If you have broken gold jewelry hidden in a drawer, a broken chain, a dented ring, or an individual earring with no partner, you may be surprised to discover that it's still worth something. Most people assume damaged or incomplete pieces are valueless, but this is anything but the case. At 24 Gold Group Ltd., we assist customers in converting their unused or broken gold into instant cash regardless of its condition.
So, how valuable is broken gold jewelry, really? And can you even sell it? Let's get down to it.
Broken Doesn't Mean Worthless
Gold is worth money due to its metal value, not its state.
Purity: Weighed in karats like 10K, 14K, 18K or 24K, this reflects the amount of pure gold contained in the piece.
Weight: Heavier gold means a higher payout. Heavy pieces generally earn a higher payment.
Current Market Price: Gold prices change daily according to world markets.
At 24 Gold Group Ltd., we weigh and evaluate the purity of your broken pieces and determine their worth from the most current gold spot prices. Because we're ranked as one of the Best Bullion Dealers In Canada, you can be certain that our prices are competitive, transparent, and honest.
Can You Sell Broken Gold Jewelry?
Yes, broken gold is as sellable as complete jewelry, and sometimes more so because it is no longer wearable or emotionally valuable.
The following is what we will accept:
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Broken bracelets and chains
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Missing gemstones from rings
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Deformed or bent gold items
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One earring
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Gold items with broken clasps or settings
Since 24 Gold Group Ltd. is a reputable buyer and refiner, you can scrap these pieces and melt them down for their gold content, so even the most ruined pieces retain value.
How Much Can You Expect to Get?
Your broken gold jewelry payment will be based on several important considerations:
Karat Purity
Gold purity is measured in karats, with 24K being pure gold. A 10K piece contains just over 41% gold, while 18K is 75%. Higher karat means higher payout.
Weight of the Gold
The more gold content your item has, the more it’s worth. Even small pieces can add up if they’re solid and high-karat
Daily Gold Rate
Gold prices change every day. We only ever use current rates to provide you with a true and competitive quote.
Buyer's Reputation
Not every buyer pays the same rate. Some charge high commissions or have secret fees. That's why the best gold selling location in Toronto is so important, and that's where 24 Gold Group Ltd. is here for.
Why Choose 24 Gold Group Ltd.?
As one of Canada's top bullion dealers, we provide decades of experience and honesty to each transaction. Here's why gold sellers rely on us:
Highest Price Payouts - We provide among the industry's most competitive payments.
No Service Fees or Refinery Charges - What we pay is what you receive. No hidden fees or service charges.
Proven Testing - We test for gold purity using industry-grade equipment in your presence.
Instant Payment - As soon as you accept our quote, we pay you immediately.
Trusted Reputation - We're considered the top spot to sell gold in Toronto for good reason, our customer service, integrity and professionalism are unmatched.
What You Need to Bring
It's easy to sell your damaged gold jewelry. Just bring with you:
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The item(s) you wish to sell
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Valid government-issued ID
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Original packaging or receipts, if available (optional)
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No appointment necessary, come see us for a complimentary, no-commitment consultation.
Last Thoughts
Don't let broken gold jewelry sit on the shelf. What may appear to be scrap may be more than you realize, particularly with gold prices so high in 2025. Whether you have a broken necklace, bent ring, or mismatched earring, 24 Gold Group Ltd. makes it easy, straightforward, and rewarding.
If you're looking for the Best Place To Sell Gold In Toronto, come and see us today. We're here to assess your items and provide you with a price you can be proud of. With a reputable name and a passion for fairness, 24 Gold Group Ltd. is the pride of one of the top bullion dealers in Canada and your first choice for cashing in broken gold.
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