cash for gold company, handle the valuation of rolled gold items?

What defines Rolled Gold?

Rolled gold is a blend of gold and other metals, bonded together. It offers the appearance of solid gold but at a fraction of the cost.

Why Do Manufacturers Use Rolled Gold?

Rolled gold is used to create affordable yet attractive jewellery. It provides the luxurious look of gold without the high price tag.

In What Types of Jewellery Is Rolled Gold Used?

You can find rolled gold in various jewellery items, including bracelets, necklaces, and earrings. It’s a popular choice for both vintage and modern pieces.

Hallmarking for Rolled Gold

Look for hallmarks like “RG” or “GF” (Gold Filled) to identify rolled gold. These markings ensure authenticity and quality.

Close-up of hallmarking signs indicating rolled gold construction.
Hallmarking signs on rolled gold
Elegant rolled gold bracelet. hallmarking says "Rolled Gold"
Rolled gold bracelet

How Much Actual Gold Is in Rolled Gold Jewellery?

Rolled gold typically contains a thin layer of gold, often making up about 1% to 5% of the item’s total weight.

How Does Jblundells Do the Valuation for Rolled Gold Jewellery?

Individual sale of rolled gold items by the weight of the jewellery is not possible, as the gold content varies between 1% to 5%. At Jblundells, we handle rolled gold items in batches of 500gm or more. We melt these items into a bar and have a third party conduct an assay. Once we receive the assay results, Jblundells purchases the gold based on weight and assay results. This approach ensures a fair and transparent valuation for those wishing to sell their rolled gold jewellery. Click here for more details on our process.

Conclusion

Understanding rolled gold is key for those looking to sell or invest in gold jewellery. From its composition to hallmarking, this guide provides all you need to know about selling rolled gold.

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How to Sell 9ct Back and Front GoldJewellery

Hallmarking signs on 9ct back and front piece

Investing in gold is a time-honored tradition, especially in the United Kingdom. One term that often comes up in the gold industry is “9ct back and front.” But what does it mean, and why is it significant? This blog post explores the meaning, usage, and valuation of this type of gold jewellery.

What Does 9ct Back and Front Mean?

9ct back and front refers to a type of gold jewellery where the front and back are made of 9-carat gold, while the inner layer may be a different material. It’s a way to create affordable yet attractive pieces.

Why Did They Make Gold Jewellery as Back and Front?

Using 9ct gold for the back and front allows for a luxurious appearance without the high cost of solid gold. It’s a practical solution for those who want the look of gold without the price tag.

On What Items Is 9ct Back and Front Usually Used?

9ct back and front is commonly found in earrings, lockets, and brooches. These items can benefit from the appearance of gold without requiring a solid gold construction.

What Hallmarking Signs Can We Look For?

Look for hallmarks such as “9ct B&F” or “9ct BACK & FRONT.” These markings indicate the use of 9ct gold in the piece’s construction.

Hallmarking signs on 9ct back and front piece. Close-up of hallmarking signs indicating 9ct back and front construction.
Hallmarking signs on gold jewellery
Elegant 9ct back and front cufflink, showcasing the luxurious appearance of gold
Image of 9-ct Back and Front cuff links

How Does Jblundells Do the Valuation for 9ct Back and Front Jewellery?

Valuation of this jewellery considers the weight and quality of the 9ct gold used, along with the craftsmanship and design. At Jblundells, we pay based on 50% of the weight being 9ct gold. This approach ensures a fair and transparent valuation for those looking to sell their gold jewellery. For an accurate appraisal and to see today’s prices, click here.

Conclusion

Understanding 9ct back and front is essential for anyone looking to invest in gold jewellery. It offers an affordable option with the appearance of luxury. Always consult with a reputable cash for gold company for accurate valuation and further information.

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Low Carat Gold Types Explained

gold items you take loan on

Introduction

Gold, a symbol of wealth for centuries, has different types. Each type has unique benefits and drawbacks. This blog post explores four main gold types: rolled gold, plated gold, filled gold, and vermeil gold. We’ll also discuss British hallmarks, crucial for determining gold purity.

Gold Types

Gold’s value remains high, but not all gold is equal. Different gold types have varying quality, durability, and value. Let’s explore rolled gold, plated gold, filled gold, and vermeil gold.

Photo Credit https://artisinicollection.com/pages/gold-jewelry-explained

Rolled Gold

Rolled gold, a jewelry type, consists of a base metal, usually brass, covered with a gold layer. The two metals bond when heated together. The resulting material, rolled into thin sheets, is used to make jewelry. The gold layer in rolled gold is typically around 2.5 microns.

Rolled gold is more durable than other plated jewelry types. Its gold layer is thicker, so it lasts longer without tarnishing. However, it’s more expensive due to its high quality.

Plated Gold

Plated gold bonds a real gold layer onto another metal. It’s less expensive than other real-gold jewelry types since it contains less actual gold. However, the real gold layer can wear off over time. The gold layer in gold-plated items is usually less than 0.5 microns.

Filled Gold

Filled gold is created by pressure bonding a layer of gold to another metal. This creates a thick layer, usually 5% of the item’s total weight, of real gold on the surface. The gold layer in gold-filled items is about 2.5 microns. Filled gold is more durable and tarnish-resistant than gold plated items. It’s a more affordable alternative to solid gold.

British Hallmarks

British hallmarks certify gold, silver, and platinum items’ quality and origin. They indicate the metal’s purity, the place, and the year it was assayed. Understanding British hallmarks helps consumers make informed purchases.

Cash for Gold

Cash for gold services offer individuals the chance to sell their unwanted gold items for cash. These services assess the value of your gold items and offer a price based on the current gold market rate. However, it’s important to note that items such as rolled gold, plated gold, and filled gold may not be suitable for selling to a cash for gold service due to the minimal amount of gold they contain, which is not worth refining.

J Blundells

J Blundells, a reputable UK gold dealer, has been providing quality services for over 100 years. They offer fair prices for gold and use state-of-the-art technology to accurately assess gold items’ value. J Blundells is willing to purchase rolled gold and filled gold in batches of more than 500 grams due to the higher refining costs and longer turnaround time of about 2 weeks.

Conclusion

Understanding different gold types is essential for gold investment or purchase. Rolled gold, plated gold, filled gold, and vermeil gold each have unique benefits and drawbacks. Knowledge about different gold types helps you make informed decisions.

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Behind the Counter: The Life of Gemstones in a Cash for Gold Shop

Customer and cash for gold shop owner shaking hands after a successful transaction

Introduction

When you step into cash for gold shops, you’re entering a world that revolves around precious metals. But what happens to the stones in jewelry at these shops? Let’s explore this fascinating question.

Understanding the Cash for Gold Business

Cash for gold shops primarily deal with precious metals. They aren’t jewelers, and their main interest lies in the gold, silver, or platinum in your jewelry. So, what does cash for gold pay for? The answer is straightforward: the precious metal content.

The Journey of a Gemstone

When you sell your jewelry, the gemstones embark on a different journey. Cash for gold shops typically don’t pay for these stones. In fact, they might even deduct some weight for them. Why? Because these shops send all scrap gold to smelters, who also pay only for the precious metals.

The Fate of the Gemstones

Small stones, especially, are not worth having professionally removed. The resale value of these used stones is significantly lower than retail prices, often 5 to 10 times cheaper. So, if you’re thinking, “Can I sell gold for cash and also get paid for the stones?” the answer is usually no, not at a cash for gold shop.

Factors Influencing the Value of Gemstones

Not all stones are precious. Their value can vary greatly. If you’re wondering how to sell gold for cash and get the best value for your gemstones, consider having them removed by a jeweler beforehand.

Why Cash for Gold Shops Offer the Best Value

These businesses often provide the best value for your precious metals. High street jewelers may only offer half the price of the precious metal content. Cash for gold shops, on the other hand, specialize in precious metals, which means they can often offer a more competitive price. So, if you’re asking, “Is selling gold for cash worth it?” the answer is a resounding yes!

Customer and cash for gold shop owner shaking hands after a successful transaction
Customer and cash for gold shop owner shaking hands after a successful transaction

Tips for Selling Jewelry with Gemstones

If you’re selling to a high street jeweler, you should have them pay extra for your stones because they can repurpose them. However, remember that the best value for your precious metals is often found at cash for gold shops. For more tips visit this blog and many more in our news and article section.

Conclusion

Cash for gold locations offer a quick and convenient way to turn unwanted gold into cash. When it comes to gemstones, it’s a different story. However, understanding this can help you make informed decisions when selling your jewelry, ensuring you get the best value for your precious metals.

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Why Is My Jewellery not 24 Carat Gold?

fine gold for jewellery

Understanding the Properties of Gold

Gold, in its purest form, is known as 24 carat gold. It’s highly valued for its bright yellow lustre and its resistance to tarnish. However, one of the most distinguishing properties of gold is its softness. The incredible malleability and ductility of gold allow it to be shaped and stretched without breaking. These properties make it ideal for various uses. For instance, in electronics, manufacturers shape thin gold wires as needed, and in dentistry, dentists precisely shape gold fillings to fit a patient’s tooth.

Why is 24 Carat Gold not used for Jewellery?

fine gold, gold bars, fine gold

Despite these useful properties, the softness of 24 carat gold makes it less suitable for crafting durable jewellery. Jewellery needs to withstand daily wear and tear, and a piece made from pure gold could easily lose its shape or let a precious stone slip out. That’s why jewellers often use gold alloys, which are mixtures of gold and other metals, for making jewellery.

Understanding Gold Carats and Alloys

We use the term ‘carat’ to denote the purity of gold, with 24 carats representing pure gold. When we mix other metals with gold, the carat value decreases. Here’s a simple breakdown:

Carat% of Fine Gold
2499.999%
2291.6%
1875%
1458.5%
0937.5%
Common fineness used in Gold Jewellery

For example, 22 k gold is an alloy that’s 91.7% gold and 8.3% other metals like copper or silver. These additional metals give the alloy a hardness that pure gold lacks, making it more suitable for crafting durable jewellery.

Turning Your Gold into Cash

Whether you have 24 carat gold or a lower carat alloy, you can turn your unwanted gold into cash at J Blundell & Sons Ltd. We offer competitive scrap gold prices and same-day payments, making it easy to sell your gold. As a trusted gold buyer and pawnbroker, we also provide loans against gold, offering a secure way to access funds without selling your precious metals.

In the world of gold, understanding the difference between carats and the properties of gold can help you make informed decisions, whether you’re buying, selling, or securing a loan against gold.

External Links:

  1. Gold and its properties
  2. Understanding Gold Purity
  3. How to sell your gold
  4. Understanding the value of gold
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Tips for Selling Your Gold: Avoid These Common Mistakes

Tips to sell gold near me

Gold is a valuable commodity, and selling it can be a quick and easy way to make some extra cash. However, selling your gold is not always as simple as it seems, and there are several mistakes that people often make when trying to sell their gold. By avoiding these common mistakes, you can ensure that you get the best price for your gold.

Not Knowing the Value of Your Gold

One of the biggest mistakes you can make when selling gold is not knowing its value. Gold is typically measured in carats, with 24-carat gold being pure gold. To ensure that you receive a fair price, it is important to understand the carat weight and purity of your gold before selling it.

cash for gold london uk

Failing to Get Multiple Quotes

Another common mistake people make when selling gold is not getting a quote from multiple buyers. Different buyers may offer different rates, so it’s important to shop around and get quotes from several buyers before selling your gold. Most good delaers will have thier rates published daily at 11:30am, on thier websites.

Selling to the First Buyer

Similar to not getting multiple quotes, another mistake people make is selling to the first buyer they come across. While it may be tempting to sell your gold quickly, taking the time to find the best offer can result in a higher payout for your gold.

Selling Jewellery with Stones

When selling gold jewellery, many people assume that they can sell it as a complete piece, including any stones in the jewellery. However, buyers usually do not pay for stones in the jewellery as it costs them more to take them out than the value of the stone.

Waiting Too Long to Sell Gold

It’s important to remember that money in the bank today is worth more than money in the bank tomorrow. Gold prices can fluctuate, and while it’s important to wait for the right time to sell, waiting too long can result in receiving less money for your gold.

Not Considering Investment Gold

If you are looking to preserve the value of your gold, consider investing in gold bullion. Reputable gold dealers like J Blundell & Sons Ltd can exchange old jewellery for investment gold, which is a great way to ensure that the value of your gold is preserved over time.

By avoiding these common mistakes and considering all your options, you can ensure that you get the best price for your gold. At J Blundell & Sons Ltd, we are committed to helping our customers make informed decisions about their gold investments. Contact us today for more information.

investment gold, gold bar, gold coin, bullion, uk
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How To Sell your Gold for Best Price

Selling your gold can be a daunting task, especially if you’re unsure of where to start. However, selling your gold to a reputable dealer like J Blundell & Sons Ltd can offer a range of benefits that can make the process easier and more pr. Here are some advantages of selling your gold to a well-established dealer:

Get the Best Price for Your Gold

J Blundell & Sons Ltd is a reputable dealer that pays more than an average jeweller on the high street. They publish daily rates for buying gold, silver, platinum, and palladium on their website, so you can be sure of getting a fair and competitive price for your precious metals.

Have a Hassle-Free Selling Experience

J Blundell & Sons Ltd uses state-of-the-art technology to ascertain the amount of gold, silver, platinum, and palladium purity using Niton XRF guns and Fisher’s SigmaScope. This means you can have a hassle-free selling experience without the need for lengthy processes, or complicated paperwork. They also offer payment options in cash (up to £9,000 a day) or same-day bank transfer (for transactions over £1,000 in value), making the process quick and easy.

Receive Expert Advice on Your Gold

J Blundell & Sons Ltd has been in the gold industry since 1839 and has a team of experts who can provide valuable insights into the value and condition of your gold. They can also provide guidance on the best time to sell your gold and offer investment options if you’re interested in preserving the value of your gold over time.

Exchange Your Unwanted Jewellery to Investment Gold or Silver

In addition to buying gold, J Blundell & Sons Ltd also offers exchanging log scrap precious metals to gold and silver bullion. This means you can not only get the best price for your gold, but also invest in gold and silver bullion as a way of preserving the value of your precious metals.

Avoid the Risk of Selling to Unreliable Buyers

By selling your gold to J Blundell & Sons Ltd, you can avoid the risk of selling to unreliable buyers. Reputable dealers like J Blundell & Sons Ltd have a reputation to uphold and ensure that their buying process is transparent and fair. They also use the latest technology to determine the purity of your gold, so you can be sure of getting a fair price for your precious metals.

In conclusion, selling your gold to a reputable dealer like J Blundell & Sons Ltd can offer a range of benefits that can make the selling process easier and more lucrative. By choosing a well-established dealer, you can be assured of getting the best price for your gold, receiving expert advice, and having a hassle-free selling experience. Contact us today to learn more about how we can help you sell your gold.

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Tips on How to sell scrap Gold in Hatton Garden

Selling or Buying Gold in London’s Hatton garden can sometimes be a little overwhelming, so here are a few easy tips to get you the best deal,

  • Don’t let someone off the street approach you and suggest a shop. Strict NO! You don’t know where they lead you and if someone is standing on street approaching people, then obviously they will take a commission out of your transaction
  • Check prices between (at least) two shops before you decide to sell, ask them for price per gram
  • Check rates of scrap gold before hand by visiting different websites
  • Check prices on the day and make sure you are getting that day’s rate as advertised
  • Don’t embarrass yourself by asking for a few pounds over the rate. The difference between selling prices for an individual and a trading company is about 5p per gram. Haggling works in high street shops or at jewellers, when you are in a cash for gold shop in hatton garden, you are already getting best available prices
  • Reputable shops in Hatton Garden have modern technology, like XRF gun shown below, to test your gold before buying
  • A reputable shop will not insist on paying you in cash. They will happily do same-day bank transfers
  • If you are in the jewellery trade, show the shop a copy of your company certificate. A visiting card is not enough
  • You could use your old jewellery to buy investment gold. Ask the shop if they can sell you gold bullion in bars or coins

Remember, the transaction value may be high, but margins are very low. By following these tips, you can ensure that you get the best deal when selling or buying gold in Hatton Garden.

A reputable shop would have one of these XRF analysers to assay your gold

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How to sell unwanted gold and jewellery

It can be a daunting experience when you are trying to sell your unwanted gold, silver or any precious metal jewellery, so we have compiled a quick list for you to get best and fair price. 

  1. Understand what is your jewellery made of, for example is it gold, platinum, silver or palladium? You can use British hallmarks guide to ascertain metal and carat (fineness). You may use London assay office’s guide for this.
  2. Don’t be afraid of shopping around. It is best practice to call 2 to 3 gold buying shops to ask what they are paying per gram on that day. Precious metals trade live and the price paid changes everyday. Some shops make it easier for the customer by putting prices on their website. Generally, you can trust the shops that make information clear and transparent to you. When calling these shops ask them a few questions, for example “What are you paying for fine gold and 9 carat gold per gram today?” And “Are there any other charges when selling jewellery”
  3. Compare prices with a quick internet search, you can get live gold prices. As a rule of thumb, you should get between 90% to 97% percent of market price.
  4. Carry identity documents, usually shops would ask for a photo ID and proof of address.
  5. Be prepared for good news and bad news, because jewellery is made in different carats (fineness) it is not always easy to identify which carat jewellery is made of, especially for someone who is not in the trade. Also, depending on origin of jewellery, where trademark practices are not as stringent as UK, it may mean that an item has a 22-carat stamp but, instead it’s made of 20 or 21 carat. Or you may think that an item is 9 carat, and it actually is 14 carat or 18 carat, which means you would get more money back. Whichever the case a good gold buyer will talk you through the process of assaying your item. 

When selling jewellery, remember that buyer is only buying the precious metal content and hence would not pay for money invested in ‘making’ of the item or any stones, wires or enamel. 

We buy all precious metals and pay according to London fix. You can check our price on the website. There are no other hidden charges, and we give multiple payment options including same day bank transfers

And if you don’t want to part with your jewellery but need some money, you can always get a secured loan against it. Check out our pawnbroking and buyback services.