Selling Gold: Where to Sell and What You'll Get
Wherever you sell, buyers pay for the gold content: bullion coins and bars from well-known mints usually fetch close to the gold price (often 96–98% for 1 oz coins at big dealers), while jewellery and scrap fetch less after testing, refining and the buyer's margin, and making charges and tax are never refunded. Work out your gold's melt value with the sell-back calculator, then choose your country for where to sell, typical payouts, ID and cash rules.
Facts checked 26 October 2026 · Not financial, legal or tax advice
Choose a country
Selling gold anywhere: the essentials
- Know the melt value: weight × purity × today's price (use the calculator).
- Get two or three quotes and the deductions in writing.
- Watch the weighing and the purity test (an XRF test is quick and doesn't damage the piece).
- Bring ID and receipts: dealers must identify sellers above set cash limits, and receipts prove your cost for tax.
- Get paid by bank transfer for larger amounts; many countries restrict large cash payments.
Selling Gold: FAQ
Where is the best place to sell gold?
For bullion coins and bars, a large bullion dealer or the mint's own buy-back usually pays closest to the gold price. For jewellery, compare jewellers and refiners that test in front of you; avoid buyers who won't show the weight, purity and deductions.
Why do I get less than the gold price?
Buyers pay for the gold content after their margin and, for jewellery and scrap, the cost of testing and refining. Making charges, stones and the tax you paid on purchase aren't refunded.
General information, checked October 2026. Rules, limits and terms change; check with the provider, insurer or authority before you rely on them. Not financial, legal or tax advice.