There is an easier way to turn your gold into cash: sell it to Precious Elements. We consistently provide our customers the highest compensation for their gold, and our valuations are among the most honest, transparent, and accurate in the industry. From our no-risk, no-fee gold valuations to our same-day payments, our customers are provided with exceptional service throughout the gold buying process.
If you want to sell your gold fast, and receive top dollar payment, contact Precious Elements today.
Precious Elements makes it easy to sell any type of gold, because we buy every type of gold. New, used, or broken, collectible or commonplace, graded or ungraded, we buy it all!
From gold coins and gold bullion to gold rings and gold watches, even gold nuggets and gold dental fillings, Precious Elements will buy any gold you have to sell.
Regardless of the size, quantity, quality, or specific category, we offer top dollar and same-day payments (after receiving and verifying your items) for all types of gold.
If you are looking to sell your gold, the most obvious question you are probably asking yourself now is "how much is my gold worth?" There are many factors to consider when determining the cash value of gold coins, bullion, bars, jewelry, and more. When you contact Precious Elements for a no-obligation, risk-free gold valuation, we will tell you exactly what you have and how much it’s worth so you can be confident that you are getting the best price for your gold.
We are honest, transparent, and will answer any questions you have about your gold or what it’s worth. In fact, our passion for gold means that we can spend hours talking about gold coins, bars, and jewelry—which is great news for buyers that want to know more about their gold before selling.
Our professional gold buyers are certified and trained to perform gold analyses that take into account all the special characteristics that some pawn shops and "cash for gold" websites may not consider. Combined with our extensive gold knowledge and passion for educating owners, Precious Elements offers gold valuations that are second-to-none. Contact us online, give us a call, or visit us in-person to start a conversation and to learn how much your gold is worth.
Of course, it helps to have knowledge of what goes into a gold valuation. Some of the important factors we consider include gold purity, weight, and market price (additional factors may apply to gold jewelry, gold coins, and other rare or highly valuable gold items).
One of the primary factors that impact the price of gold is its purity, or karat. A "karat" is a measurement of the fineness, or quality, of gold. The measurement represents the weight of actual gold in proportion to the item’s total weight, including alloyed metals and any impurities.
Because karats are measured per 24 parts whole, pure gold that has not been mixed with any other metals is therefore the most fine (24 karats, or 24K). Although technically 24 karat gold is 100% pure, actual 100% pure gold is virtually impossible to achieve, so the purest type of gold available is 999.99 (also referred to as "five nines fine" gold). Just below this is 999.9, or "four nines fine" gold, which is most commonly the purity level of 24K gold.
Measurements below 24K (such as 22K gold, 18K gold, 14K gold, and so on) indicate the fraction of gold and its resulting purity. For example, 18 karat gold (which means, 18 parts gold to 24 parts weight) has a purity of 75%, meaning three-quarters of the item by weight is pure gold and the remaining 25% is other metals.
The item’s physical weight is the second component of the gold value equation. Gold spot prices, which we will explain in the next section, are usually expressed in terms of ounces, although it is also possible to buy and sell gold by the gram; less common gold measurement units include tola, tael, and kilo. Most gold coins, bullion, bars are measured in ounces, while most gold jewelry is measured in grams.
It is important to understand the difference between “ounces” and “troy ounces,” as these terms are sometimes incorrectly interchanged by gold sellers and less knowledgeable gold buyers. Precious metals, including gold, are always weighed in troy ounces, which equal approximately 31.104 grams; by comparison, regular ounces (also referred to as “avoirdupois” ounces) weigh approximately 28 grams.
The market price for gold, also known as gold’s spot price, is the price that gold can be bought and sold for right now. Similar to the stock market, the spot price for gold is affected by a variety of factors and is constantly changing. Some of the influencing factors that affect spot price include currency fluctuations, gold supply, gold demand, and even geopolitical reasons.
Another term you may come across is the “melt price” of gold, especially when buying or selling gold coins, jewelry, and scrap gold. Melt price, or melt value, is calculated by the content of gold within the item multiplied by the spot price of gold.
Precious Elements offers fair market value for all types, qualities, and quantities of gold. If you have any questions about market price or would like to discover how much your gold is worth, contact us online or give us a call to start a conversation.
There are additional factors that we consider when valuating gold. For example, rare or highly collectible gold coins or jewelry may be worth more than their melt price. A gold coin’s collector value, also known as it’s “numismatic” value, is determined by the year it was minted, the location it was minted, its condition, and its documented history. Gold jewelry from luxury designers may also be worth more than the current spot price.
Considering the additional factors that go into determining how much a gold asset is worth, it’s important that you sell to a buyer that truly understands how to determine the actual value of a gold item that may be rare, collectible, and more valuable than, say, a standard one-ounce 24K gold coin.
Precious Elements has extensive knowledge and experience buying and selling gold coins, jewelry, and watches, so we know factors to consider to make sure that you receive every penny your gold is worth.
With so many “cash for gold” websites and pawn shops claiming to offer the “best prices for gold,” it can be hard to determine the best place to sell your gold. Fortunately, there is an easy, risk-free, and secure way to sell your gold online or in-person without selling yourself short. At Precious Elements, our aim is to streamline and demystify the gold selling process so you can turn coins, bullion, bars, and jewelry into cash, fast.
Of course, with so many gold buyers online and in-person to choose from, why should you sell your gold to Precious Elements? Some of the reasons why Precious Elements is the best gold buyer in Arizona, or anywhere for that matter, include:
As a family-run business, we believe in doing things a little different than our competitors. For starters, we offer a no-obligation valuation process so you can get an accurate and honest cash offer for your gold without risk, confusion, or headache. If you are not satisfied with our offer or would like to cancel the transaction for any reason, we will send back your gold free of charge.
Speaking of charges, Precious Elements does not tack on any additional fees for buying gold. Other gold buyers may deduct valuation fees, handling and processing fees, smelting fees, and many other hidden charges that can significantly lower the amount you receive for your gold. At Precious Elements, the valuation offer we provide is the amount we pay, period.
One of the reasons why Precious Elements is able to offer the best prices for gold coins, bullion, bars, and jewelry is because we have cut out the middleman from the process. We run our own refinery and refurbish/resale gold items ourselves, so we are able to pass the savings on to you that might otherwise go to gold refiners or jewelry stores. Because we “do it all,” we are able to offer the highest payouts for gold among our competitors.
There is no runaround when you sell your gold to Precious Elements. Our professional gold buyers are certified and trained to perform expert analyses and appraisals that result in honest, fair market valuations of your gold. We are also transparent during the valuation process and will answer any questions you have to make you feel comfortable and confident that you are getting top dollar for your gold.
Once we have received, inspected, and verified your gold, you will get paid the same day via your preferred payment method. We understand and appreciate that gold sellers often want (or need) cash fast, which is why we pay your as soon as we can inspect and verify your gold.
If you are looking for a gold buyer you can trust—and want to receive the highest payout for your gold coins, bullion, bars, or jewelry — consider selling to Precious Elements.
The first step to selling your gold is to start a conversation. Contact Precious Elements online or give us a call to speak with one of our expert gold buyers. We will also ask you to provide photos to help us provide an estimated valuation. If you live in Arizona, you can bring your gold to one of our locations in Phoenix or Chandler for an in-person estimate.
If you accept our estimated value, the next step is to send us your gold so we can verify quality, authenticity, and look for any additional characteristics or attributes that may indicate your gold coins, bullion, bars, or jewelry are worth more than market price. After we perform a hands-on inspection, we will provide you the final value offer for your gold.
If you accept the offer, you will get paid the same day via your preferred payment method. If you are not satisfied for any reasons, we will send back your gold free of charge. We aim for 100% customer satisfaction, and that means no games or gimmicks when it comes to buying your gold.
There is no risk or obligation to receive a free gold valuation from Precious Elements. If you have any questions or would like to request a free estimate, chat with us online, give us a call, or visit us for an in-person valuation. No more wasting time on confusing or complicated process to sell gold online; Contact Precious Elements and turn your cash into gold today!
We'll answer any questions and walk you through the process.