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Scrap Gold, what is it?

Scrap Gold is the term used for the process of recycling broken jewellery, coins and other items that are no longer wanted. Recycling gold has become a large industry, driven by the surge in the price of gold and the current global economic climate. Selling gold jewellery has enabled people to liquidate their assets into cash, a more usable currency in modern life.

Who Are Scrap Gold UK?

We're a family run business based in the world famous Birmingham Jewellery Quarter, our company and reputation mean everything to us. We have a long history in the gold jewellery manufacturing industry and endeavour to make customer satisfaction our number one priority.

Scrap Gold Prices

The price of gold changes daily and reflects the live spot gold price in your country, as we're based in the UK our scrap gold prices are based on the daily London LBMA price. Scrap Gold Prices vary between dealers and sellers are advised to shop around for the best price - As always, scrap gold prices offered online will often far outweigh high street prices.

It's important to note that the price offered for your jewellery will be lower than the current gold market price as there is a significant process involved in smelting your gold items into raw gold material.

You can calculate the value of your gold using our Scrap Gold Calculator.

What items are of value?

Anything gold, broken jewellery, gold and silver coins, old watches, gold teeth, gold fillings and precious metal dental scrap will all be suitable and of value. Hallmarked gold, non-hallmarked gold, silver and platinumsin small or large quantities are also required. Some items however are not suitable, for example costume jewellery, or gold plated or silver plated items will have little or no value.

Don't forget 24 carat pure gold will fetch a far higher price but we're interested in all gold, from 9ct to 24ct.

Recycle Broken Jewellery

Gold mining has a huge environmental impact, the process of excavating and extracting the gold ore - the raw material from which gold is derived, is very environmentally intensive, involving damaging chemicals such as Cyanide and sulphuric acid.

Gold has long been regarded as a precious metal and has been intensively sought for more than two thousand years. Gold is used in everything from jewellery and electronics to food!

Where can I sell scrap gold?

We're based in the world famous Birmingham Jewellery Quarter, located in the heart of the city, the Jewellery Quarter has a long tradition as being the centre of the UK jewellery business with a history dating back over 300 years. While the jewellery manufacturing business has declined over the past century, the area is still regarded as an important jewellery centre and hosts a vast number of jewellery retail, design, tooling and manufacturing companies.

We're a subsidiary of Group International Ltd, members of The National Association of Jewellers (NAJ), a national trade association representing companies throughout the jewellery industry. Customers are welcome to contact the NAJ should they have any questions regarding our services. Visit the NAJ Consumer information.

Why sell your gold to us?

We're one of the original Scrap Gold dealers, here are just a few reasons why you should sell your scrap gold to us...

  • Family Run Business
  • The Original Online Gold Dealer
  • Honest Pricing & Return Policy
  • Fully Registered BJA Member
  • Member of the Gold Standard Scheme
  • 100% Guarantee or Your Gold Back

People often ask what actually happens to their old gold jewellery, so we made a video...