Clear Pricing
How Your Price Is Calculated
Your estimate follows a simple formula: the live spot price of the metal, multiplied by its purity percentage, and then by the weight.
For example, 10 grams of 18K gold uses 75% of the pure gold spot rate - since 18K equals 75% purity. We then apply our payout rate to account for refining and operational costs.
Every factor in this formula is shown in the calculator above. No hidden charges, no surprises.
Purity Guide
Understanding Gold and Silver Purity
Gold purity is measured in karats. 24K represents pure gold (99.9%). Most jewellery is 9K (37.5%), 14K (58.5%), or 18K (75%), while coins are often 22K (91.7%). Higher karat means higher gold content and greater value.
Silver purity is indicated by numbers: 999 is pure silver, 925 refers to sterling silver (92.5% pure), and 800 is continental silver. Most silver jewellery and tableware is sterling.
Unsure about your items? Check for a small hallmark stamp - typically inside a ring band or on a clasp. If it’s not visible, no problem. We test all items at no cost using professional XRF equipment.
Market Pricing
What Does Spot Price Mean?
The spot price is the live market value for one troy ounce (31.1 grams) of pure metal. It’s determined by global commodity markets and fluctuates throughout the day based on supply, demand, and trading activity.
Our calculator reflects the most recent spot price in Australian dollars. Rates are updated frequently to match current market conditions.
The value shown in the calculator is an estimate. Spot prices fluctuate, though daily changes are typically minimal. To secure your final price, visit us in store.
Calculator and Pricing FAQs
What if I’m unsure about the karat or purity?
We assess all items at no cost using professional XRF and acid testing methods. You don’t need to know the details - we’ll determine it for you.
Can I receive a quote over the phone?
We can provide an estimated range based on weight and description, but the final value is confirmed after in-person testing and weighing.
How do you calculate the price?
It’s calculated using the live spot price, metal purity (karat), and weight. All testing and weighing is done in front of you for full transparency.
Is the calculator estimate final?
The calculator provides an estimated value based on the current spot rate and standard purity. The final amount is confirmed after in-store testing and weighing - it may vary slightly depending on exact purity and weight.
Why is the payout lower than the spot price?
The spot price reflects the raw market value of pure metal in bulk. Our payout percentage covers refining, assaying, and operational costs. We maintain competitive margins - feel free to compare our rates with other dealers in Brisbane.
Testimonials
What Our Customers Say
Visit Us to Sell Your Gold & Silver
Walk in today and get the best value for your gold & silver. No pressure, no obligation.