Precious Metal Purchases

At St. Louis Gold Buyers and Jewelry Center purchasing precious metals from customers is a intricate process that requires expertise, diligence, and a keen understanding of the market. When a customer approaches one of our staff interested in selling their gold, silver, platinum, or other precious metal holdings, a careful evaluation must take place. First, we will closely inspect the items, verifying their authenticity and assessing their purity, weight, and condition. This involves the use of specialized equipment like scales and acid tests to ensure the metal's quality. Our staff must also stay up-to-date on the constantly fluctuating spot prices for precious metals, as these will determine the offer price extended to the customer. Factors like supply and demand, global economic conditions, geopolitical tensions, designer pieces and as simple as the presence of set stones like diamonds and other semi-precious gemstones all influence these volatile market prices. Our staff will then calculate a fair offer based on the current spot price, quality and quantity of stones, and if the piece is from a luxury designer or mass produced.  Establishing trust at St. Louis Gold Buyers and Jewelry Center is of our upmost importance, we will transparently walk the customer through our assessment and pricing methodology. Once an agreement is reached, we will write our customer a check and have them sign all the necessary documents to finish the transaction. After the customer is taken care of, the jewelry will be processed, restored to its original condition and repurposed or be melted and made into a new piece.

Visit our location today to sell us your unwanted Gold, Silver and Platinum.