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Usually offer very competitive rates, especially for gold bullion and coins.

Buyers must make a profit, so they will always offer you a percentage below the spot price.

Convenient and fast, but typically offer the lowest percentages (often 50-60%) because they are built on high-margin resale. 💡 Tips to Maximize Your Payout

If the spot price is $2,000/oz, a 14k ring weighing 10g has about $375 worth of gold. A fair offer would be $260–$320.

When you walk into a shop, the buyer typically follows a specific formula to determine your payout: