October 28, 2019

Are you looking to make a bit of extra money by selling gold and silver? Maybe you’ve invested in some bullion and want to trade it in, or you have gold and silver lying around the house and you want to declutter and make some money.

Gold and silver can come in all sorts of forms, whether bullion, coins, jewellery, or in scraps. Precious metals are always valuable, especially when the purity level is higher. So if you have any of these items and are willing to part with them, you can make a decent amount of money as long as you bring them to the right buyer.

Bring Your Precious Metals to Muzeum

Our name might as well be “Muzeum Gold & Silver” because we are the best place to sell gold in Toronto, hands down (as well as silver!). The evaluations we do are based off current market values which you can easily view from our website. We’re all about transparency and unlike the other guys we don’t value your pieces based off of the insurable price (which is lower than the market value).

If you’re wondering how much can you get for your gold and silver items then it’s best to take them to our store where they can get properly evaluated. We have a staff of experts who will be able to walk you through the process and explain in detail the worth of your items – for free!

How We Determine Your Item’s Value

There are a number of factors that go into an item’s value. As already discussed, precious metal content is one of them. But how do we know when an item is truly made of gold and silver? There are a few ways to tell:

  • Precious metals are heavy; experts can often tell if an item is made of real gold or silver just by holding it in their hand
  • Silver and gold aren’t magnetic; you can use a strong magnet against your item to see if it produces a reaction (if it does, then your item doesn’t have any precious metals)
  • Sterling silver tarnishes when exposed to air, so if you rub a cloth on an item you think is silver, there should be black residue
  • Items with true precious metal content often have hallmarks or stamps to indicate their purity
  • We have an on-site XRF machine that will tell us exactly what material your items are made of

Let’s take a closer look what kind of hallmarks and stamps (markings) you should be checking for:

Standard Gold Markings

Standard Silver Markings

·       9k Gold Jewellery (37.5% pure)

·       10k Gold Jewellery (41.6% pure)

·       14k Gold Jewellery (58.5% pure)

·       18k Gold Jewellery (75% Pure)

·       22k Gold Jewellery (91.6% pure)

·       GF – Gold Filled

·       GP or GEP – Gold Plated or Gold Electroplated

 

·       .500 (50% pure)

·       .800 (80% pure)

·       Sterling/Ster/.925 (92.5% pure)

·       EP – Electroplated

·       EPNS – Electroplated Nickel Silver

·       Maker’s marks

By looking at these marks, you can tell right away what the purity level of your item is. In regards to maker’s marks, you can try looking it up using this website, but usually it’s best to have a professional take a look at it for you. The experts we have at our store have years of experience with this sort of thing and will usually be able to tell right away what kind of mark it is.

What We Buy

There really is no downside to visiting our store. We will buy pretty much everything, just take a look at our previously purchased gold and see for yourself. You’ll find items listed there like:

  • Broken and used gold jewellery for $7,935.00
  • A Tiffany & Co. 18k gold engagement band for $695.00
  • 22k gold maple leaf brooch for $865.00
  • Assorted gold coins and bullion for $22,430.00

That’s a lot of money for something that may have just been sitting away in storage! Want to know what else we buy? It’s a long list, but here’s the short version:

  • All gold products
    • Old gold jewellery, new gold jewellery, mismatched gold jewellery, scratched, or broken gold jewellery
    • Gold coins, gold bullion, gold jewellery, gold scraps
    • Gold plated and filled items as well
  • All silver products
    • Old, new, mismatched, scratched, or broken
    • Silver coins, silver bullion, sterling tea settings, cutlery, and jewellery
    • Silver plated and filled items as well
  • Paper money
    • Canadian notes: Bank of Canada, Bank of Montreal, Bank of Nova Scotia, Bank of Toronto, Canadian Bank of Commerce, etc.
    • American notes: United States Silver Certificates, United States Federal Reserve notes, United States Demand Notes
    • World notes dated 1950 and earlier
  • Antiques and collectables
    • Small collectibles (pocket watches, rings, brooches, etc.)
    • War memorabilia (like medals and weapons)
    • Movie memorabilia (like posters and props)
    • Vintage toys (like diecast cars and old dolls)
    • Rare comic books and video games
    • Antiques 50s to 60s and earlier

That’s a lot of stuff that you could potentially get paid for. We have a vast network of collectors, so even if we can’t buy your item we can connect you to someone who will. That’s one of the advantages of coming to us when you have something to sell – our experience and reputation ensures that you’ll get paid the most for your stuff.

Visit Us Today

Even if you are just curious about the value of old bills you found stuffed away in your drawer, you should stop by our store. There’s absolutely no obligation to sell when you come in to get your items evaluated.

As the storefront of the Great Canadian Roadshow, we are passionate about sharing our knowledge of antiques and collectables, and always want to be helpful – this means getting you the maximum amount for your items. We take our job very seriously and believe in running a business based on integrity, trust, and transparency.

People come to us because they can feel the difference. We’re not just your average gold buyer in Toronto – we’re so much more. So the next time you’re thinking about selling your precious metals or collectables, consider visiting us for an experience you won’t forget.


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