Gold Jewellery Appraisal & Valuation
Gold jewellery holds both sentimental and financial value. Discover the true worth of your cherished gems with Maxi-Cash’s complimentary gold appraisal and valuation online.
Our team of valuation experts are trained to assess every detail of your gold jewellery to ensure you get an accurate estimate. Get a comprehensive and fair appraisal for your valuables now.
Choose Maxi-Cash For Gold Appraisal
1. User Submission
Begin by submitting clear and high-resolution photos of your gold jewellery from multiple angles, with any Singapore coin placed in the frame for scale. This ensures that our evaluators get a comprehensive view of its condition, design, and any markings.
Next, explain more about your valuables, providing details about its weight and karat purity (10k, 14k, 18k etc).
Lastly, attach any certificates, receipts, or past appraisals of your gold jewellery. This can streamline the evaluation process and offer a starting point for our assessors.
2. Preliminary Assessment
Our certified evaluators will conduct a thorough examination of your gold jewellery, taking into account its condition, craftsmanship, age, brand, and market demand. Your gem might be compared with similar items in current markets or past sales to gauge its market demand and uniqueness.
If more details are required or if there’s any ambiguity, you might be contacted to provide additional information or clarification.
3. Receive Evaluation Estimate
Once the initial appraisal is complete, you’ll receive an estimated valuation for your gold jewellery. Our evaluators will compile a report that breaks down the factors contributing to your jewellery’s valuation. This can include its intrinsic gold value based on weight and purity, as well as added value from design, brand, or historical significance.
Along with the estimated value, you’ll typically receive guidance on what to do next, whether you’re looking to sell your gold jewellery to our pawn shop, insure, or simply wish to know its value for personal knowledge.
Factors Considered in Gold Evaluation
Purity of gold
One of the primary determinants of gold’s value is its purity. Gold purity is often measured in karats, with 24 karats being pure gold. The karat level indicates the proportion of gold to other metals in an alloy. For example, 18 karat gold contains 18 parts gold and 6 parts of other metals. At Maxi-Cash, advanced testing methods are used to ascertain the exact purity of the gold being appraised.
Weight of the item
Current market price of gold
Gold prices are dynamic, influenced by various global economic, political, and demand-supply factors. We constantly update our systems to reflect real-time gold prices, ensuring your piece is valued according to the latest market rates.
Design and craftsmanship
Trust Maxi-Cash's Gold Evaluators
With years of experience and a keen eye for detail, our gold evaluators ensure that every jewellery piece is evaluated with the precision it deserves. Choose Maxi-Cash for your gold jewellery appraisal and valuation today.
Gold Appraisal Methods
Visual Observations
Appraisal Tools
Using the latest tools and technology in the industry, we can provide a more thorough assessment of your gold items. From electronic gold testers that assess metal purity to precision scales for weight verification, these tools ensure the evaluation is both accurate and consistent. Additionally, magnifying tools might be employed to inspect intricate details, while X-ray fluorescence (XRF) analysers can be used to determine the exact composition of the gold, revealing not just purity but any alloyed metals present.
Benefits of Evaluating Your Gold
Knowing your jewellery’s exact value in today’s market not only gives you peace of mind but also equips you with the knowledge you need for future decisions.
Insurance purposes: In the unfortunate event of theft, loss, or damage, having a recent gold appraisal can streamline the claims process, ensuring you’re compensated appropriately.
Selling: If you’re considering selling a jewellery piece, an accurate appraisal ensures you get a fair market price.
Estate planning: For those wanting to pass down their gold jewellery as an inheritance, knowing its value can help in equitable distribution among heirs.
Personal knowledge: Some may simply wish to understand the worth of their investments over time.
Gold Valuation Tips
Clean your jewellery carefully: Cleaning your gold items can enhance their appearance, making them more appealing. However, always clean them gently with appropriate methods to avoid damaging the piece. Often, a mild detergent or dish soap mixed with lukewarm water is enough. Let the jewellery soak for about 20-30 minutes. Then, gently scrub with a soft-bristle brush to remove accumulated dirt.
Keep documentation: Keep certificates of authenticity, original receipts, or any other documentation on-hand. They can offer proof of purchase and origin of your gold jewellery.
Beware of gold-plated items: Gold-plated items contain a thin layer of gold on the surface but are not solid gold. The base metal is often copper or brass, which have significantly less value than solid gold pieces. Over time, the gold plated layer can wear off, revealing the underlying metal that is less valuable.
Check current gold prices: Gold prices fluctuate daily based on global market conditions. Before getting your gold appraised, check the current market rate to have a rough idea of its value.