It Might Be Time to Sell Your Gold and Silver: Everything You Need to Know

Did you know that some of the items sitting in your jewellery box—or even your cutlery drawer—could hold hidden value? Whether it’s old gold rings, broken silver chains, or an antique spoon set passed down through generations, these items may be worth far more than you realise. With gold and silver prices holding strong, now is the ideal time to evaluate what you have and consider selling.

At Knox Safe Custody, we understand that selling precious metals is both a financial and emotional decision. Our advanced testing technology ensures fair and transparent evaluations, so you receive the best possible price for your jewellery, bullion, and antiques. If you’ve been wondering where to sell gold in South Africa or where to test jewellery in Johannesburg, Knox provides a trusted solution with expert insights and immediate cash offers.

Why You Should Evaluate Your Jewellery Today

Gold and Silver Prices Are Near Historic Highs

The price of gold and silver has seen a consistent upward trend over the past decade, making this an opportune time to sell. Global demand for precious metals remains strong, driven by factors such as inflation, geopolitical uncertainty, and industrial use.

2010: Gold averaged around $1,225 per ounce, recovering after the global financial crisis.
2015: Gold experienced some volatility but settled at an average of $1,160 per ounce, while silver traded around $15 per ounce.
2024: Gold remains above $1,900 per ounce and silver holds strong over $24 per ounce.

Don’t wait until the market shifts—book your free jewellery evaluation today.

What Determines the Value of Your Precious Items?

The value of gold and silver is influenced by global market prices, but individual pieces are assessed based on:

Purity of the Metal:
- Gold is measured in karats, with 24K being pure gold.
- Silver is identified by hallmarks such as .925 (sterling silver) or .999 (fine silver).
Weight:
- The heavier the item, the more precious metal it contains, increasing its value.
Market Demand:
- Antique jewellery and rare coins may be worth more due to historical significance or craftsmanship.
Condition:
- Even broken or outdated jewellery retains value based on its melt price—the raw material worth after refining.

At Knox, we provide expert evaluations based on these factors, ensuring you receive an accurate and fair assessment.

Advanced Jewellery Testing with the Vanta GX Machine

At Knox, we use cutting-edge technology to provide accurate evaluations. Our Vanta GX Precious Metal Analyzer utilizes X-ray fluorescence (XRF) technology to determine the purity and composition of gold, silver, platinum, and other metals.

What makes the Vanta GX stand out?

Non-destructive testing – Your jewellery remains intact.
Precise metal composition analysis – Detects impurities that affect value.
Immediate results – Transparent price offers on the spot.

Unlike outdated testing methods still used by many pawnshops and jewellers, the Vanta GX eliminates guesswork, ensuring you receive the best possible price for your jewellery.

For more information on the Vanta GX Precious Metal Analyzer, visit Innov-X Africa.

What Items Can Be Sold for Cash?

You may be surprised at the range of items that hold significant value:

Antique Silverware: Items such as cutlery, trays, and teapots often contain sterling silver. According to Unique Gold and Diamonds, many households possess silver items that can be sold for cash.
Gold and Silver Coins, Bullion, and Bars: Collectible coins and bullion, including the South African Krugerrand, are highly sought after. As noted by GoldFellow, gold coins and bars are among the various gold items that can be sold.
Platinum Jewellery and Rare Metals: High-value items with strong resale potential. The London Bullion Market Association (LBMA) provides insights into the value of these metals.
Dental Gold: Old dental work containing gold can also be valuable. GoldFellow mentions dental gold as one of the items that can be sold.
Collectible Items: Rare collectibles, such as vintage toys or unique antiques, can fetch high prices at auctions. A recent article highlighted surprising successes at auctions, including a €30,000 sale for an old bowl.

Why Now is the Right Time to Sell

Gold and silver continue to be in high demand, with experts predicting further price strength. According to the World Gold Council, economic uncertainty and central bank policies continue to drive gold investment. Meanwhile, silver’s industrial demand for solar panels, electronics, and medical applications reinforces its rising value.

For the latest gold and silver market insights, visit Kitco or the London Bullion Market Association (LBMA).

Why Choose Knox for Selling Jewellery?

If you’re searching for the best place to sell jewellery in South Africa, choosing a trusted buyer is key. Here’s why Knox is the right choice:

Industry Experience & Expertise
- Years of experience in precious metal evaluation and secure storage.
Private and Secure Testing
- Discreet evaluations in private viewing rooms.
- No pressure to sell—we provide accurate assessments so you can make an informed decision.
A Better Alternative to Pawnshops and Traditional Jewellers
- Pawnshops often undervalue gold and silver to maximize their profit.
- Jewellers may focus on jewellery condition rather than metal purity, resulting in lower offers.
- Knox offers transparent pricing, real-time market comparisons, and immediate cash payouts.
Safe Custody for Precious Metals
- Not ready to sell? Knox provides secure storage for bullion, jewellery, and valuables.

How to Get Started

Check Live Prices: Stay informed by visiting Kitco or GoldPrice.org.
Book a Free Evaluation: Schedule a no-obligation consultation at Knox to determine your items’ worth.
Receive Your Offer: If you decide to sell, Knox provides instant payment—no hidden fees, no hassle.

For more information, visit www.knox.co.za, call 011 646 1919, WhatsApp 072 269 9584, or email info@knox.co.za to schedule your evaluation.

The first three pieces of jewellery are evaluated free of charge. Additional items may incur a fee. T&C’s apply.

It Might Be Time to Sell Your Gold and Silver: Everything You Need to Know

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