Gold Bullion & Scrap Gold

Gold · Atlanta · July 2026

Gold Bullion & Scrap Gold

We paid $8,400

Office
Atlanta (Buckhead)
Bullion
1 oz .9999 gold bar, assayed and sealed
Scrap
Mixed 10K, 14K, and 18K jewelry, approx. 62 g gross
Pricing basis
Live spot price on the day of sale

What it was

Two things sold together: a one-ounce refinery gold bar in its sealed assay card, and a bag of broken and unworn gold jewelry — chains, a class ring, single earrings, a couple of bent bands — accumulated over years.

How we evaluated it

The bar was verified against the assay card (weight, dimensions, serial number) and tested with an XRF reading through the card. Sealed bars from recognized refiners are priced on their metal content plus a small premium that tracks the current market for that product.

The scrap was sorted by karat. Every piece was tested — two pieces stamped 14K read as gold-filled and were set aside and returned to the seller — and each karat group was weighed on a calibrated scale in front of the seller, net of a small stone in one ring. Pure gold content for each group was calculated from its karat and weight.

How it was priced

Bar: spot price × 1 oz, plus the product premium. Scrap: for each karat group, pure gold content × spot price, less our margin, with the per-gram figure shown for each group. The seller saw the live spot price we used and the arithmetic. Payment was by check the same day.

What this means for other sellers

Sorting and testing is the part that matters. A buyer who weighs a mixed bag at one “average” karat, or who does not check stamps, is not paying accurately — and it is usually the seller who loses. Ask to see the karat groups, the weights, and the spot price.

Amounts reflect the live market, condition, and the item’s specifications on the day of purchase. Similar items may be offered more or less. No customer information is shown.

Have Something Similar?

Bring it to either office for a free evaluation, or send photos for a preliminary range.

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