Questions
Frequently Asked Questions
Everything you need to know about selling gold online with Gold Buyer.
Selling Gold
How do I sell gold online?+
Request a free insured shipping kit from Gold Buyer, pack your gold items, and ship using the prepaid label. We test your gold with XRF spectrometry, calculate a fair market offer, and if you accept, send payment the same day. If you decline, we return your gold free of charge.
What types of gold do you buy?+
We buy all types of gold: jewelry (rings, necklaces, bracelets, earrings), coins (Eagles, Krugerrands, Maple Leafs), bullion bars, dental gold (crowns, bridges), and scrap gold (broken jewelry, watch cases, gold-filled items).
How much will I get for my gold?+
Your payout is based on three factors: the weight of your gold, its purity (determined by our XRF testing), and the current gold spot price. We charge a transparent processing fee that's clearly disclosed before you accept any offer. Use our online calculator for an instant estimate.
Is there a minimum amount of gold to sell?+
There's no strict minimum, but we recommend at least 5-10 grams of gold to make the sale worthwhile after processing. Even small amounts add up — many customers send multiple small items together.
How is the gold purity determined?+
We use a Thermo Scientific Niton XRF spectrometer — the industry standard for non-destructive precious metal testing. It determines exact gold content to 0.01% accuracy, regardless of markings or condition.
Shipping & Insurance
Is shipping my gold safe?+
Yes. Our shipping kit includes a tamper-evident bag, padded envelope, and prepaid USPS label with full insurance. Your gold is insured from the moment you drop it off through receipt at our facility.
How much is my gold insured for during shipping?+
Our standard insurance covers up to $100,000 in value per shipment. For higher-value shipments, we can arrange additional coverage.
How long does the process take?+
Shipping takes 2-3 business days. Once received, we complete testing and send your offer within 24 hours. If you accept, payment is processed the same day. Total process: approximately 5-7 business days.
What happens if I decline the offer?+
We ship your gold back to you at no cost via insured USPS mail. No questions asked, no pressure. The return process typically takes 2-3 business days.
Payment & Fees
What payment methods do you offer?+
We offer check, wire transfer, and Bitcoin. Check is mailed the same day you accept. Wire transfers are processed within 1 business day. Bitcoin is sent to your wallet within 48 hours.
Can I get paid in Bitcoin?+
Yes! We offer Bitcoin payment for all gold sales. You'll need a Bitcoin wallet address. The BTC amount is calculated at the current exchange rate at the time of payment. This is a great way to convert physical gold directly into digital sound money.
Are there tax implications when selling gold?+
Selling gold may be a taxable event. If your gold has appreciated in value since you acquired it, you may owe capital gains tax on the difference. For sales over $10,000, we file the required IRS reporting. We recommend consulting a tax professional for advice specific to your situation.
Do you charge any fees?+
We charge a transparent processing fee that covers assay testing, handling, and payment processing. This fee is clearly disclosed in your offer before you accept. There are no hidden charges, shipping costs, or surprise deductions.