Buying gold: frequently asked questions

This FAQ answers practical pre-visit questions about price, purity, testing, documents, payment, and the limits of online appraisal.
Price and purity
An offer depends on purity, net weight, metal price, and transaction terms. Marks such as 585 and 750 are useful indications but need confirmation.
Documents and payment
Ask which identification, receipts, or certificates are needed and how the transaction is recorded. Payment terms should be clear before acceptance.
Sovereigns, coins, and silverware
Coins and silver items may have metal or collector value. Authenticity, condition, weight, and demand are assessed item by item.
Pawn and online appraisal
Pawn acceptance depends on the item and terms. Photos support an initial view, but a final offer requires physical inspection.
FAQs
- How is the gold price calculated?
- By considering purity, net weight, the metal price, and the transaction margin.
- Which documents are needed?
- It depends on the service. Confirm the required identification and supporting documents in advance.
- Can I send photos?
- Yes, for an initial view, not as a replacement for final testing.
- Which items are appraised?
- Gold Buyers Nea Ionia can assess items within its available service categories after confirmation.
Related articles
- How to compare gold-buying offers
Ask for net weight, purity, price per gram, testing method and final payout. A high promise with no breakdown cannot be compared to anything.
- Diamond price per carat: what changes the value
Two diamonds of equal weight are not worth the same. How cut, colour, clarity, certificate and setting move the price per carat.
- Gold buying glossary: karats, spot, spread
The terms you will hear during an appraisal, explained plainly: karats, net weight, spot, spread, margin. Definitions never replace inspection.