The current coronavirus pandemic continues to see a rising number of cases, meaning more of us are spending time based at home. UK Scrap Gold has paused accepting new sales of gold for the safety of customers, and to prevent potential losses of items in transit.
But that doesn’t mean it isn’t possible to get a valuation or have plans in place to recycle your scrap gold. In fact, we have all the tools you could need, so that you’re ready to make a sale, as soon as our full service is resumed.
Valuations of scrap gold have never been so easy!
Scrap gold could be worth a fortune
Market turbulence has led to much money flowing into safe havens in recent weeks, as the COVID-19 pandemic causes key parts of the economy to close down. Cases continue to rise, and as any responsible business would do, UK Scrap Gold paused receiving items from customers from Friday 20th March until further notice.
We’re doing this in the best interests of everyone we work with, to help limit the spread of this new coronavirus, and to limit the risk of precious items being lost in transit, as we’re sure there will be some potential disruption for a short time.
In the meantime, use our Scrap Gold Calculator to value your scrap item today – whether it’s an old piece of jewellery that you’ve been meaning to sell for a while, or something you’ve only just acquired but have no need for, valuation is easy.
Rather than having to send your item directly to us for analysis, using our Scrap Gold Calculator requires you to provide an estimate of the item’s weight and carat (purity), so it can give an accurate reading. Gold prices have been close to all-time highs for a number of weeks, and the Calculator reflects that in each reading it gives.
Sales and recycling as part of our service
When we are able to restore our full service to customers, this includes not only facilitating the sale of scrap gold items for quick and easy cash, we also enable customers to ‘recycle’ gold by selling scrap items to us and purchasing VAT free investment gold bars and coins with the proceeds.
Did you know that gold jewellery has VAT added to it? This distorts its value somewhat – by selling your item to us, you can invest the proceeds into a VAT free gold bar or coin through our sister website – UK Bullion.
Investment gold is exempt from VAT altogether and is a smart way of storing wealth, as gold prices remain elevated for the foreseeable future.
UK Scrap Gold wishes you good health and fortune in the coming days and weeks and looks forward to restoring a full service at the earliest possible opportunity, as soon as it is deemed safe and appropriate to do so.