Selling Gold, Jewellery and Watches

What gold, silver or jewellery will Knox buy?

The short answer

Precious-metal buyers generally purchase items whose value comes mainly from their gold, silver or platinum content, such as bullion coins, bars and precious-metal jewellery, including broken pieces. Whether Knox will buy a particular item depends on its current buying policy and on testing. Knox buys gold and silver items including trophies, medals, coins, bars, jewellery, cutlery and trays. Weight, purity and condition all affect the offer, and gemstones may be valued separately or not at all.

The kinds of items precious-metal buyers usually consider

  • Bullion coins, such as gold and silver Krugerrands
  • Gold, silver and platinum bars
  • Gold, platinum and silver jewellery, whether worn, dated or broken
  • Silverware and other solid silver items
  • Some watches with precious-metal cases or bracelets

The common thread is that the item's value can be measured mainly by its metal content, or by an established resale market.

Items that often do not qualify

Buyers generally decline plated rather than solid items, costume jewellery, pieces with too little precious metal to test or value economically, and ordinary circulation coins whose value is their face value. Items whose ownership cannot be shown, or that raise compliance concerns, may also be declined. Collectable coins and antiques may be worth more to a specialist collector than their metal value, so a metal-based buyer may not be the right outlet for them.

What depends on Knox and what depends on your item

The categories Knox buys, any minimum quantity and its approach to watches and gemstones are Knox policy and can change. Your item's weight, purity, condition and saleability determine whether an offer is made and how much it is. Gemstones may be assessed separately, ignored with only the metal setting valued, or not valued at all.

Getting started

Gather the items you are thinking of selling, together with any invoices, certificates, boxes or papers, and describe them when you first get in touch. You do not need an appointment to access your safe deposit box during opening hours. Collection of purchased Krugerrands is by appointment only, visits to items in safe custody need at least 24 hours' notice, and cash-in-transit visits must be approved in writing at least 48 hours in advance. Bring your identification and proof of ownership, and expect the final offer to be confirmed only after the items have been tested and weighed.

How Knox handles this

Knox receives the item for physical assessment, records weight and metal composition where applicable and provides an offer based on the completed evaluation and current pricing. If an item falls outside what Knox buys, or cannot be assessed reliably, Knox will tell you. You are free to decline an offer and take your items home, and testing an item does not oblige you to sell it.

Ready for the next step?

Speak to the Knox team about your situation. They will confirm current pricing, availability and requirements before you decide.

Still have a question? Ask the Knox team

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This Knowledge Centre gives general information, not financial, tax, legal or insurance advice. Prices, limits, terms and availability are confirmed by Knox before you proceed, and the agreement you sign takes precedence. Where a current figure has not yet been confirmed on this site, we ask you to contact Knox instead of relying on an estimate.

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