Sell Scrap Gold
What is Scrap Gold?
Scrap Gold is any gold that is no longer marketable in its current state. For instance, a broken gold chain. Or a set of gold earrings where, one is missing or damaged.
- Scrap gold rings
- Piles of scrap gold
- Gold bracelets
- Gold necklaces and chains
- Gold dental crown, bridges, grills
- Gold earrings
- Anything and everything gold!
FAQ’s About Cash For Gold:
What if my gold is in a pile?
No worries! We deal with that all the time. All you have to worry about is bringing it to the best gold dealer in Florida, Vermillion Enterprises. We will get your gold mess situated and priced.
What if my gold is broken?
That’s not a problem! We will still buy it! Broken, distorted, damaged, dirty, smashed, missing diamonds or gemstones, one earring or two – that is what we are here for! To help you make CASH on the items that no longer serve you!
How do you determine the value of my gold?
First we determine what karat your gold is. Don’t worry, if you don’t know, that’s ok. Or if you have a pile of different karat gold, that’s okay too!
Determining the karat of your gold is an important first step, because it tells us how much gold is in that particular piece of jewelry.
We will put your jewelry into different piles, based off their weight. Once they are separated, we will weigh each pile based off karats using our Florida State Certified Class 2 Scales.
Once we have the weight, we apply the current gold price to the amount of actual gold you have. That determines the amount we pay for your scrap gold jewelry.
8K = 33% Gold
9K = 37.5% Gold
10K = 41.7% Gold
14K = 58.3% Gold
18K = 75% Gold
22K = 91.6% Gold
24K = 99.9% Gold
Lets assume the price of gold is $1200 an ounce and a customer has:
9 dwt (pennyweight; 20dwt to an ounce) of 10K = $1200 x .417 / 20 x 9 = $225.18
12 dwt of 14K = $1200 x .583 / 20 x 12 = $419.76
5.4 dwt of 18K = $1200 x .75 / 20 x 5.4 = $243.00
For a total of $887.94
We have to divide by 20 because there are 20dwt to an ounce.
If you would like to check the price of gold online before visiting our shop we recommend using KITCO.youtube
Premier Gold Buyer
We are your Coin Shop Near Me, Gold Dealer Near Me, Scrap Gold Buyer Near Me, Jewelry Buyer, Coin Dealer.
Scrap Gold We Buy: Broken, unwanted, tangled mess – gold necklaces, gold chains, gold earrings, gold bracelets, gold dental crowns, gold dental bridges, gold wedding bands, gold rings, any all gold – 8k, 9k, 10k, 14k, 18k, 22k, 24k. White gold. Yellow Gold.
Inverness Coin Shop and Gold Buyers Hours and Location
Sell Your Coin Collection, Silver, Gold, Rolex Watches, Sports Memorabilia and More
MONDAY – FRIDAY
10AM – 5PM
10AM – 4PM
5324 SPRING HILL DRIVE
SPRING HILL, FL 34606
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