How much do jewelers pay for gold?

Reputable local jewelers typically pay 70–90% of melt value for scrap gold. Pawn shops usually pay 40–60% and mail-in buyers often 30–50%, which is why comparing local offers first almost always nets you more.

How do I calculate what my gold jewelry is worth?

Multiply weight in grams × purity × the current gold price per gram. A 10-gram 14k chain (58.3% pure) at $85/gram is worth about $495 in melt value. Expect honest offers of 70–90% of that figure.

Is it better to sell gold to a jeweler or a pawn shop?

A jeweler, in almost every case. Jewelers pay higher percentages of melt value and can recognize when a piece is worth more intact: designer names, antiques, and diamond-set items that a scrap-only buyer would undervalue.

What karat gold is worth the most?

Higher karat means more pure gold: 24k is pure, 18k is 75%, 14k is 58.3%, and 10k is 41.7%. An 18k piece is worth nearly twice as much per gram as a 10k piece of the same weight.

Should I sell broken gold jewelry or repair it?

It depends on the piece. Sentimental or high-quality items are usually worth repairing, and many fixes cost under $100. Mismatched earrings, kinked hollow chains, and dated pieces you'll never wear are ideal candidates to sell for melt value.

Do I need an appointment to sell gold?

No. Walk in any day during store hours. Most evaluations take just a few minutes, and you'll get a same-day offer.

Gold chains being weighed on a scale at King's Jeweler

Top Prices Paid

We Buy Gold

Bring in gold, silver, diamonds, or jewelry you no longer wear. Sit down with an experienced jeweler and get a fair, same-day offer based on the day’s gold price. Sell outright or trade toward anything in the case.

Call (917) 596-6388 Get an Offer Get Directions

No appointment needed · Same-day cash · Family-run since 2000 · 4.5 ★ on Google

How It Works

Simpler than you'd think.

Step 1

Sit down with a jeweler

Karat stamps checked, unmarked pieces tested, weight taken on a calibrated scale, all by a jeweler who buys and sells gold every day.

Step 2

We explain the math

We'll walk you through the day's gold price, your weight and karat, and how we arrived at your offer, so you know exactly what you're being paid for.

Step 3

You get a same-day offer

Take cash on the spot, or trade the value toward anything in the case. No obligation to sell.

What We Buy

If it's gold, silver, or set with a stone, bring it in.

Broken chains, single earrings, old class rings, dated pieces you'll never wear again. Condition doesn't matter, and signed or antique pieces are often worth more than melt. We'll tell you when that's the case.

Gold jewelry in any karat, broken or not
Silver jewelry and flatware
Platinum jewelry
Loose and mounted diamonds
Estate and antique jewelry
Class rings and dental gold
Unmatched earrings and odd pieces
Designer pieces (Tiffany, Cartier, David Yurman, and more)

What your karat stamp means

Look inside rings or on chain clasps. European pieces may read 417, 585, or 750: same purity, different stamp.

10k: 41.7% pure gold
14k: 58.3% pure gold
18k: 75% pure gold
24k: Pure gold

"GF" or "GP" markings mean gold-filled or gold-plated, which carry little melt value. We'll explain the difference when you bring a piece in.

Why Sell Local

Local jewelers pay more than you'd think.

Payouts for the same gold vary wildly by buyer. Here's roughly how it breaks down.

King's JewelerUs

70–90% of melt value

Experienced buyer, same-day cash

Pawn shops

40–60% of melt value

Often structured as a loan, not a sale

Mail-in TV buyers

30–50% of melt value

You ship first, lose your leverage to negotiate

Figures are general industry ranges based on melt value, not a quoted offer. Bring your piece in for an exact evaluation.

Evaluated by a jeweler

Your pieces are tested and weighed by a jeweler who buys, sells, and builds gold jewelry every day, not a scrap desk.

Fair, honest offers

Market-based pricing on gold, silver, diamonds, and estate jewelry, and we'll tell you when a piece is worth more than melt.

Flexible ways to pay & trade

Take cash, or trade toward something new. No credit needed financing available on purchases.

Visit Us

Inside The Shoppes at Buckland Hills.

Free mall parking, no appointment needed. Most evaluations take just a few minutes, so you can stop in while you shop.

Address

King's Jeweler
The Shoppes at Buckland Hills
194 Buckland Hills Dr
Manchester, CT 06042

(917) 596-6388

Store Hours

Monday – Friday11:00 AM – 7:00 PM
Saturday11:00 AM – 8:00 PM
Sunday11:00 AM – 6:00 PM

Get Directions Call the Store

Good to Know

Questions about selling gold.

Want the full walkthrough? Read our guide to selling gold jewelry for the best price.

Ready to find out what it's worth?

Bring your gold, silver, or diamonds by King's Jeweler inside The Shoppes at Buckland Hills in Manchester, CT. No appointment needed.

Call (917) 596-6388 Get an Offer

Have gold sitting in a drawer?

Stop by The Shoppes at Buckland Hills. We'll weigh it, explain the offer, and pay you the same day.

Get an Offer Read Our Gold Selling Guide

We Buy Gold

No appointment needed · Same-day cash · Family-run since 2000 · 4.5 ★ on Google

If it's gold, silver, or set with a stone, bring it in.

Gold jewelry in any karat, broken or not

Silver jewelry and flatware

Platinum jewelry

Loose and mounted diamonds

Estate and antique jewelry

Class rings and dental gold

Unmatched earrings and odd pieces

Designer pieces (Tiffany, Cartier, David Yurman, and more)