Sell Jewellery
York Gold Exchange – Etobicoke’s Newest Jewellery Buyer!
Welcome to York Gold Exchange, Toronto’s premier scrap gold and jewellery buying service. Whether you’re selling inherited estate jewellery, downsizing, or simply decluttering, our fast and efficient same-day process ensures you receive top dollar for your valuables.
As a trusted liquidator with expertise in appraising and valuing a wide range of assets—including bullion, coins, and fine luxury jewellery—York Gold Exchange is the go-to destination for selling your Gold and silver quickly and effortlessly. Our team of specialists expertly determines the value of everything from vintage and luxury pieces to broken and scrap jewellery—even costume jewellery! From engagement rings to luxury watches, we buy it all, ensuring a seamless and secure selling experience with the best possible payout.
Need Immediate Cash? Get a Loan Against Your Gold & Silver
At York Gold Exchange, we offer loan and buyback services for gold and silver items, providing you with access to instant cash while allowing you to reclaim your valuables later. With the lowest interest rates in the industry, our flexible loan options ensure you get the financial assistance you need—without unnecessary stress.
Why Choose York Gold Exchange?
✅ Highest Payouts – Get the best price for your gold, silver, and jewellery.
✅ Flexible Loan & Buyback Options – Access quick cash while keeping ownership of your valuables.
✅ Lowest Interest Rates – Industry-leading rates that save you money.
✅ Hassle-Free Process – Fast, transparent, and commitment-free valuations.
Our in-store and online platforms make selling simple and secure. When one of our specialists provides an offer, it includes all essential details, giving you complete confidence in your valuation. Our experts will guide you through every step, ensuring you receive the best price for your rings, necklaces, earrings, and watches. Plus, all valuations and offers are completely obligation-free.
Shop, Sell, Buy Back—The Choice is Yours!
Don’t settle for less when selling or borrowing against your bullion, coins, jewellery, or watches. Come to York Gold Exchange today for the most cash, the lowest interest rates, and the best service in the industry!
Before using the calculator, the most important step is to try to identifying what metal you have and its purity. Most gold, silver, platinum, and precious metal items have small stamps, hallmarks, or symbols that indicate purity.
Everyday examples include:
- 10K / 417 = 10 karat gold (41.7% pure gold)
- 14K / 585 = 14 karat gold (58.5% pure gold)
- 18K / 750 = 18 karat gold (75% pure gold)
- 925 = Sterling silver (92.5% silver)
- 999 / 9999 = Fine or pure precious metal (99.9%+ purity)
Look carefully:
- Inside ring bands
- On necklace clasps
- On bracelet links
- On the backs of pendants
- On coin edges or bars
Step-by-Step Guide
Step 1: Gather Your Item
Collect any jewelry (including any costume jewellery!) coins, bullion, silverware, or scrap metal pieces you want to evaluate.
Examples:
- Gold rings
- Silver chains
- Bullion bars
- Sterling silver flatware
- Broken jewelry
Separate items by purity whenever possible (for example, keep 10K separate from 14K).
Step 2: Identify the Purity or Karat
Find the hallmark or stamp on the item.
Common Gold Markings
| Stamp | Meaning | Purity |
| 10K / 417 | 10 karat gold | 41.7% |
| 14K / 585 | 14 karat gold | 58.5% |
| 18K / 750 | 18 karat gold | 75.0% |
| 22K / 916 | 22 karat gold | 91.6% |
| 24K / 999 / 9999 | Pure gold | 99.9% |
Common Silver Markings
| Stamp | Meaning |
| 925 | Sterling silver |
| 999 | Fine silver |
Common Platinum Markings
| Stamp | Meaning |
| PT950 | 95% platinum |
| PLAT | Platinum |
Knowing how to read and interpret purity markings can be extremely helpful when estimating the value of your valuables. Keep in mind that custom-made pieces, rough items, and raw materials are often unmarked, so don’t dismiss an item simply because it lacks hallmarks or stamps.
Step 3: Weigh Your Item in Grams
Use a kitchen scale or preferably a pocket digital scale (which may be purchased in most local convenience stores for less than $20) for the most accurate result.
Please make sure to set or change the setting of the scale to grams (g) unit of measurement. This is the industry wide standard used to calculate the value of jewelry and other items made of precious metals.
Tips:
- Remove non-metal parts if possible
- Weigh items separately by purity
- Record the exact weight
Example:
- 14K chain = 12.4 grams
- Sterling silver bracelet = 28.6 grams
Step 4: Open the Calculator
Go to the calculator section on:
York Gold Precious Metal Calculator
Scroll to the Gold Price Calculator section.
Step 5: Enter the Weight
In the Amount field:
- Type the weight of your item
Example:
- Enter 12.4
Step 6: Select the Unit
In the Unit dropdown:
- Choose grams (recommended)
Other units may also be available.
Step 7: Select the Karat or Purity
In the Karat dropdown:
- Choose the purity that matches your hallmark
Examples:
- Select 10K for 417
- Select 14K for 585
- Select Sterling / 925 for silver
- Select 24K for 999 or 9999 bullion
The calculator automatically applies the purity percentage to estimate the precious metal content.
Step 8: Review the Results
The calculator will display several values, including:
| Field | Meaning |
| Spot/oz | Current market price per ounce |
| Spot/g | Current market price per gram |
| Market value | Estimated raw precious metal value |
| Our charge | Dealer fee/deduction = 20% |
| Total you receive | Estimated payout amount |
Please note that our fee percentage (%) is deducted from the current market value of gold, silver platinum and palladium.
Example Calculation
Suppose you have:
- A gold chain
- Marked 585
- Weight = 20 grams
Steps:
- Enter 20
- Choose grams
- Select 14K
The calculator then estimates:
- Current gold value
- Dealer deduction
- Approximate payout amount
Because 14K gold is 58.5% pure, only part of the total weight is pure gold.
Understanding Common Purity Numbers
Gold Purity Reference
| Karat | Stamp | Gold Content |
| 10K | 417 | 41.7% |
| 14K | 585 | 58.5% |
| 18K | 750 | 75.0% |
| 22K | 916 | 91.6% |
| 24K | 999 / 9999 | 99.9% |
Silver Purity Reference
| Stamp | Silver Content |
| 800 | 80% silver |
| 925 | 92.5% silver |
| 999 | 99.9% silver |
Helpful Tips
- Precious metal prices change constantly based on market spot prices.
- The calculator estimates melt value, not collectible or designer value.
- Coins, luxury jewelry, watches, and antiques may be worth more than melt value.
Quick Checklist Before Using the Calculator
✅ Find the hallmark or purity stamp
✅ Separate items by purity
✅ Weigh items accurately
✅ Enter grams into the calculator
✅ Select the correct karat/purity
✅ Review the estimated payout amount