Sell Gold in Austin
Gold coins, bullion bars, and jewelry purchased at competitive spot-based prices. Written offers, same-day payment. By appointment on Smith Road.
(737) 200-7042Austin Coin Buyers purchases all forms of gold: coins, bars, rounds, jewelry, dental gold, and scrap. We are a coin and precious metals specialist, not a pawn shop or jewelry store. Our buyers understand the difference between bullion gold priced at melt and numismatic gold priced by collector demand.
Every transaction starts with a clear calculation: weight, purity, current spot price, and our buying percentage. You can verify every step. Most sellers in the Austin area who compare our offers against other local buyers find we are competitive or better, particularly on collector coins where our numismatic knowledge matters.
Gold We Purchase
Gold Coins
American Gold Eagles, Canadian Maple Leafs, Krugerrands, pre-1933 US gold, and historical world gold in all grades.
Gold Bullion Bars
PAMP Suisse, Credit Suisse, Valcambi, Engelhard, and Johnson Matthey gold bars in all sizes from 1g to kilo.
Gold Jewelry
10k, 14k, 18k, and 22k gold jewelry purchased by weight and purity. Broken, unworn, and estate jewelry all welcome.
Dental Gold
Dental gold crowns, bridges, and scrap purchased by assay. Dental gold typically tests between 10k and 18k depending on the alloy.
Gold Nuggets and Scrap
Raw gold nuggets, placer gold, and scrap gold evaluated by weight and purity. Clean placer gold in good form receives competitive offers.
Gold Proof and Commemorative Coins
US Mint gold proof sets, First Spouse gold, and commemorative gold coins evaluated by metal content and collector premium.
How Selling Gold in Austin Works
Call to Schedule
Call (737) 200-7042 to schedule your appointment Monday through Saturday. Located on Smith Road in Austin.
We Appraise While You Wait
Gold coins are graded and priced against current market data. Jewelry and scrap are tested by acid or electronic assay and weighed on a calibrated scale.
Written Offer
You receive a written offer showing weight, purity, spot price applied, and our final number. You can verify every step of the calculation.
Cash or Wire Same Day
Accept the offer and receive cash or a same-day wire transfer. No waiting periods, no processing delays.
How Gold Pricing Works
Gold is measured in troy ounces. One troy ounce equals 31.1 grams. The international gold spot price, quoted in US dollars per troy ounce, sets the baseline for all gold purchases. As of early 2026, gold has been trading above $2,800 per troy ounce, near multi-year highs.
For jewelry and scrap gold, the calculation is: weight in grams times purity percentage divided by 31.1 to get troy ounces of pure gold, then multiplied by the spot price. A 14k ring weighing 5 grams contains 5 times 0.583 equals 2.915 grams of pure gold, which is 2.915 divided by 31.1 equals 0.0937 troy ounces. At $2,900 spot, that is about $272 in gold value. We typically pay 85 to 92 percent of that melt value.
For numismatic gold coins, the calculation is different. Pre-1933 US gold may carry a collector premium ranging from a few percent to many multiples of melt value, depending on date, mintmark, and grade. A $20 Saint-Gaudens is never worth just its gold content. The numismatic premium is real and varies significantly by coin.
What Affects Your Gold Offer
Purity
24k is pure gold; 18k is 75%; 14k is 58.3%; 10k is 41.7%. Higher purity means more gold per gram, which means a higher offer per gram.
Weight
All gold is priced by weight in troy ounces. Heavier pieces have more gold content and receive higher total offers.
Form
Bullion coins and bars are easier to resell than jewelry or scrap, which requires melting. Bullion typically receives a higher percentage of spot.
Numismatic Value
For collector coins, condition and date can multiply the value far above melt. Common jewelry has no numismatic component.
Frequently Asked Questions
Gold value is calculated in troy ounces. One troy ounce equals 31.1 grams. We weigh your gold, determine the purity (10k is 41.7%, 14k is 58.3%, 18k is 75%, 22k is 91.7%, 24k is 99.9%), calculate the pure gold content in troy ounces, and apply the current gold spot price. We typically pay 85 to 95 percent of the melt value depending on the form of the gold and current market conditions.
Yes. Gold jewelry is one of the most common items we purchase. We test each piece for purity using electronic assay or acid testing and weigh it on a calibrated scale. Designer pieces are evaluated for any additional premium above melt. Most jewelry is purchased at 85 to 92 percent of its gold melt value, which is the realistic market rate for scrap gold. Jewelry with gemstones is evaluated for the gold content; gemstones from most costume or fashion jewelry have minimal resale value.
Gold trades on a global market and the spot price is the same everywhere. As of early 2026, gold has been trading above $2,800 per troy ounce. The exact number changes daily. Call us at (737) 200-7042 or check a financial site like Kitco for the current spot. Our offers are calculated using the live price at the moment of the transaction.
Pre-1933 US gold coins carry a numismatic premium above their gold content because collectors pay for rarity, historical significance, and condition. A $20 Saint-Gaudens contains 0.9675 oz of gold, worth about $2,800 at $2,900 spot. A common date in circulated condition might sell for $2,900 to $3,100, a 5 to 10 percent numismatic premium. An MS65 example of the same date could sell for $5,000 to $15,000, representing a major numismatic premium. The date, grade, and mintmark determine how much of a premium applies.
Yes. Broken chains, bent rings, single earrings, and damaged pieces are all purchased for their gold content. The condition of jewelry does not affect the value of the gold inside it. A broken 14k gold necklace weighing 10 grams has the same gold value as an intact one of the same weight. We pay on gold content, not the aesthetic condition of the piece.
A few gold coins takes 10 to 20 minutes. A bag of jewelry or mixed gold takes 20 to 45 minutes depending on the quantity and variety. We do not rush. Every piece gets weighed individually and tested for purity. You see every measurement and calculation before we present the offer.
We pay cash for smaller transactions and same-day wire transfer for larger amounts. Wire transfer is typically used for transactions above $5,000 to $10,000 depending on the situation. We do not use checks or pay by card. Payment is immediate once you accept the written offer.
Ready to Sell Your Gold in Austin?
Monday–Saturday · 10am–6pm
(737) 200-7042Appointment required · Call to schedule · Cash or wire same day