Hi, I have a 9” curb link gold bracelet that I no longer wear and am interested in selling. It weighs 93.6 grams and is 14 k gold. What is this worth? From Ryan in Clearwater, Florida

Hi Ryan,

Just knowing the value of how much your items are worth will make you more a more educated gold seller. We recommend visiting our gold value calculator which will give you the approximate market price of what your scrap gold items. You can go from there and determine who is going to give you the best deal for your gold.

The calculator converts your measurements into troy ounces. Ryan, your 93.6 grams is 3.009 troy ounces, of the 14k gold which is about 58.24% gold. Based on these numbers and the price of gold today at $1,226.00*/troy ounce, the market value would be approximately $2,210.  Keep in mind that the market value is what the end consumer expects to pay.  We need to refine the gold and convert it into a form that we can sell at this price. Based on this, Arch Enterprises typically offers 80%-85% of the fine gold value in weight for small, one-time transactions.

* Since the price of gold changes daily this price was taken June 11, 2010 and may not reflect the day of this blog post.

I have 100 ounces .999 fine silver bar from Tri-State refining and a 1 ounce Gold Eagle coin. Would you be interested in buying one or both pieces? From James in Columbia, Missouri

Hi James,

We do buy silver bars and gold coins. We can pay for 90% of the silver value in the bar for bars that are minted and for 90% of the gold value in the coins. We will pay you based on current market prices of gold and silver at the time of settlement. We would recommend insuring your items through the mail and make sure that you request the “Delivery Signature Required” option at the post office.

American Gold Eagle coins were first issued by the U.S. mint in 1986. Since then, Gold Eagle coins have risen to the rank of the #1 gold bullion coin. Gold Eagle coins are 91.67% fine gold (22 karat). The remaining is made up of silver and copper. Given this, they are not worth 1 ounce of gold as many people think and since buyers want to pay market price, we have to buy at a discount.

For more information about our gold coin refining service please visit our website.

Hello, I am looking for a good refinery to purchase my gold. I have been researching gold parties for sometime now, I am an independent gold buyer and seller. What are your rates for people with a substantial amount of gold? From Donnie in Orlando, Florida

We offer competitive refining rates for independent gold party operators and gold buyers. And typically we can wire the funds to your account the same day it comes in if the gold is received early in the day. We often pay more than 90% of the value of gold content for customers with significant amounts of gold that send shipments to us on a regular basis. However, this high percentage return is based on the amount of gold you send. You must have over 2 ounces of gold to receive over 90% of the fine gold content by weight.

Interestingly, we have more and more customers like yourself these days who are looking for a trustworthy refiner that offers quick payments. We know that gold buying businesses rely on paying people quickly so we cater to them by paying quickly as well. Here is some feedback from one of our gold operator customers, Kelly Rostic – owner of the Gold Lady:

“What most impresses me about Arch Enterprises is their quick turn-around time and customer service. I overnight my gold to the refinery and by the next afternoon, the gold is processed and I have money wire-transferred into my business account. Since the price of gold is constantly changing, I feel I have the best chance of getting top dollar because I don’t have to wait long for processing. Whenever I call Arch Enterprises, everyone I deal with is polite and professional. With the gold business booming right now and as we approach the holidays, I hope for continued success with my business, The Gold Lady.”

Good luck with your gold buying business Donnie. Let us know if you need gold refining services! Thank you for contacting us.

In the last six months we have received some great questions! In order for our customers to receive the best information and most accurate quotes we encourage everyone to give very detailed descriptions of the materials you would like us to buy and refine. Even things that you may not think are significant can indicate what kind of material you have and what the grade is. Here are the main elements we take into account when people ask questions about their materials.

1. Type of Metal – of course the type of precious metal your items contain is the main indicator of how much they are worth refined.
2. Markings/Hallmarks – these are especially important on sterling silver sets and flatware. Always try and indicate if these items are marked with the word ‘sterling’, 925 or 800. 925 silver is 92.5% silver, where as 800 silver is only 80.0% silver.
3. Weight – there is a very big difference between the weight of items before they are refined and then the weight of the actual precious metal contained in items. We try and estimate only on the value of the precious metal content. So account for the fact that 40 lbs. of material is not the same as 40 lbs. of pure silver.
4. Quantity – the amount of precious metal you have to refine is important because often times we can offer you a higher return on larger amounts of material. This is because it is more energy efficient to process large amounts of material at once than several smaller quantities at different times.

On our Submit Your Question Form, there is an image upload capability where you can send us a photo of the items you wish to refine.

As always, let us know if you have any questions.