scrap gold in a pile waiting for value to be determined

What Is Scrap Gold and How Much Is It Worth?

Got broken jewelry collecting dust in a drawer? A single earring with no match? An old gold watch you never wear?

All of those might be worth more than you think.

Welcome to the world of scrap gold, where unwanted gold items can turn into fast, easy cash.

What Is Scrap Gold?

Scrap gold is any gold you no longer want in its current form. It’s not about the style or brand. It’s about the gold itself.

Common Types of Scrap Gold:

  • Broken or tangled jewelry
  • Single or outdated earrings
  • Old or damaged gold coins
  • Dental gold (yes, even that!)
  • Gold watches or accessories
  • Gold parts from electronics or machinery

Most of these items are melted down and recycled into new jewelry, gold bars, or even industrial components. The condition doesn’t matter. What matters is the weight and purity.

Questions People Ask Before Selling Scrap Gold

How much is my gold worth?

To get an estimate, ask:

  • What karat is it—10K, 14K, 18K?
  • How much does it weigh?
  • What’s gold trading for today?
  • Will I get full price or just a portion?

(Hint: it’s usually a portion.)

How do I know I’m getting a fair deal?

At Gene’s Jewelry & Pawn, we test and weigh your gold right in front of you. No secrets. No pressure. You’re even encouraged to shop around.

Do you buy all kinds of gold?

Yes! We buy:

  • Broken jewelry
  • Coins
  • Dental gold
  • Even gold-filled or gold-plated pieces

Not sure what you’ve got? Bring it in. We’ll check it out and let you know.

How does the process work?

No appointment needed. Just bring your gold and a valid ID. We’ll weigh it, test it, and make an offer. If you say yes, you get cash on the spot. Easy.

Can I trust this place?

We’ve been around nearly 40 years and we’re proud members of the National Pawnbrokers Association. In fact, we’re the only pawn shop in Charleston, SC with that distinction. And yes, we’ve got glowing online reviews to back it up.

What if I’m not sure?

No problem. Think it over. Just remember—gold prices move every day. Waiting could mean a higher or lower payout.

What if the item has sentimental value?

Then pawning might be the better option. You’ll still get cash, but you can get your item back once the loan is repaid.

 

Don’t Let Your Scrap Gold Go to Waste

Scrap gold might not look like much, but it can hold serious value. From broken chains to mismatched earrings to dental gold, it’s all worth checking out.

Bring it in to Gene’s Jewelry & Pawn. No appointment needed. We’ll treat you right, give you a fair offer, and answer all your questions.

Got gold? We’re ready when you are.

 

Gene's Jewelry & Pawn

Gene’s Jewelry & Pawn is a member of the National Pawnbrokers Association and the South Carolina Pawn Association. With over 35 years of experience in the pawn industry, we have become experts in the collateral loan business. We are passionate about providing you honest, trustworthy, and reliable information about what to expect from a pawn shop.

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For almost 40 years, Gene's Jewelry & Pawn has been providing cash loans and quality products at affordable prices to Charleston, North Charleston, Goose Creek, Moncks Corner and surrounding areas.

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