Selling Gold & Silver
How the Cash-for-Gold Process Works
Short answer: “cash for gold” simply means selling your gold jewelry, coins, or scrap to a buyer who tests it, weighs it, and pays you cash on the spot, usually in a few minutes. Here’s exactly how the process works and what to expect from a reputable shop.
Step by step: how cash for gold works
- You bring your gold in. Jewelry, coins, dental gold, scrap, any condition. Bring a valid photo ID (required by South Carolina law).
- The buyer tests it. A reputable shop confirms the purity (karat) in front of you, ideally with an XRF analyzer that reads exact metal content without damaging your items.
- They weigh it. On a calibrated scale, in grams or pennyweights, with you watching.
- You get an offer. Based on the live gold price, purity, and weight. A good buyer shows you the math.
- You get paid. Accept and walk out with cash the same visit.
What a trustworthy cash-for-gold shop does differently
- Tests and weighs in front of you, never in a back room.
- Explains the offer instead of just naming a number.
- Has a real storefront and lots of genuine reviews.
- Checks coins for collector value, not just melt.
- Never pressures you, a fair offer stands on its own.
Red flags to avoid
Be cautious with mail-in gold envelopes, “we’ll beat any price” phone quotes (nobody can price gold accurately without testing it), and buyers who won’t let you watch the test.
Ready to sell in Greenville? Walk in to Greenville Gold & Silver, just off Woodruff Rd, or call 864-901-7975. Family-run since 2012, 700+ 5-star reviews. See our cash-for-gold process.
At Greenville Gold & Silver, cash for gold is exactly this simple: walk in, watch us test and weigh, get a fair offer, get paid. Just off Woodruff Rd, call 864-901-7975.
Ready for a cash offer? Sell your gold in Greenville at Greenville Gold & Silver, tested in front of you and paid on the spot. See everything we buy or call 864-901-7975.
What the visit actually looks like
Start to finish, most gold sales take about ten minutes. You will need a valid photo ID, since South Carolina law requires us to record it on any purchase, so if you leave the license at home we cannot buy that day. We test every piece with our XRF analyzer right on the counter, so you see the karat read out yourself, 10K, 14K, 18K, or higher. Then we weigh it on a calibrated scale in grams, pull up the live gold price, and show you spot times purity times weight.
As an example, a 14K chain that weighs 20 grams is priced on its 58.3 percent gold content, not the full 20 grams, and we walk through that number with you before you decide anything. There is no pressure to sell. If the offer is not right for you, keep your gold and there are no hard feelings.
Wondering about a specific piece? See what a gold bracelet is worth, or read what happens at our counter when you sell gold.
