The term “scrap gold” refers to any form of gold or precious metal that is sent to a refiner to be melted down and recycled. Therefore, any item that contains gold that is no longer of use to you, broken or reusable can be reprocessed and sent to refiner and be considered scrap gold. Gold is valuable because there is only a fixed amount of it on earth. It can not be made in a factory, however, it can be reused over and over. It is the ultimate recyclable material.
What Qualifies As Scrap Gold?
Just about anything qualifies as scrap gold including the following:
• Bracelets and chains
• Gold Watches
• Gold coins
• Gold crowns and dental bridgework
• Gold solder
• Gold pins
• Any form of gold in any karat which includes industrial gold, silver, platinum & palladium
We would not consider antique or items from designers such as Cartier, Tiffany & Co., David Yurman, Van Cleef & Arpels, etc. to be scrap. If items like these are in your gold ,silver, platinum and palladium we will make sure that we take the time to separate them from your other scrap gold pieces.
Do You Have Scrap Gold?
If you have unused items of precious metals in any form in your home bring it to an experienced scrap gold dealer such as Chicago Gold Gallery, that can buy your gold jewelry. The value of your scrap gold, Silver, Platinum & Palladium depends on two main factors: the weight and the purity. It does not matter what karat gold you have, the experts at Chicago Gold Gallery will carefully assess, inspect and evaluate all your items individually to ensure that you will get the best price for your gold. Chicago Gold Gallery offers a transparent process that will give you confidence you are getting the best price. 36 years of experience in the same location since 1980.