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How we value gold

Short answer

Gold Up values gold on its fine gold content: item weight multiplied by fineness. Standards are separated before weighing, stones and non-gold parts are excluded, and items likely to be worth more complete than melted are identified before any metal figure is applied.

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Weighed openly

Every standard weighed separately, in front of you.

Valuation explained

You see how the figure was reached, item by item.

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You decide whether to sell. Nothing is assumed.

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Valuations happen at your own kitchen table, across Flintshire.

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1. Sorting

Items are grouped by fineness mark — 375, 585, 750, 916, 999 — with unmarked pieces held separately and plated items set aside. This happens before anything touches the scales, because a mixed weight cannot be unmixed afterwards.

2. Confirming purity

Marks are read carefully rather than taken at face value: they can be worn smooth, struck abroad, or applied to plated goods. UK gold hallmarks explained sets out what a full British mark contains and how it differs from a maker's stamp.

3. Weighing

Each standard is weighed on its own, on calibrated scales, in view of the customer. Trade scales read to a hundredth of a gram; on high-purity items that precision is not a detail, because 22ct holds 0.916 grams of fine gold in every gram.

4. Calculating fine gold content

Weight multiplied by fineness. Twelve grams of 750 contains nine grams of fine gold. That figure — not the item weight — is what is being bought, and it is stated to you.

5. Stones, mounts and fittings

Stones are excluded from fine gold weight. So are steel spring bars, watch movements, base metal safety chains and clasp springs. They are separated so that you are neither paid for them nor charged their weight against you.

6. Items worth more than their metal

Signed pieces, period jewellery, good stones, coins and watches are set aside and identified before any scrap figure is applied. Melting cannot be undone, and a buyer who quietly scraps a valuable piece has taken something from the seller that no rate per gram makes up for.

How an offer relates to the valuation

The valuation establishes fine gold content. What is paid for that content depends on the gold market at the time and on the cost and risk of refining and reselling — explained in spot price versus what a gold buyer pays. No offer is guaranteed and no figure on this website is an offer.

Frequently asked questions

Do you value each item separately?

Items are grouped by standard and each standard is weighed and valued separately. Individual items of significance are assessed on their own.

How accurate are the scales?

Trade scales read to a hundredth of a gram and are calibrated. Domestic kitchen scales typically read in whole grams, which is why home estimates are approximate.

Are stones included in the weight?

No. Stones are never counted in fine gold weight, and are assessed separately where they carry value.

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