Trusted Gold & Jewelry Buyers
Fully Insured & Bonded 
Same-Day PAYMENTSScrap gold is any gold you’d sell for its metal: snapped chains, single earrings, bent rings, dental gold, old class rings, mismatched pieces at the bottom of a drawer. Damage doesn’t change the metal, so broken gold is worth exactly what its gold is worth. At Benadato we weigh and test every piece in front of you, price it on today’s spot price and pay you the same day you accept.
What Counts as Scrap Gold
- Broken chains, necklaces and bracelets
- Single earrings, posts and backs
- Bent, cracked or outgrown rings
- Class rings and old wedding bands
- Dental gold, crowns and bridges
- Gold-filled pieces
- Watch cases, clasps and small gold parts
Before you treat something as scrap, let us look at it. A piece that looks worn out to you may still be resalable as jewelry, and that can earn more than melt. We’ll tell you which is which.
How Scrap Gold Is Priced
1. Sorting by Karat
Mixed lots are sorted first. 10K, 14K, 18K, 22K and 24K are tested separately with professional equipment, while you watch, because stamps can be worn or wrong. 10K is 41.7% gold, 14K is 58.5%, 18K is 75%, 22K is 91.7% and 24K is 99.9%.
2. Weighing
Each karat group is weighed in grams on a calibrated scale. Weight times purity gives the pure gold you’re selling.
3. Today’s Spot Price
The pure gold is priced on the live market rate. We show you the current spot price during your visit so you can check the math yourself.
4. Stones Priced Separately
Diamonds and gemstones in scrap pieces aren’t thrown in for free. Michael Nedler, our GIA accredited since 1981, grades them and they get their own line on the offer.
How Much Does Scrap Gold Sell For?
If an item isn’t resalable, we pay 67% to 95% of melt value, depending on the weight and nature of the piece. Here is a simplified example for a mixed bag:
| Group | Weight | Pure gold |
| 10K pieces | 12 grams | 5.0 grams |
| 14K pieces | 20 grams | 11.7 grams |
| 18K pieces | 6 grams | 4.5 grams |
Add up the pure gold, multiply by the spot price per gram, and you have the melt value of the lot. The current price per gram for each karat is on our sell your gold page. For a step-by-step guide, read how much is my gold worth.
Dental Gold and Gold-Filled Pieces
It’s almost impossible to tell the gold content of dental gold by testing, so we pay the maximum after the gold is refined. Gold-filled pieces contain more gold than plated ones, and for those we can also pay after refining, so you receive the true gold value. Gold-plated jewelry has only a thin surface layer of gold and usually has little value.
Contact Us
What Is Your Scrap Gold Worth?
Send a photo, and we'll reply with a preliminary quote.
Tested in Front of You
Priced on Today's Spot Price
Same-Day Cash & Wire
How to Sell Scrap Gold
- Book a free appraisal. Call +1-888-625-0232 or use the form on this page, and we’ll set aside time for you at our private office at 100 Fillmore St, Denver.
- We sort, test and weigh. Jamie, our gold and vintage jewelry specialist, works through your gold in front of you and gives you an itemized offer. There’s no pressure to accept.
- Get paid the same day. Accept and you’re paid by wire, Zelle, Venmo, check or cash.
Most appointments take 30 to 60 minutes. Not in Denver? Contact us for a shipping manifest and an insured FedEx label. Once your package arrives, we’ll call you with an offer within 1 to 2 business days and pay the same day you accept. See how to ship your items safely.
How to Sell Scrap Gold Without Getting Ripped Off
- Work with someone who knows jewelry. Buyers who only melt gold don’t know the real value of a resalable piece.
- Watch the scale and the test. If you can’t see either, keep shopping.
- Ask for grams and karats on paper. Each group should have its own line.
- Be careful with mail-in envelopes. Your gold is gone before you see an offer, and stones are often ignored.
- Bring other offers. Show us any written offer and we’ll do our best to beat it.
Selling intact pieces too? See our pages for gold rings, gold chains and gold coins.
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!
Scrap Gold FAQs
How much does scrap gold sell for?
If an item isn’t resalable, we pay 67% to 95% of its melt value, depending on the weight and nature of the piece. Melt value is weight, times purity, times today’s spot price.
Who pays the most for scrap gold?
Usually a buyer who tests and weighs in front of you, prices on the live spot price and checks whether any pieces are worth more as jewelry. Pawn shops and kiosks tend to pay less.
Do I need to separate my gold by karat?
No. Bring it all in one bag. We sort and test it in front of you.
Do you buy dental gold?
Yes. It’s almost impossible to tell the gold content of dental gold, so we pay the maximum after the gold is refined.
Is a small amount of gold worth selling?
Yes. We buy everything from a single earring to investment-grade bullion. For sterling silver, we buy items with a minimum weight of 500 grams (about 1.1 pounds).
Find Out What Your Scrap Gold 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.
Reviewed by
Co-Founder & Diamond Expert
- GIA (Gemological Institute of America), Diamond Essentials, 2014
- Institute for Diamond Studies, Ramat Gan: Course in Gemology, Diamond Grading & Evaluation, 2003
Second-generation diamond dealer who learned cutting and trading from his father in Israel. Trading diamonds in the U.S. since 2004 and buying from sellers in Denver since 2011, where he evaluates diamonds and luxury watches.
