SELL GOLD, JEWELLERY AND KRUGERRANDS

Sell your gold jewellery, Krugerrands, bullion and precious metals securely at Knox Safe Custody in Houghton Estate, Johannesburg.

Sell Gold Jewellery in Johannesburg

Knox Safe Custody offers a secure and professional way to sell unwanted gold jewellery, Krugerrands, bullion and other qualifying precious metals. Visit our Houghton Estate, Johannesburg facility where your items can be assessed and tested before an offer is made based on factors including metal composition and applicable gold or silver market prices.
Our team will guide you through the valuation process and, where an offer is accepted, payment can be processed in accordance with Knox’s verification and payment requirements.

YOUR EFFORTLESS PATH TO INSTANT PAYMENT

Before visiting Knox, you’ll need to schedule an appointment. This ensures a dedicated specialist is available to assess your items properly.

Advise us on what it is you’ll be selling. To comply with Regulations and ensure a smooth transaction, bring the following:

  • ID or Valid Passport
  • Recent Proof of Residence
  • Proof of Banking Details
  • Proof of Ownership
During your appointment, our specialists will use premium machinery to test your items, providing an accurate breakdown of metal composition.
A valuation will be offered based on metal composition as well as gold and silver market prices at the time.

Once you receive your offer, you can proceed with the sale, or if you would prefer you can take out an asset-based loan or if you are keeping the valuable item consider storing it with us.

If you accept the offer to sell your assets, we process immediate or same-day payments, ensuring a secure and hassle-free transaction.

START SELLING TODAY

WE BUY BACK

SEE IF YOUR COINS QUALIFY

We do not buy back circulation coins, including commemorative R5 coins.

WHY CHOOSE TO SELL SECURELY WITH US

We offer transparent buy-back pricing

We evaluate using premium machinery that does not damage your valuables, providing accurate evaluations and fair pricing

Same day payouts and trustworthy service

FAQ about selling to us

How does Knox value gold, jewellery and coins?

Knox specialists test your items with equipment that gives an accurate breakdown of their metal composition. The offer is based on that composition and the gold or silver market price at the time. You decide whether to accept once you have the offer.

Do I need an appointment to sell to Knox?

Yes. Schedule an appointment before you visit so that a specialist is available to assess your items properly. Tell Knox what you plan to sell when you book, so the team can prepare.

What do I need to bring when I sell gold or jewellery to Knox?

Bring your ID or a valid passport, a recent proof of residence, proof of your banking details and proof of ownership of the items. Knox needs these to comply with regulations and keep the sale smooth. Bring the items themselves, and let Knox know beforehand what you are selling.

Why does Knox ask for ID, proof of residence and proof of ownership?

Knox has to comply with regulations when it buys from you, which means verifying who you are and where you live. Proof of ownership shows the items are yours to sell, and proof of banking details lets Knox pay the right account. The checks protect you and Knox.

How and when will I be paid if I sell to Knox?

If you accept the offer, Knox processes immediate or same-day payments. Payment is made in line with Knox's verification and payment requirements, which is why you need to bring proof of your banking details.

What does Knox buy?

Knox buys Krugerrands, gold bars and gold coins, silver coins and silver bars, and gold, silver and platinum jewellery. Other qualifying precious metals can be assessed too. If you are not sure whether your item qualifies, send Knox your details using the form on this page.

Does Knox buy circulation coins or commemorative R5 coins?

No. Knox does not buy back circulation coins, including commemorative R5 coins. The coins Knox buys are gold and silver bullion coins such as Krugerrands.

Does Knox buy silver and platinum as well as gold?

Yes. You can sell silver coins, silver bars and silver jewellery, as well as platinum jewellery, alongside your gold. Each item is tested to establish its metal composition and valued on that and the market price at the time.

How is scrap or broken gold valued?

Scrap, broken and mismatched gold is valued on what it is made of, not on how it looks. Knox tests it to find its metal composition and bases the offer on that and the gold market price at the time. Broken chains and single earrings can still be sold.

Will testing damage my jewellery or coins?

No. Knox tests items with equipment that does not damage your valuables, and it gives you an accurate breakdown of the metal composition.

Do I have to sell once I have an offer?

No. After you receive your offer you can sell, take out an asset-based loan against the item, or keep it and store it securely with Knox. You are paid only if you accept the offer.

Why does the offer change from day to day?

Offers reflect the gold or silver market price at the time of your valuation, and those prices move daily. The same item can therefore be worth more or less on different days. The Knox team will guide you through how your offer was worked out.

How do I know Knox's buy-back offer is fair?

Knox offers transparent buy-back pricing and values each item from its tested metal composition and the market price at the time. The team guides you through the valuation, and you are free to decline the offer.

Where can I sell gold and Krugerrands in Johannesburg?

Knox Safe Custody buys gold jewellery, Krugerrands, bullion and other qualifying precious metals at its Houghton Estate facility in Johannesburg. Selling is by appointment, so book a visit before you come.

How do I start selling to Knox?

Complete the enquiry form on this page with your details and the type of asset you want to sell, then schedule your appointment. Your items are tested and valued in person at the Houghton Estate facility, and if you accept the offer you are paid immediately or the same day.

I was given gold coins as a gift — should I keep them or cash them in?

You can keep gift coins as a store of value, store them securely, or sell them for their current market value — the right choice depends on whether you want the asset or the cash, so have them valued first to decide with the real number in front of you. Knox can value, store or buy gold coins.

How do I get my late mother's jewellery valued?

You can have inherited jewellery professionally valued on both its gold content and market value — essential for insurance, dividing an estate fairly, or deciding whether to keep or sell. Knox offers a valuation service for jewellery and precious metals.

I've inherited jewellery that's no longer in style — what are my options?

Rather than letting dated pieces sit unworn, you can sell them for their gold and market value and free up the money for something you'll actually use; a specialist pays a fair, metal-linked price regardless of style. Knox buys gold jewellery and pays you out, so you can put the proceeds towards new pieces or anything else.

My father left a coin collection — how do I find out what it's worth?

An inherited collection should be professionally valued, because coins like Krugerrands are priced off their gold content and the current market, not face or sentimental value. Knox values and, if you wish, buys gold coins and Krugerrands.

We're dividing an estate between siblings — how do we value the jewellery fairly?

An independent professional valuation gives everyone an objective figure to divide, which heads off disputes over who gets what. Knox provides independent valuations of jewellery and precious metals for estates.

How do I sell inherited gold jewellery without being ripped off?

Sell to a reputable buyer who values the piece transparently against the current gold price, rather than a shop offering a vague lump sum — a clear, spot-linked quote is how you know it's fair. Knox buys gold jewellery at market-linked prices and shows you the valuation.

I inherited gold but don't know if it's real or what it's worth — where do I start?

Start by having the gold professionally authenticated and valued, so you know whether it's genuine and what it's worth at current prices before deciding to keep, store or sell it. Guessing or selling blind is how people lose value. Knox can authenticate and value inherited gold, coins and jewellery.

I found old gold coins and jewellery while clearing out a house — what do I do with them?

Have the items professionally valued first, because old coins and jewellery are usually worth their gold content at today's prices even when they look worn or dated, and you don't want to sell them for a fraction of that. Once valued, you can store, keep or sell them. Knox values, buys and stores gold coins and jewellery.

I have old, broken gold jewellery and odd single earrings — is any of it worth anything?

Yes — broken, mismatched or scrap gold is still worth its gold content at current market prices, often more than people expect, so it's worth having valued rather than leaving in a drawer. Knox values and buys scrap and broken gold.

Do I pay tax when I sell my Krugerrands?

You may have a tax liability when you sell Krugerrands at a profit, but whether it's treated as capital gains tax or as ordinary income depends on factors like how long you held them and your intention in buying them. Coins held long-term as a store of wealth are more likely to attract capital treatment, while frequent trading points to income. This is a personal tax matter, so confirm your position with a tax adviser or SARS.

How do I sell my Krugerrands for the best price?

To get the best price, sell to a reputable dealer who quotes transparently against the current gold spot price with a fair margin, and avoid informal buyers offering vague valuations. Comparing a clear, spot-linked quote is the simplest way to know you're being treated fairly. Knox can value and buy your Krugerrands at market-linked prices.

Where can I buy genuine Krugerrands in South Africa?

Buy Krugerrands from an established dealer or precious-metals specialist that sources through recognised channels, so you can be confident the coins are genuine and fairly priced; avoid informal sellers where authenticity and pricing are uncertain. Knox supplies genuine Krugerrands and can arrange secure storage.

Do I pay VAT when I buy Krugerrands in South Africa?

No, intact Krugerrands are not subject to VAT in South Africa, because they are zero-rated as gold coins that are legal tender. This is one reason they're an efficient way to hold physical gold. Knox can supply Krugerrands and explain the current costs involved.

How liquid are Krugerrands — can I sell them easily?

Krugerrands are highly liquid, because they're recognised worldwide and an established market of dealers stands ready to buy them, so you can usually sell quickly and close to the prevailing gold price. This easy resale is a major reason they're so popular. Knox can assist when you want to buy or sell Krugerrands.

How do I know my Krugerrand is genuine?

A genuine Krugerrand has a precise, consistent weight, diameter and thickness and a distinctive springbok design, and reputable dealers verify authenticity before sale. Buying from an established specialist is the simplest way to be sure. Knox supplies verified, genuine Krugerrands.

What is the premium over the gold spot price when buying Krugerrands?

The premium is the amount you pay above the raw gold (spot) value to cover minting, dealing and handling, and it varies with demand and the dealer. A fair, transparent premium is a sign of a reputable seller. Contact Knox for current Krugerrand pricing and premiums.

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