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FAQs

Frequently Asked Questions About Selling Gold & Silver

Have questions about selling gold or silver? Below are our most common questions — answered clearly, honestly, and with no pressure. If you still need help, contact us anytime.

🔐 TRUST & LEGITIMACY

Yes. Gold Kings is a fully licensed precious-metals dealer in the state of Georgia.
We operate in compliance with all Georgia state laws and local regulations, including ID verification and transaction reporting requirements. This protects both our customers and our business and ensures every transaction is handled legally, safely, and transparently.

If you’d like, we’re happy to answer any questions about our licensing or the process in person.

We believe fair pricing starts with transparency.

At Gold Kings, we base our offers on the live market (spot) price of gold and silver, the purity (karat or fineness), and the exact weight of your items. We test and weigh everything in front of you, explain what you have, and show you how the value is calculated.

You’re never pressured to sell. You’re encouraged to ask questions, compare offers, and take your time—because a fair price should make sense and feel right to you.

Yes. All gold and silver testing is done in front of you.

We test each item openly using professional methods to verify purity and weight, and we explain what we’re doing as we go. You can see your items being tested and weighed the entire time, so there are no surprises and no guesswork—just a clear, transparent process you can trust.

Absolutely. You are welcome to watch your items being weighed at all times.

We weigh your gold and silver in front of you on a certified digital scale and explain the weight and purity so you understand exactly how your offer is calculated. Transparency is important to us, and you’re always in control of the process.

Yes. Your information is kept private and secure.

As a licensed Georgia precious-metals dealer, Gold Kings is required by Georgia law (O.C.G.A. § 10-1-350 et seq.) to collect certain information—such as a valid photo ID—to help prevent theft and fraud.

This information is:

  • Used only for legal compliance and record-keeping

  • Not sold, shared, or used for marketing

  • Accessed only by authorized personnel or law enforcement when legally required

We take privacy seriously and handle all customer information with care, professionalism, and discretion.

💰 MONEY & PRICING

You get paid the same day, on the spot.

Once your items are tested, weighed, and evaluated, we present a clear offer. If you accept, payment is issued immediately—no waiting, no delays.

The amount you receive depends on three main factors:

  1. Current market price (spot price) of gold or silver

  2. Purity (karat for gold, .925 or .999 for silver)

  3. Weight of your items

We test and weigh your items in front of you, explain the results, and calculate your offer based on live market prices at the time of your visit.

Quotes are free, no-obligation, and you are never pressured to sell. If you like the offer, you get paid the same day. If not, you keep your items.

We determine the price based on three main factors:

  1. Current market price (spot price)
    Gold and silver prices change daily. We use live market pricing at the time of your visit.

  2. Purity and weight
    Your item is tested to determine its karat or silver content, then weighed accurately. You’re welcome to watch the testing and weighing process.

  3. Market risk and refining costs
    As a licensed dealer, we must follow state regulations and often hold items for a required period. Refining, handling, and market fluctuations are factored into our offer.

Our quotes are transparent, explained clearly, and never pressured. If you’re not comfortable with the offer, there’s no obligation to sell.

We pay primarily based on metal content and weight, not the resale or retail value of the item.
Gold and silver are evaluated by karat or purity, then accurately weighed and priced using current market prices.

If an item has collectible, antique, or resale value beyond its metal content, we will let you know and discuss those options with you.

Our goal is always transparent, fair pricing—with no pressure to sell.

We typically pay 70%–90% of the current spot price, depending on the metal type, purity, weight, and market conditions.

Gold Kings prices items based on actual precious-metal content, live market prices, and the costs required to legally process, test, and hold items under Georgia law. Higher-purity and higher-weight items generally receive a higher percentage.

All items are tested and weighed in front of you, and quotes are always free and no-obligation.

No. When gold or silver is purchased for scrap, condition does not matter. Broken, bent, scratched, or worn items are valued by metal content and weight, not appearance.

As long as the item is real gold or silver, it has value—whether it’s wearable or not.

In most cases, no. We price gold and silver jewelry based on the metal weight and purity, not the stones. Most small diamonds and gemstones are not counted in scrap value.

If a piece contains large or high-value stones, we’ll let you know and discuss your options so you can decide what’s best. We always explain the value clearly before you make any decision.

In most cases, no. We price gold and silver jewelry based on the metal weight and purity, not the stones. Most small diamonds and gemstones are not counted in scrap value.

If a piece contains large or high-value stones, we’ll let you know and discuss your options so you can decide what’s best. We always explain the value clearly before you make any decision.

In most cases, no. We price gold and silver jewelry based on the metal weight and purity, not the stones. Most small diamonds and gemstones are not counted in scrap value.

If a piece contains large or high-value stones, we’ll let you know and discuss your options so you can decide what’s best. We always explain the value clearly before you make any decision.

⏱️ PROCESS & CONVENIENCE

Most transactions take 10–15 minutes from start to finish.
This includes testing, weighing, explaining the value, and payment. If you have multiple items, it may take a little longer—but we always work efficiently and never rush you.

No. Appointments are not required. Walk-ins are always welcome during business hours. If you prefer, you can call ahead or request a quote online, but we’re happy to help you whenever it’s convenient for you.

Yes. You’re welcome to bring multiple items at once—gold, silver, jewelry, coins, or scrap.

We’ll sort, test, and weigh each item in front of you, explain what you have, and give you a clear, no-obligation quote. You decide what you want to sell (if anything). There’s no rush and no pressure.

Yes. You can get a free estimate online or by phone for either location.

📍 Snellville
📞 Call or text 770-771-4650

📍 Commerce
📞 Call or text 706-336-0043

You can also use the Get a Quote form on our website to share basic details about your items.
Final pricing is always confirmed in person after we test and weigh your gold or silver—no pressure and no obligation to sell.

We offer same-day payment. Depending on the transaction amount and legal requirements, payment may be made by check, Zelle, Cashapp or , Paypal. Venmoe, or wire.

We’ll always explain your options clearly so you can choose what works best for you.

📄 LEGAL & COMPLIANCE

Georgia law requires licensed precious-metals dealers to verify a seller’s identity to help prevent theft and fraud. A valid government-issued photo ID protects you, honest customers, and local businesses.

Your information is kept confidential and is used only to comply with state and local regulations.

Yes. Georgia law requires a mandatory holding period on precious-metals purchases.

After you sell gold or silver, dealers like Gold Kings are required to hold the items for a set period of time before resale. This holding period helps prevent theft and protects both sellers and buyers. During this time, items cannot be altered or resold and transaction details are reported as required by law.

This requirement is standard statewide and applies to all licensed precious-metals dealers—not just Gold Kings.

After you sell your items, they are securely logged and stored in accordance with Georgia law. All purchases are documented and held as required before being processed.

Items are then evaluated for their metal content—some may be recycled and refined, while others may be resold. Personal information and transaction details are kept private and confidential.

Our process is designed to be transparent, secure, and fully compliant with all local and state regulations.

Yes. You can sell gold that was gifted or inherited, as long as you legally own the item and have a valid government-issued photo ID.

Here’s how it works in simple terms:

  • ✔️ You do not need a receipt or proof of purchase

  • ✔️ Inherited jewelry, family heirlooms, and gifted items are all acceptable

  • ✔️ The item does not need to be in your name originally

  • ✔️ Georgia law only requires positive ID and proper transaction reporting

If the gold came from an estate, a gift, or a family member, it is treated the same as any other item you legally possess.

If you’re unsure about a specific situation (estate sales, multiple heirs, or large quantities), we’re happy to explain your options before you decide—no pressure.

Yes. As required by Georgia law, licensed precious-metals dealers submit basic transaction records through a secure law-enforcement reporting system. This helps prevent theft and protects honest customers.

For legitimate sellers, this process is routine and does not affect your payment or ability to sell. Your information is kept confidential and used only for legal compliance.

💍 ITEMS YOU BUY

Yes. We buy single earrings, mismatched jewelry, and incomplete sets.

As long as the item contains real gold or sterling silver, we pay based on metal content and weight, not whether the piece is complete or wearable. Broken clasps, missing pairs, and odd pieces are all welcome.

Yes. We buy dental gold such as gold crowns, bridges, and scrap dental alloys when legally allowed. Dental gold is valued based on its gold content and weight, not appearance.

For legal and safety reasons:

  • Items must be clean and free of biological material

  • A valid government-issued photo ID is required

  • All purchases follow Georgia precious-metals regulations

If you’re unsure whether your dental gold qualifies, bring it in and we’ll be happy to take a look—no obligation.

Yes. We buy gold coins and gold bullion.

We purchase common investment coins and bars based on current market (spot) price, weight, and purity. This includes gold coins, rounds, and bullion bars in various sizes.

If you’re unsure what you have, bring it in—we’ll verify and test it in front of you, explain exactly what it is, and provide a free, no-obligation quote.

Yes — we buy silver flatware and trays, but a few details matter:

• Sterling silver (.925) flatware and trays are welcome and priced by silver weight and purity.
• Items must be solid sterling, not silver-plated. Plated items have very little metal value.
• Sets, serving pieces, and individual items are all accepted.
• Condition doesn’t matter — bent, scratched, or mismatched pieces are fine.

If you’re unsure whether your items are sterling or plated, bring them in and we’ll test them for free and explain everything before you decide.

Generally, no. Gold-filled and gold-plated items contain only a very thin layer of gold over a base metal, so they have little to no melt value. Because of this, we typically do not purchase them.

If you’re unsure what you have, feel free to bring it in—we’re happy to test your items for free and explain the difference.

Yes. We buy gold and silver watches, including broken or non-working watches. Most watches are purchased for their precious-metal content, not the brand name.

What matters most

  • Gold or silver content (solid gold cases, gold bracelets, sterling silver)

  • Weight and purity (karat or .925 silver)

  • Condition does not matter if it’s for scrap

Good to know

  • Gold-plated or gold-filled watches usually have little to no precious-metal value

  • High-end luxury watches are evaluated case by case

If you’re unsure, bring it in—we’ll test it for free, in front of you, with no obligation to sell.

🤝 EMOTIONAL REASSURANCE

That’s completely okay. Many people aren’t sure whether their items are real gold or silver—or what they’re worth. We’re happy to examine and test your items for free, explain what you have in plain language, and answer any questions. There’s no pressure to sell, and you’re always in control of the decision.

That’s perfectly fine. We’re happy to answer your questions, explain how pricing works, and help you understand what you have—with no pressure to sell. Whether you’re just curious or gathering information, we’re here to help you make an informed decision at your own pace.

That’s completely okay. You are never rushed or pressured to sell.
We encourage you to take your time, ask questions, and think it over. A good decision should feel comfortable—not forced. You remain in control throughout the entire process.

You’re welcome to bring a friend or family member with you. We want you to feel comfortable, confident, and never pressured at any point in the process.

That’s completely understandable. Many items we see carry memories and emotional meaning. You are never required to sell—we encourage you to take your time, ask questions, and think it over. A good decision should feel comfortable, not rushed. If you decide not to sell, you simply keep your item. The choice is always yours.

⭐ LOCAL / BRAND-SPECIFIC

We have two convenient locations in Georgia:

📍 Gold Kings – Snellville
3635 Stone Mountain Highway
Snellville, GA 30039
📞 770-771-4650

📍 Gold Kings – Commerce
480 Banks Crossing Dr
Commerce, GA 30529
📞 706-336-0043

We proudly serve customers throughout Gwinnett County, Jackson County, and surrounding areas.
Walk-ins are welcome at both locations.

Yes. Both Gold Kings locations offer large, easy-access parking lots with clearly marked handicap parking, making visits convenient for all customers.

Yes — we absolutely buy from walk-ins.

You’re welcome to stop by anytime during business hours. No appointment is needed. We’ll inspect your items, explain the value, and make you an offer on the spot. If you decide to sell, you get paid the same day. If not, there’s no pressure and no obligation.

Because we believe selling gold or silver should be simple, transparent, and pressure-free.

Gold Kings is a licensed Georgia precious-metals dealer that pays competitive, same-day prices based on real market values—not gimmicks. We test and weigh your items in front of you, explain exactly how pricing works, and never rush you into a decision.

There’s no obligation to sell, no hidden fees, and no confusing fine print. Whether you’re selling a single item or a full collection, you stay in control from start to finish.

We’ve built our reputation on honesty, compliance, and respect for our customers—and that’s why so many people choose Gold Kings and refer their friends and family.

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