Gold Jewellery Appraisal & Valuation

Gold jewellery holds both sentimental and financial value. Discover the true worth of your cherished gems with Maxi-Cash’s complimentary gold appraisal and valuation online.

Our team of valuation experts are trained to assess every detail of your gold jewellery to ensure you get an accurate estimate. Get a comprehensive and fair appraisal for your valuables now.

Choose Maxi-Cash For Gold Appraisal

Our gold jewellery appraisal process is straightforward and transparent. This is how our online gold evaluation works:

1. User Submission

Begin by submitting clear and high-resolution photos of your gold jewellery from multiple angles, with any Singapore coin placed in the frame for scale. This ensures that our evaluators get a comprehensive view of its condition, design, and any markings.

Next, explain more about your valuables, providing details about its weight and karat purity (10k, 14k, 18k etc). 

Lastly, attach any certificates, receipts, or past appraisals of your gold jewellery. This can streamline the evaluation process and offer a starting point for our assessors.

2. Preliminary Assessment

Our certified evaluators will conduct a thorough examination of your gold jewellery, taking into account its condition, craftsmanship, age, brand, and market demand. Your gem might be compared with similar items in current markets or past sales to gauge its market demand and uniqueness.

If more details are required or if there’s any ambiguity, you might be contacted to provide additional information or clarification.

3. Receive Evaluation Estimate

Once the initial appraisal is complete, you’ll receive an estimated valuation for your gold jewellery. Our evaluators will compile a report that breaks down the factors contributing to your jewellery’s valuation. This can include its intrinsic gold value based on weight and purity, as well as added value from design, brand, or historical significance.

Along with the estimated value, you’ll typically receive guidance on what to do next, whether you’re looking to sell your gold jewellery to our pawn shop, insure, or simply wish to know its value for personal knowledge.

Factors Considered in Gold Evaluation

Gold jewellery evaluation is a meticulous process that incorporates several critical factors to arrive at an accurate value.

Purity of gold

One of the primary determinants of gold’s value is its purity. Gold purity is often measured in karats, with 24 karats being pure gold. The karat level indicates the proportion of gold to other metals in an alloy. For example, 18 karat gold contains 18 parts gold and 6 parts of other metals. At Maxi-Cash, advanced testing methods are used to ascertain the exact purity of the gold being appraised.

Weight of the item

The value of a gold item also largely depends on its weight. It’s measured in grams, and this weight, when multiplied by the current gold price, determines its basic value.Our precision scales ensure an accurate reading to the smallest decimal.

Current market price of gold

Gold prices are dynamic, influenced by various global economic, political, and demand-supply factors. We constantly update our systems to reflect real-time gold prices, ensuring your piece is valued according to the latest market rates.

Design and craftsmanship

A well-maintained gold piece, free from scratches, dents, or any form of damage, will also naturally fetch a better value. We recognise and account for such nuances, appreciating the care, skill, and creativity that goes into creating exceptional pieces.

Trust Maxi-Cash's Gold Evaluators

With years of experience and a keen eye for detail, our gold evaluators ensure that every jewellery piece is evaluated with the precision it deserves. Choose Maxi-Cash for your gold jewellery appraisal and valuation today.

Gold Appraisal Methods

Visual Observations

By just looking at a gold piece, our experienced evaluators can make preliminary judgments on its condition, age, and potential karat level. Visual observations often involve examining hallmarks, signs of wear, and craftsmanship details. These initial impressions are valuable for setting the context for more detailed evaluations.

Appraisal Tools

Using the latest tools and technology in the industry, we can provide a more thorough assessment of your gold items. From electronic gold testers that assess metal purity to precision scales for weight verification, these tools ensure the evaluation is both accurate and consistent. Additionally, magnifying tools might be employed to inspect intricate details, while X-ray fluorescence (XRF) analysers can be used to determine the exact composition of the gold, revealing not just purity but any alloyed metals present.

Benefits of Evaluating Your Gold

Knowing your jewellery’s exact value in today’s market not only gives you peace of mind but also equips you with the knowledge you need for future decisions.

Insurance purposes: In the unfortunate event of theft, loss, or damage, having a recent gold appraisal can streamline the claims process, ensuring you’re compensated appropriately.

Selling: If you’re considering selling a jewellery piece, an accurate appraisal ensures you get a fair market price.

Estate planning: For those wanting to pass down their gold jewellery as an inheritance, knowing its value can help in equitable distribution among heirs.

Personal knowledge: Some may simply wish to understand the worth of their investments over time.

Gold Valuation Tips

Clean your jewellery carefully: Cleaning your gold items can enhance their appearance, making them more appealing. However, always clean them gently with appropriate methods to avoid damaging the piece. Often, a mild detergent or dish soap mixed with lukewarm water is enough. Let the jewellery soak for about 20-30 minutes. Then, gently scrub with a soft-bristle brush to remove accumulated dirt. 

Keep documentation: Keep certificates of authenticity, original receipts, or any other documentation on-hand. They can offer proof of purchase and origin of your gold jewellery.

Beware of gold-plated items: Gold-plated items contain a thin layer of gold on the surface but are not solid gold. The base metal is often copper or brass, which have significantly less value than solid gold pieces. Over time, the gold plated layer can wear off, revealing the underlying metal that is less valuable.

Check current gold prices: Gold prices fluctuate daily based on global market conditions. Before getting your gold appraised, check the current market rate to have a rough idea of its value.

Gold Appraisals FAQs

Is there a fee for the online gold evaluation?

Maxi-Cash offers our initial online gold evaluation service at no charge. This is to provide our customers with an accessible and convenient way to gauge the worth of their gold.

How accurate is the online gold evaluation?

Our online gold evaluation provides a preliminary estimate based on the details and images you provide. While we utilise our expertise and the latest market trends for the evaluation, it’s important to understand that this is only a rough guide. An in-store assessment is recommended for a more detailed and precise valuation.

Why might the online estimate differ from the in-store evaluation?

While our online evaluations are conducted with utmost precision, certain factors can only be accurately assessed in person. For instance, the weight, purity, design, and overall condition of the gold jewellery might differ slightly upon a physical examination.

An in-store evaluation allows our experts to employ advanced appraisal tools and techniques, ensuring a comprehensive assessment.

Do I need to commit to selling my gold after receiving an evaluation?

No, you’re not. You are under no obligation to sell your gold to us after receiving the appraisal. Our primary goal is to offer you a transparent understanding of your item’s worth, empowering you to make informed decisions.

Can I get my gold item re-evaluated in the future?

Certainly! The value of gold fluctuates based on market trends, and an item’s condition or craftsmanship might also influence its worth over time. We welcome our customers to return for re-evaluations whenever they deem necessary. We’re always here to assist and provide updated insights into your assets at Maxi-Cash.

Participate in a lucky draw

Entries to the Dazzling Draw is only for valid transactions made from 12 April to 16 May. Every $600 spent (storewide including preloved gold, preloved gem set jewellery and LuxeSTYLE branded collections) will be entitled to one lucky draw chance, there is no limit to the number of chances.

Winners will be selected at random and notified via phone and results will be published on Maxi-Cash official Facebook Page on 31 May.

Prizes:

  • 1st Prize: 1.01ct True Carat Ring worth $8,248
  • 2nd Prize: 0.75ct True Carat Pendant worth $3,868
  • 3rd to 10th Prizes: 999 Pure Gold Petite Heart (1g) worth $148 each

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