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FAQ

What is the guarantee from The Gold King all about?

We believe we have the best interest rates when it comes to you borrowing money on your jewellery. So if you find a second hand dealer or pawnbroker on the Gold Coast offering a monthly interest rate lower than our 20% per month we will beat them straight up. You just have to ask for a good deal at The Gold King and you’ll get it.

 

What do you buy?

You can bring us any material containing gold, silver or platinum. That includes anklets, bracelets, brooches, chains, charms, clasps, coins, dental scrap (Gold or Silver), earrings, gold solder, ingots, links, necklaces, nuggets, pendants, pins, rings, shot, watches & bands, wire (Gold or Platinum) & EVERYTHING ELSE! All Karats Accepted: 8k 9k 10k 14k 15k 18k 22k 24k. And if you’re not sure of something, either come in and let our experts make the determination or give us a call and we may be able to help you over the phone.

 

Do you buy Silver?

Yes. We buy silver coins, silver bullion and scrap silver of all purities.

 

Do you buy Platinum?

Yes. We buy Platinum jewellery, coins and scrap Platinum.

 

How much do you pay for 9kt gold?

The Gold King pricing is ultra-competitive and reviewed daily. We reference the price of gold quoted on the market prices on a daily basis and calculate formulas against each of the various karats – 8 through 24.We regularly monitor the price of scrap gold and adjust our prices accordingly. As we do not have retail or high street premises to maintain, our costs are much lower than our competitors, allowing us to pay you more for your scrap gold. Incidentally, if you do happen to find another company paying a higher rate than us, please let us know – we’ll aim to beat it!

 

What about the diamonds and other stones in the jewellery?

As gold buyers, we are only interested in the gold content of your pieces as we do not deal in stones.

Depending on the weight and number of stones, your evaluation specialist may adjust the calculations slightly to account for the extra weight of the stones.

 

What are your payment methods?

Our standard payment method is cash. We will pay you cash on the spot for your unwanted jewellery.

 

I’ve just paid $1,500 for a bracelet from a retail shop and the value of gold has gone up since then. Will I get more for it?

Unfortunately, the answer is no. Because you’ve purchased your gold jewellery from a retail store, at retail prices, the price you’ve paid is not solely based on the value of gold but the design, manufacturing, transportation, staff wages, store rental and so on. This means the price you pay for new jewellery in retail stores is inflated well over the actual gold value alone.

 

Do you sell gold?

Yes. We have a wide collection of jewellery available for sale. Come in and find yourself a special bargain today!

Do you repair jewellery?

Yes. We repair, remodel, adjust and custom make any jewellery at competitive prices. Ring resizing, soldering broken chains and bracelets, attaching charms, stone setting, custom made jewellery … No job is too small or too big for The Gold King. We always give you a free quote, then you can choose to proceed with the job if you are satisfied with the price!

 

What are your charges on loans on jewellery?

We charge a fixed interest rate of 20% per month. For example, if you borrow $100 your interest charge is $20 per month. If you can get a better deal anywhere else, we will beat it straight up. No questions asked.