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Selling gold
We are happy to buy back any gold or silver bullion or gold grams bullion that we have supplied at the very best rates in the market. We offer a guaranteed minimum of 98% of the spot price for gold and silver and for full market gold bars (12.5 kg / 400 oz), this amount can be as high as 99.7%. The prices on the website are up to date during business hours and are updated continuously to reflect the fluctuations in the spot gold price throughout the trading day.
Buy Back Process
If your gold bullion is stored in our vault we can confirm the sell price straight away and generally transfer the funds into your GoldMadeSimple account by the next working day.
In order to sell your bullion back to GoldMadeSimple:-
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Log in to your account
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Select 'My Gold' from the menu
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Click 'Sell Gold' on the right of the item of bullion you wish to sell
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You will be guided through the process by instructions on screen and emails.
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If your Gold is held in our storage facilities, no more action is required by you - if your gold has been delivered to you, you will need to return it to us for testing and condition checks, before the buy back rate can be confirmed.
Bullion in Our Storage facilities
We can confirm a buy back price for bullion in our storage facilities and once accepted by you, we can fix the buy back rate and transfer the funds into your Gold Made Simple accouint immediately. Transfers from your GoldMadeSimple account to your bank account are generally completed within 2 working days.
Bullion Delivered To You
We highly recommend that you send your gold by Royal Mail next day special delivery to ensure a quick and secure delivery. Please note that Royal Mail will insure you for goods worth up to £2,500, for a small fee. As soon as we receive and check the gold we will notify you via email to confirm a price and then transfer the funds into your account by the next working day.
If you have had your gold bullion delivered you will need to send your gold back to us. Once we receive the gold, we will examine the gold bullion and confirm a price based on the condition of the gold bullion and the current spot price. The 98% buy back rate will be reduced if the bars or coins are damaged or need remanufacturing.
This is why most clients prefer to keep their bullion in our storage facility instead of requesting delivery.
Advantage of Storage over Delivery
By having gold stored by us instead of delivered to you, you benefit by:-
- guaranteed buy back rate of 98%, without any risk of deductions for marks / wear and tear
- the buy back spot price can be fixed, without waiting for the gold to arrive and be tested by us
- you avoid the costs, insurance issues, time delay and hassle of returing the bullion to us
| Gold bullion grams |
1.00g |
£34.38  |
| QE2 2012 Gold Sovereign Coin |
7.32g |
£251.75 |
| 10 x QE2 2012 Gold Sovereign Coins |
7.32g |
£2,517.50 |
| QE2 Decimal Gold Sovereign Coin |
7.32g |
£251.75 |
| 10 x QE2 Decimal Gold Sovereign Coins |
7.32g |
£2,517.50 |
| QE2 Pre-Decimal Gold Sovereign Coin |
7.32g |
£251.75 |
| 10 x QE2 Pre-Decimal Gold Sovereign Coins |
7.32g |
£2,517.50 |
| 1 oz Krugerrand gold coin |
31.10g |
£1,069.45 |
| 10 x 1 oz Krugerrand Gold Coins |
31.10g |
£10,694.55 |
| 1oz Gold Britannia Coin -Tax Free (CGT) |
31.10g |
£1,069.46 |
| 10 x 1 oz Britannia Gold Coins |
31.10g |
£10,694.56 |
| 1 oz Maple Leaf gold coin |
31.10g |
£1,069.46 |
| 10 x 1oz Canadian Maple Leaf Gold Coins |
31.10g |
£10,694.56 |
| 1 oz Australian Kangaroo gold coin |
31.10g |
£1,069.46 |
| 10 x 1 oz Australian Kangaroo Gold Coins |
31.10g |
£10,694.56 |
| 100 gram gold bullion bar |
100.00g |
£3,438.38 |
| 250 gram gold bullion bar |
250.00g |
£8,595.94 |
| 500 gram gold bullion bar |
500.00g |
£17,191.89 |
| 1 kilo gold bar |
1,000.00g |
£34,383.78 |
| 12.5 kilo gold bullion bar |
12,500.00g |
£429,797.19 |