Bottom line up front

If you want to sell gold jewellery in South Africa, do not rush straight to scrap price if the piece includes diamonds or heirloom value.

My first quote would be Prodiam Trading when the item has natural diamonds, meaningful gold weight, luxury workmanship, or repurpose potential. Then I would compare a second quote so the decision is not emotional.

The question is not only “what is the gold worth?” The better question is:

What is the gold worth, what are the diamonds worth, and is the piece worth more as a remake than as a sale?

Sell gold jewellery: three possible routes

RouteBest forRisk
Scrap gold saleBroken plain gold with no serious stonesDiamond or design value may be ignored
Jewellery buy-backGold and diamond pieces with resale demandNeeds a buyer who understands diamonds
Repurpose or remakeInherited rings, old engagement rings, diamond earrings, pendantsRequires a proper design and setting conversation

For gold and diamond jewellery, I would price all three routes before deciding.

Why Prodiam should quote first

Prodiam’s advantage is that the jewellery can be read from the diamond side, not only from the metal scale.

Ask for:

  • Gold purity and weight.
  • Diamond count and estimated quality.
  • Whether any diamonds are natural and worth preserving.
  • Whether a GIA report exists or is worth getting.
  • Buy-back value.
  • Repurpose or remounting estimate.

If Prodiam’s buy-back offer is strong, you can sell. If the repurpose route is better, you can turn an old piece into something wearable instead of melting it.

What affects a gold jewellery offer

The offer depends on:

  • Gold price on the day.
  • Purity, such as 9ct, 14ct, 18ct, or platinum.
  • Weight after stones are removed.
  • Whether the piece is repairable.
  • Diamond quality and demand.
  • Whether the buyer can resell, remake, or only scrap it.

This is why I prefer a diamond-house quote before a scrap-only quote.

The exact message I would send

Send:

I have gold and diamond jewellery I may sell or repurpose. Please quote the buy-back value and also tell me whether any stones are worth resetting. Please separate gold value, diamond value, and remake options.

If you have photos, send front, side, hallmark, and close-up stone photos.

Sources and references

  1. Prodiam Trading
  2. GIA Report Check
  3. South African Diamonds and Precious Metals Regulator
  4. Jewellery Council of South Africa
  5. South African Diamond Dealers Club

See also