Tag Archives: jewellery

What is a diamond worth?

This is one of the most complex questions in the jewellery business. Unlike gold and silver and platinum and other metals which have actual commodity markets with published prices determined by the balance of buyers and sellers, diamonds and other precious stones are not traded in that way. “Diamond” is not a uniform commodity. It [...]

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Can I have my diamonds and coloured stones back?

The simple answer is “Yes, of course” but there are some things to be aware of: Coloured stones in general have little to no recovery value.  If you would like them because you think you might use them to make another piece of jewellery, we are happy to remove them, but you need to be [...]

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I have a platinum ring for sale but I can’t find a dealer to take it. Why?

People are often surprised that old gold dealers are not particularly excited about platinum jewellery.  At GoldSmart we do buy platinum, but there are some good reasons why many dealers will not, or offer a low price for it.  The reasons break down into two basic problems: time and money. The first thing to understand [...]

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Why are some things marked “.750″ and some things “18k”?

In European countries and in many other places, most jewellery manufacturers use a decimal system to express the purity of a piece of karat gold jewellery.  In North America and Britain, they mostly use the karat system.  Both systems represent the purity of the gold alloy used in making the jewellery.  The “karat mark” expresses [...]

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I was told it was gold!

Sadly, one of the things we frequently have to do is inform someone that a nice looking piece of jewellery, convincingly stamped “18K”, is in fact not gold at all.  Frequently it turns out that these items were purchased in a foreign country while on holiday.  This doesn’t mean that buying jewellery as a souvenir [...]

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What sort of things do you buy?

A question we are always asked is “What sort of things do you buy?” Here is a quick list of the things we buy, and that you can sell, that are most valuable: All karat gold jewellery Karat gold watches and watch bracelets Dental gold Platinum jewellery Gold bars and wafers Gold coins Pure silver [...]

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