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Selling gold: we buy gold and gold items

We Buy Gold

We buy your old and broken gold jewelry and gold items responsibly and at the best price on the market. We accept all kinds of old, unused or broken gold jewelry and gold items, as well as gold teeth. When you sell your old gold jewelry and gold items to us, you can be sure the gold is recycled responsibly: gold sold to us always ends up 100% as new gold jewelry, which we make in our own goldsmith's workshop in Hyvinkää. Your old gold jewelry gets a new life as Silván gold jewelry and as unique custom pieces for our customers.

Turn gold into cash

Gold is valuable and one of the most recycled materials. If you have unused or broken gold jewelry or other gold items lying around, it is definitely worth exchanging them for cash. We buy your old gold jewelry, such as rings, chains, pendants, earrings, brooches, bracelet chains, bracelets and necklaces. We also buy old gold items and gold teeth. We always aim to pay the best price on the market for gold. When you bring scrap gold to our store, the gold jewelry and gold items are sent to our workshop for appraisal, after which you receive an offer based on the weight of the gold. The offer is always calculated according to the gold price on the day of sale.

Gold price

The market price of gold changes constantly, as it is affected by various global events. As a result, the payment you receive for gold also varies according to the market situation at the time. The compensation paid for gold is therefore always calculated based on the market price of gold on that day. You can check our daily compensation on this page or at your nearest Laatukoru store.

Compensation for the gold you sell can be paid as cash, as a gift card or as a product. If you choose a gift card or a product, the compensation is 2 euros more for each gram. In the tables below you can see the current compensation for gold, both as cash and as a gift card or product. We reserve the right to change prices.

Sell gold

Selling gold pays off not only financially but also for the environment. When you sell unused and unneeded gold jewelry and gold items, you receive monetary compensation based on the current market value of gold, and at the same time you promote the circular economy by putting a valuable material back to use. Gold is a valuable and sought-after material, and mining it has several negative environmental impacts, such as soil and water pollution, soil erosion, deforestation and carbon dioxide emissions. The more old gold jewelry and gold items return to circulation, the less need there is to mine new gold. This saves natural resources and reduces the negative impacts of gold production.

Recycling old gold bought from customers, that is, scrap gold, also requires processing, such as cleaning and melting the gold. However, the environmental impact and energy demand of recycling scrap gold are minimal compared to the mining and refining process of new gold. That is why it is important that this valuable material is brought back into circulation and put to use. The gold you sell to us ends up 100% as material for new Silván jewelry.

We have bought scrap gold from our customers for decades and have developed our operations so that today all the gold we use is 100% recycled. For us, buying gold is purely a way to obtain material for our own jewelry production, which takes place in our own workshop in Hyvinkää and largely by hand. When you sell your gold to us, you can therefore be sure that the gold you sell reliably ends up as raw material for making new jewelry, 100%.

How to sell gold to us

Selling gold to us is easy and transparent. You always receive compensation for your gold items and gold jewelry based on the current market value of gold. We always aim to offer you the best price on the market for your gold, and we recycle it responsibly as material for new jewelry. When you sell gold to us, the process goes as follows:

  • You bring your gold items and gold jewelry to the nearest Laatukoru store
  • The store sends the gold to our workshop for assessment
  • You receive an offer for your gold
  • When you accept the offer, we will pay you the compensation as you choose: either directly to your bank account, or as a gift card or a product.

You have sold your gold to us only once you accept our offer. When old gold jewelry or items are sent to the workshop for assessment, the goldsmith removes any set stones and other parts, and verifies the purity and authenticity of the gold. The exact weight is measured for the gold only. Removing stones and other parts may damage the piece of jewelry or item, and Laatukoru Oy is not responsible for any damage this may cause. Please also note that the payment is always calculated according to the day the gold is sold, that is, based on the market value of that day, at which point you have accepted the price you received from us and sold your gold jewelry and gold items to us.

After you receive an offer, you can choose whether to have the compensation paid directly to your bank account, or to take it instead as a gift card or a product. If you choose the latter, we will pay you 2 euros more for every gram. So when you are thinking about new jewelry purchases, it is worth checking on any broken or unused jewelry and bringing it to us for appraisal. Or perhaps you would like to give an heirloom piece a new form. You can use the gold and stones in it as material for a new piece of jewelry.

The gold is refined and used to make new jewelry

Our interest in buying gold, and through it in using recycled gold, is nothing new. We have been buying our customers' old gold jewelry and gold items for decades. Since the start of our operations, we have managed to replace part of the gold we use with recycled gold, and since 2009 the gold used in our jewelry production has been 100 percent recycled. This has been possible thanks to our extensive network of stores and our active customers. In other words, we buy the gold we use directly from our customers and recycle it back to our customers as new Silván diamond and gold jewelry.

The 100 percent recycled gold we use is always pure, first-class material. Even when recycled, gold stays just like newly mined gold. The gold we buy from customers is melted and refined using mechanical, chemical and electrolytic processes, the alloying metals are separated, and the fine gold is recovered for making new jewelry. New Silván jewelry made from recycled gold is made in our jewelry workshop in Hyvinkää by about ten goldsmiths and jewelry professionals, respecting centuries-old goldsmithing traditions.

Buying and recycling gold is not only efficient but also respectful of the environment. By using only recycled gold, we can do our part to reduce the need to mine and refine new gold, and so help limit the environmental harm caused by gold production. Mining and refining new gold has significant environmental impacts on the soil and waterways of Finland. Our workshop also has strict procedures to make sure that we carefully collect all the gold dust produced during work and reuse it. Recycling gold effectively promotes the circular economy and ensures that this valuable material goes back into use. In the same way, putting your own unused and broken gold jewelry and gold items back into circulation is always an environmentally sustainable choice. At the same time, you can benefit financially from this valuable material and receive appropriate compensation.

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