Gold chains are usually sold for their weight, which makes them simple to price and easy to underpay. A heavy rope or Cuban link can hold more gold than a drawer full of rings. At Benadato we weigh and test your chain in front of you, price it on today’s spot price and show you the math. If you accept, you’re paid the same day, in Denver or by insured mail.
How a Gold Chain Is Priced
Three numbers do most of the work: karat, weight and the day’s gold price. A few other details can move the offer up or down.
Karat
The stamp is usually on the clasp or on a small tag near it. 10K, 14K and 18K, or 417, 585 and 750, are solid gold. GF, GP or HGE mean gold-filled or plated. We test every chain with professional equipment while you watch, because clasps are sometimes replaced and a gold clasp can sit on a chain that isn’t.
Weight
Chains are weighed in grams on a calibrated scale. Weight times purity gives the pure gold content. Two chains that look alike can differ a lot here: a hollow chain is light for its size, while a solid chain of the same width can weigh several times more.
Today’s Spot Price
Pure gold is priced on the live market rate. We show you the current spot price during your visit, so you can check the calculation yourself.
Maker and Condition
Most chains are sold for their gold. A signed chain from a house like Cartier, Tiffany & Co. or David Yurman can be valued as jewelry and earn more than melt. A broken chain, a knotted chain or a chain with a missing clasp is worth what its gold is worth. There’s no need to repair it first.
Gold Chains We Buy
- Rope, Cuban, Figaro, box, curb, wheat and herringbone chains
- Men’s chains and heavy link chains
- Thin everyday chains, including ones from a pendant
- Broken, tangled or knotted chains
- Gold anklets and body chains
- Platinum chains, priced on the live platinum market
If your chain carries a pendant, a locket or stones, our page on how to sell a gold necklace explains how the rest of the piece is valued.
What Is a Gold Chain Worth?
Here’s a simplified example for a 20-gram 14K chain:
| Step | Example |
| Weight of the chain | 20 grams |
| Karat | 14K (58.5% gold) |
| Pure gold content | 11.7 grams |
| Brand value, if signed | Priced separately |
Multiply the pure gold content by the spot price per gram and you have the melt value. If a chain isn’t resalable, we pay 67% to 95% of melt value, depending on the weight and nature of the piece. The current price for every karat is on our sell your gold page, and how much is my gold worth walks you through estimating it at home.
Contact Us
What Is Your Gold Chain Worth?
Send a photo, and we'll reply with a preliminary quote.
How to Sell Your Gold Chain
- Book a free appraisal. Call +1-888-625-0232 or use the form on this page. We’ll set aside time for you at our private office at 100 Fillmore St, Denver.
- We weigh, test and make an offer. Jamie, our gold and vintage jewelry specialist, weighs and tests each chain in front of you. You get an itemized offer, with no pressure to accept.
- Get paid the same day. Accept the offer and you’re paid by wire, Zelle, Venmo, check or cash before you leave.
Most appointments take 30 to 60 minutes. Large collections can take up to 3 hours.
Selling a Chain by Mail
We buy from anywhere in the world. Contact us for a shipping manifest and an insured FedEx label, and your chain is weighed, tested and priced the same way as in our office. Once it arrives, we call you with an offer within 1 to 2 business days and pay the same day you accept. Read how to ship your items safely.
Before You Sell a Gold Chain
- Don’t untangle a fine chain by force. A knot doesn’t change the weight, and pulling can snap it. Bring it as it is.
- Check the clasp stamp. It’s the quickest clue to the karat, though we test it either way.
- Watch the scale. A buyer you can trust weighs your chain in front of you, in grams.
- Bring other offers. Show us any written offer and we’ll do our best to beat it.
We also buy gold rings, gold bracelets, gold earrings and scrap gold, all priced the same way.
What Our Clients Say
Honest and supportive of the selling process.
Easy smooth process. Very comfortable and easy meeting and fair pricing.
this place was amazing and super easy for me to sell a ring i will absolutely be coming back here again
Great place! Very honest!
Yossi and the team were very friendly and professional and offered me a very fair price for my piece. The whole process was streamlined and painless. Would absolutely recommend Benadato to anyone!
Yossi was great to work with and does a great job educating you through the process so you feel comfortable. Highly recommend!
I had a great experience here! They were fair, honest, and gave me a really good deal for my gold. The whole process was smooth, straightforward, and professional. I appreciated that they took the time to help me and made sure I was happy with the offer. If you’re looking to sell your gold and want a place that treats you right and offers a fair price, I definitely recommend them. I’ll absolutely be coming back in the future!
Very helpful team, great and fast service!
I came here to get some of my grandmothers inherited jewelry evaluated and it was an amazing experience! Yossi and Jamie were very kind and welcoming and they gave a very fair price for my pieces, definitely recommend to all!
Yet another amazing experience i had at Benadato Trading Co, I was able to get my grandma's vintage necklace made down to a shorter necklace and a bracelet! Not to mention they also helped me customize my wife's wedding ring. Definitely come down to Benadato Trading Co for anything jewelry!!
The owners are the nicest people. They took their time and they were very kind and patient. I highly recommend!
Straight shooters, which I appreciated.
Incredibly professional and knowledge. Great experience all around!
I had a wonderful experience at Benadato Trading Co. Yossi was friendly, professional, and very knowledgeable. Previously, I took some jewelry to a jewelry store and received a bid. I gave Yossi the same items, and his bid was higher, thus demonstrating his honesty. Not only did I feel comfortable the entire time I was there, It was an enjoyable and memorable experience. Highest rating.
Absolutely phenomenal service. The entire process was professional to a degree that you feel when you are shopping in couture stores. Yossi and his staff all introduced themselves, I felt comfortable, respected, and the offer was beyond what I even expected to receive. Tip: go to the elevator inside and go to the 5th floor!
Gold Chain Selling FAQs
What is the best way to sell a gold chain?
Take it to a buyer who weighs and tests it in front of you and prices it on today’s spot price. Ask for the weight, the karat and the price per gram in writing.
How much will I get for a 14K gold chain?
14K is 58.5% gold. Multiply the chain’s weight in grams by 0.585, then by the spot price per gram, to get the melt value. Your offer is calculated from that number.
Do you buy broken gold chains?
Yes. Broken chains are priced by weight and purity, exactly like an intact one.
Is a hollow chain worth less?
Per gram, no. Per chain, usually yes, because a hollow chain holds less gold than a solid chain of the same size.
Can I sell a gold chain with a pendant on it?
Yes. We price the chain and the pendant together, and any stones in the pendant are graded separately.
Find Out What Your Gold Chain Is Worth
Book a free, no-obligation appraisal at our Denver office, or send photos for a preliminary quote. You’ll see the weight, the karat test and the math before any money changes hands. Call +1-888-625-0232 or use the form on this page.
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