Selling gold should be simple, but a lot of people leave money on the table because they don't know how the price is figured. If you're in Broward County and thinking about selling a chain, ring, or a drawer of broken jewelry, here's how to get a fair number.
How a gold buyer calculates your offer
The value of scrap or resale gold comes down to three things: the weight, the karat purity, and the current gold market price. A buyer weighs the item, confirms the karat, and calculates how much pure gold it contains. Higher karat and more grams mean more money.
Because the gold price moves every day, offers move with it. A fair buyer will explain the math to you rather than just naming a number.
Mistakes that cost you money
- Not separating karats. 10K, 14K, and 18K are worth different amounts per gram. Lumping them together can undervalue your higher-karat pieces.
- Assuming broken jewelry is worthless. A snapped chain or a single earring still has full gold value by weight.
- Selling without seeing it tested. Insist on watching the item weighed and karat-tested.
Sell vs. pawn
If you want the most cash and don't need the item back, selling is the right move. If you might want it back, a pawn loan lets you borrow against it instead. Not sure? Read our breakdown of pawn vs. sell and how much your gold is worth.
Why sell locally in person
Mail-in services make you ship your gold and wait, hoping the offer is fair. Selling in person in Broward County means you watch every step, get your cash the same day, and can ask questions face to face. We also buy gold and silver coins and bars.
Frequently asked questions
What do I need to sell gold?
A valid government-issued photo ID, required by Florida law, and the items you want to sell.
Do you buy broken or single-piece jewelry?
Yes. Broken chains, lone earrings, and bent rings all carry full gold value by weight and karat.
Will you tell me how you got the number?
Yes — we weigh and test in front of you and explain how the offer is calculated.
Visit DD Pawn Loans in Pompano Beach
DD Pawn Loans is at 2751 W Atlantic Blvd, Pompano Beach, FL 33069, serving all of Broward County. Call or text (561) 774-9292. Hours: Mon–Thu 10am–6:30pm, Fri 9am–8pm, Sat 10am–6:30pm, closed Sunday. All sales are final — no returns.