Frequently Asked Questions About Selling Gold In melborune

 To sell gold in Melbourne, you need a valid form of government-issued photo ID, such as a driver’s licence or passport. This requirement helps ensure compliance with local laws and anti-money laundering regulations.

Yes, in Victoria, you are legally required to provide valid photo identification when selling gold. This is to comply with second-hand dealer legislation and regulatory standards.

Yes, selling gold is perfectly legal in Australia, provided you meet all relevant legal requirements, including identification and proof of ownership. Use a licensed and reputable dealer for secure transactions.

Occasional sales of personal gold items may not incur tax, but regular trading or large-scale sales could be subject to capital gains or income tax. Always consult a tax professional to understand your obligations.

You can sell gold in Melbourne at licensed gold dealers, jewellers, bullion traders, and precious metal exchanges. Look for businesses with transparent pricing, good customer reviews, and a physical presence.

Many Melbourne gold buyers specialise in second-hand jewellery. Choose a reputable store offering on-the-spot appraisals, competitive pricing, and secure handling of your items.

Yes, many Australian gold traders offer secure online gold-selling options. These typically involve sending your gold by insured post or dropping it off in-store, followed by prompt valuation and payment.

Yes, pawn shops do buy gold, but their payouts are often lower than those from specialised gold traders. Always compare quotes from multiple sources before selling.

Gold is valued based on its purity (measured in karats), weight in grams, and the current spot price on the global market. A certified gold buyer will test and weigh your gold to determine its value.

The price of gold per gram changes daily depending on international market fluctuations. Most dealers display live rates online or in-store to help you stay informed.

To get the highest return, sell to a licensed gold buyer, compare rates from different dealers, and sell when gold prices are high. Selling purer forms like 24k gold will usually earn more.

Yes, 24k gold is the purest form and fetches the highest price per gram. Gold buyers typically pay more for 24k items compared to 18k or 14k pieces.

Yes. Broken, worn, or tangled gold jewellery is still valuable based on weight and purity. Most gold buyers in Melbourne accept all types of gold jewellery, regardless of condition.

Yes, we buy all types of gold coins, including Australian Kangaroo coins, international bullion, and commemorative issues. Value is based on purity, weight, and collectability.

Yes, gold bullion bars and coins are accepted and often command premium prices. Ensure bullion items are stamped with weight and purity for smoother transactions.

Yes, gold watches can be sold, though only the gold components (like the case or strap) are valued for their metal content. Brand and mechanical value may also affect pricing.

Selling gold is usually quick. After appraisal and testing, most transactions are completed within 15–30 minutes, especially at reputable Melbourne gold traders.

We offer instant payment via cash. Always ask your chosen trader about available payment options.

We welcome walk-ins, while other gold dealters prefer appointments.

Yes, in most cases. Your gold is appraised and tested on the spot, with payment processed immediately upon acceptance of the offer.

Yes, a reputable gold buyer in Victoria will hold a Second-Hand Dealer Licence and comply with local regulations. Always verify credentials before selling.

We are a gold buyer who offers live gold prices, transparent testing, and no hidden fees. Reading customer reviews and comparing rates also helps ensure a fair offer.

Yes, trusted gold buyers typically perform testing in front of you using non-destructive methods like XRF analysis. This adds confidence and transparency to the process.