|
Selling
your gold
To get the best price for your gold
you will need to clean and dry it before presenting it to a gold buyer.
Gold buyers won’t accept it with black sand or other debris in it.
When you deliver your gold to a gold merchant or any buyer who has a
licence to buy gold (this may be a jeweller), your gold will need to
have an assay done to test it for purity. The merchant then pays you
according to the outcome of the assay and the world gold price on the
day of the assay. One gold buyer and refiner in New Zealand is willing
to take any amount of gold you want to sell, whether it is half an ounce
or 50 oz, large nuggets, small flakes, or bright, fine gold. An assay
costs $55 and 18c-20c a gram to refine your gold if you want it as an
ingot (April 2001 prices).If you want to sell your gold to this firm,
package it securely and courier it with a tracking slip attached, to:
Morris & Watson Ltd., Precious Metal Refiners 350 Neilson
Street, Onehunga, Auckland. Phone
(09) 634 2035
Gold
Buyers on the West Coast of the South Island are:
Morris
& Watson – Agents: Brian
& Jenny Forrest,18
Bridge Street, Greymouth. Phone (03) 768 0559. Ring for current charges.
Tennant Gold Buyers of Australia - Agent:
Judith Tucker 66 Mackie Street Greymouth. Phone (03) 768
5900. Ring for current charges.
Jewellers
It is easiest for the
fossicker to sell to jewellers. Usually there will be no assay charges,
just a handling and toll-call fee. In some cases this may amount to as
much as $100. They ring the
refiner, Morris & Watson or Tennant, and get the current price, then
add their own handling fee. Many jewellers have to package your gold and
send it to the refiners; others may sell it through their shop like the Gold
Room in Hokitika, and the Gold Shop in Arrowtown. European
Jewellers in Christchurch will assay your gold
for nothing, but charge a fee if you want it refined, which they
can do on the premises. Most jewellers will give you a cash cheque on
the spot. These businesses give you a good deal, so do shop around when
you want to sell.
European Jewellers
112 Hereford Street,
Shades Arcade Corner, Christchurch. Phone (03) 366 4567. This
firm will assay and buy gold for no fee and can refine gold for a fee.
The
Gold Room Tancred Street, Hokitika. Phone (03) 755 8362. The
Gold Room will buy nuggets and gold and make jewellery. No assay charges
if the gold is local.
The
Gold Shop 29
Buckingham Street, Arrowtown. Phone (03) 442 7945.
The Gold Shop will buy gold and nuggets and make jewellery. No assay
charges if the gold is local.
Jens Hansen, Gold/Silversmith Jewellers 320 Trafalgar Street, Nelson.
Phone (03) 548 0640.
Fee depends on amount and type of gold.
If
you have a favourite gold buyer not listed here would you let us know?
We
want to keep updating this website with new information and gold
fossicking finds. Do keep the stories coming. Our email address is here
|