Reselling gold jewellery is three numbers: what the metal is worth, what you can pay for it, and what you keep after selling. This works out the first and points at the other two.
Prices default to 2 September 2026 and can be edited above. For prices that update through the day, and to keep a record of what you own, get the app.
Melt value sets the floor. Below it, a piece is worth more destroyed than sold, and any offer under melt should be measured against that rather than against what you hoped for.
Above the floor sits everything melt ignores: maker, condition, stones, and whether anyone wants it. A plain chain sells at close to metal. A signed Art Deco piece can sell at several times it, and melting one is a loss you cannot reverse.
The habit that separates people who make money from people who do not is recording what each piece cost at the moment they bought it. Margins are invented after the fact otherwise, and always in a flattering direction.
Turnover matters as much as margin. A piece bought at forty per cent below melt that sits for a year has tied up money that could have turned over three times at twenty. Knowing how long stock has been held is half of knowing whether a buying decision was a good one.
Buy and sell precious metals regularly? MyGoldWorth keeps your purchase cost, live melt value, inventory and real profit in one place — so the sums above are done for every piece you own, not one at a time.
Get MyGoldWorthIt can be, on volume and with discipline about what you pay. The margin lives in the buying, not the selling.
As jewellery whenever anybody wants it as jewellery. Scrap is the floor and should be the last resort, not the default.
Maker’s marks, condition, period and stones. Search completed sales rather than active listings — asking prices tell you what people hope for, not what anybody paid.