The ultimate guide to selling your gold
Thinking about selling your gold, but not sure where to start? Whether you’ve inherited jewellery, own coins you no longer want, or have a broken ring tucked away in a drawer, the process can feel overwhelming. At Vintage Cash Cow, we aim to make it simple, transparent, and rewarding, whether you’re looking to sell gold online, find out how much your gold rings are worth, or explore the best way to sell gold sovereigns.
This guide will walk you through everything you need to know:
- How gold is valued and what influences the price
- The difference between antique gold and scrap gold
- How to approach selling jewellery, coins, or rings
- The step-by-step process of selling to Vintage Cash Cow
- Expert advice to help you sell with confidence
- Why people decide to sell their gold
Everyone has their own reason for selling. Some want to declutter jewellery boxes, others need a financial boost, and many have inherited coins or rings that don’t fit their style. Whatever the case, turning unwanted items into money for gold is a practical solution.
Common examples include:
Broken or single earrings
Dated wedding bands or gold rings you no longer wear
Inherited gold sovereigns or coins that you’d rather convert to cash
How gold valuation works
When you choose to sell your gold, three key factors affect the offer you’ll receive:
Carat (Purity)
The higher the carat, the purer the gold. A 24ct coin, for example, is worth more per gram than a 9ct ring.
Weight
A heavier item, such as a chunky bracelet or large gold ring, will usually fetch more than a lightweight chain.
Market price
The global gold market changes daily. That’s why the value of a gold sovereign or a piece of jewellery can rise or fall depending on timing.
Expert Insight:
“We use a live gold chart to track the current scrap price of gold. It updates multiple times a day in line with the global market. Gold prices can shift due to political or trade movements, world conflicts, or even the discovery of new mines,” explains our valuation expert. “Keeping a close eye on these changes ensures customers get an accurate and fair offer when they sell.”
Antique gold vs. scrap gold
Not all items are valued the same. Here are a couple of things that can affect the price…
Antique or collectable gold
Some items, such as Victorian lockets or certain coins, have a collectable value that exceeds their gold weight. For example, if you sell sovereigns, you may find their rarity and age increase their worth.
Scrap gold
Other items, like dented gold rings or snapped chains, are valued purely for their gold content - this is known as scrap value.
The Vintage Cash Cow process
Selling gold with us is designed to be as stress-free as possible, whether you want to sell your gold online, part with unwanted gold rings, or explore the best way of selling gold sovereigns.
Request a free selling pack
We’ll send you secure packaging and prepaid postage.
Send in your items
Post your jewellery, coins, or watches using our fully insured service.
Expert appraisal
Our specialists carefully test, weigh, and evaluate each item. This includes checking for hallmarks, purity, and collectable value.
Receive an offer
You’ll get a free, no-obligation offer. If you accept, we pay promptly. If not, your items are returned free of charge.
Selling gold coins and sovereigns
Gold coins are one of the most common things we see sent in, and many customers specifically ask how to sell gold sovereigns.
The value of a sovereign depends on:
- Its gold content (bullion value)
- Its rarity or condition (collectable value)
So while some people are simply looking to sell my sovereigns for their gold weight, others discover their coin collection is worth more than expected.
If you’re considering selling gold sovereigns, it’s always worth using an expert who can evaluate both angles.
Understanding the scrap gold price
When people decide to sell their gold, one of the most common questions is: Why isn’t the offer the same as the live gold price I see online?
Here’s why:
- The market price is the trading rate of pure gold.
- The scrap price reflects what a buyer can pay after factoring in refining, handling, and business costs.
- This difference explains why someone who wants money for gold will receive a figure slightly below the headline “spot price.”
FAQs about selling gold
Can I sell a broken gold ring?
Yes, damaged jewellery can still be sold for scrap value.
Is it safe to sell gold online?
Absolutely. At Vintage Cash Cow, every parcel is tracked, insured, and processed by experts. Selling from home is often easier and safer than local options.
Do I get money for gold coins as well as jewellery?
Yes. Whether you sell gold rings, bracelets, or coins, everything is assessed fairly, and if you sell sovereigns, we’ll always check for collectable value too.
Why sell with Vintage Cash Cow?
When choosing where to sell gold online, trust matters as much as price. Here’s what sets us apart:
Expertise - from gold sovereigns to scrap jewellery
Transparency - offers explained clearly
Fairness - obligation-free with free returns
Convenience - no need to leave home
Ready to sell your gold?
Selling gold doesn’t have to be complicated. Whether you’re decluttering jewellery, exploring the value of coins, or simply want fast money for gold, Vintage Cash Cow makes the process straightforward. From selling gold sovereigns to parting with an unwanted gold ring, you’ll receive expert guidance, a fair offer, and complete peace of mind.
👉Ready to get started? Request your free selling pack today
Our expert
Mark Stevens bio
With a career spanning 40 years, Mark Stevens stands as a leading authority and Vintage Cash Cow's dedicated Gold Expert. His extensive expertise, honed through decades of professional collaboration, international travel to key markets across Europe and the USA, and his role as a trusted Jewellery Expert on ITV1 television production, provides him with unparalleled insight into the world of gold and fine jewellery.