Have you found that you practically never wear your gold jewellery? Or that valuable pieces from an inheritance do not suit your style? The beauty of precious metals is that they can always be easily converted back into cash.
At our Madrid branch, we buy your gold jewellery, other old gold and silverware at fair market prices updated daily. Older gold and silver bullion bars and coins are also in the best of hands with us. Rest assured, you can trust in our experts’ assessment. Every transaction is very simple and straightforward.
In its issue 6/2014, the trade magazine Gold’Or took a close look at our expertise for the purchase of scrap gold.
Number | Category | Our purchase |
800000/00 | Jewellery, price per gram of fine gold | € 63,79 |
800021/00 | Molten silver < 900, price per gram of fine silver | € 0,68 |
810010/00 | Cast coins < 999, price per gram of fine gold | € 64,54 |
More on request. All prices subject to change, subject to authenticity check.
Please note when checking your gold at home: Gold jewellery usually carries a stamp verifying its authenticity and gold content. For example, a stamp that reads 585 indicates 58.5 percent gold content. The remainder consists of added other metals. A 585 gold chain weighing 120 grams would therefore yield 70.2 grams of fine gold (120 grams x 0.585 = 70.2 grams). This weight would then be multiplied by the aforementioned price per gram.
As a major precious metals company, we are always in the market for old gold and silverware, which is generally melted down and made into new bars.
22 Karat gold has a purity of 91.6%, which translates to a price of 91.6% to the price of a gram of fine gold.
18 Karat gold has a purity fo 75%, which translates to a price of 75% to the price of a gram of fine gold.
Opening hours Madrid: Monday – Friday 10h00 to 18h00
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Your Degussa Goldhandel Team