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 (251) 725-1590

Visit us at Mobile Bay Coins for a FREE EVALUATION of your Coin Collection or Precious Metals today!

FAQ's

How do I tell if my gold Jewelry is real?

faqsThe easiest and most practical method for testing whether or not your jewelry is gold is to take a magnet and if your jewelry is magnetic this means it is metal or alloy. Gold, silver, and platinum are non-magnetic. Jewelry that is gold plated is also magnetic and not valuable.

What items do we accept?   

We accept all forms of gold and silver , from jewelry in any condition, new, used, broken, it doesn't matter! THose items include things like earrings, bracelets, watches, class rings, gold dental work ( yes, teeth! But please have the teeth removed BEFORE you come by), gold and silver coins (including foreign),silver and gold Mardi Gras rounds, wedding rings, sterling silver flatware, Mexican silver jewelry, sterling silver serving pieces, and more...

What are your Store Hours?

Monday - Friday 9:00AM to 5:00PM      

Saturday 9:00AM to 3:00PM 

Closed Sunday

What is the spot price?

Precious metals are traded throughout the day in different markets. The most active trading occurs in New York, London, Zurich, Tokyo, Sydney and Hong Kong. A great place to see what gold is being traded at is Kitco.com. And any legitimate  gold or precious metals dealer will go by the market  spot price at the time of your offer or sell.

Are You Licensed ?

Yes. We are a properly licensed business with the State of Alabama, City of Mobile,and the Department of Agriculture
.

Do You Use A Legal Scale ? Yes. Our scales are certified and accurate to meet or exceed all standards.

Are you a pawn Shop? No.


Can I Mail -In My Gold ?

No,

Not at this time . We have heard and seen so many horror story's about the mail-in programs that we do not want that kind of reputation.


Do you do private evaluations ?

Yes,

We also schedule personal appointments with individuals wishing to discuss the sale of their valuables for immediate cash settlement.

Gold Hallmarks 

Gold hallmarks or markings can be made up of two pieces of information. The first which most people are familiar with is the 'hallmark' or 'karat marking', the second piece can be the jewelers or manufacturers stamp.

Most gold jewelry will have a 'hallmark' which can be in the form of a number/letter combination (most common in North America) or a number on it's on (more common in Europe and South America).

The jeweler's or manufacturer's mark may or may not be on a piece of gold jewelry. This mark can be a single or multiple letters. On older items these marks may be a symbol such as a lions head etc.

These little symbols are sometimes difficult to puzzle out, but they can tell a whole lot about a piece of jewelry's history if their mystery is unlocked.

What gold hallmarks mean and what they can say about a ring, bracelet or necklace is a lot more than many gold lovers might realize. The laws regulating gold hallmarks do tend to vary from country to country, but in some locations they can even help a buyer figure out exactly where a ring was crafted and even by whom.

Common Hallmarks

North American Marking European Numerical Marking British Marking 9k or 9kt 375 9ct or 9kt 10k or 10kt 416 or 417 10ct or 10kt 14k or 14 kt 585 14ct or 14kt 18k or 18kt 750 18ct or 18kt 22k or 22kt 916 or 917 22ct or 22kt 24k or 24kt 999 24ct or 24kt

Gold Marking Facts

Hallmarks can become fainter as time goes on with heavy wearage/usage. Acid released through the pores of the skin can deteriorate or dissolve the markings over time.

The use of a jewelers loupe makes the viewing of gold hallmarks much easier

Jewelers, artisans and manufacturers marks can help buyers figure out where a piece was initially crafted.

Many symbols correspond to the country they originate from i.e. The letter 'W' inside a crown belongs to Austria, the letter 'P' inside a box belongs to Czechoslovakia.

England tends to use regional symbols, i.e. a lion's head would relate to London.

Gold Hallmarks In The United States And Canada

In the United States, for example, gold hallmarks are not always required on finished works of jewelry. They are, however, deemed necessary when a jeweler or manufacturer wants to put a purity stamp on a piece. A karat stamp is the 10k, 14k, 18k or even 24k mark on some pieces of jewelry. If a ring, for example, has a 10k mark on it, United States law requires that piece also bear a gold trademark.

In the U.S., gold trademarks are typically attached to company or crafter trademarked names. This means buyers can actually trace the origins of their rings or bracelets directly to their makers through the U.S. Patent and Trademark Office. In some cases, these gold trademarks, depending on the company in question and the mark itself, can help date a piece based on its estimated production time.

In America, gold hallmarks also can serve as a tell tale sign whether a piece of jewelry should be purchased or not. The U.S. Federal Trade Commission, for example, recommends that buyers steer clear of piece of gold that have karat marks, but no identifiable trademarks included. This is a good rule of thumb for newer purchases, but not necessarily on antique pieces. Not all early crafters added their artisan signatures to their creations.

Hallmarks In Other Countries

In other countries their meanings do tend to vary a bit. Some marks can help buyers figure out where a piece was initially crafted. The symbols for some countries are rather distinct.

England, for example, tend to carry regional symbols. London, for example, is lion's head. The mark for Czechoslovakia is an outline of the letter "P" in a box. The Austrian symbol is a "W" inside a crown that also looks like a rounded "W."

While gold hallmarks are not found on every piece of jewelry made now or in the past, they can help unlock some mysteries when they are found. These symbols often can help narrow down who made a particular piece and even during what time period. Looking for them, particularly on new buys, is smart to ensure the quality sold is what is genuinely received.

Karat Grade

For gold, karat grade is used to express the proportion of gold in an alloy or the quality

of a gold alloy. Fine gold (pure) is 24 karat. The proportions in other karat are listed

in the table below.

All jewelry is required by law to be stamped so consumers will know the quality of gold used. Jewelry made in North America is typically marked with the karat grade (10K, 14K, etc.), and jewelry made in Italy is typically marked with the "fineness" such as (417, 583, etc.). So if your jewelry does not have a karat grade stamped on it, check for a 3-digit fineness number.

 

More Frequently Asked Questions

Selling your unwanted gold, platinum or silver can be a serious decision. Some jewelry may have sentimental value. You want to be certain you will get a fair price and be treated in a friendly, professional matter.

We have listed some common questions from our past clients, should you have any other questions do not hesitate to call us or use our safe and secure contact form.

1. Can you provide me with pricing without seeing my items?

No, reason is that we go by spot price and Monday thru Friday the spot price can change  through out the day Monday - Friday. So to get an accurate quote and an Honest quote you need to be given the price quote at the time the gold is weighed.

2. How long will it take?

The majority of our appointments take 10 to 20 minutes depending on the number and types of items you have.

3. Will we Travel To You?

No , for this we offer after hours service at our stores. We will arrange to meet at a mutually convenient time.  At this time we will provide you with pricing on your items, upon your acceptance of price we will then pay you in cash immediately.

Again depending on the number and types of items you can expect the process to take no more than 10-20 minutes.

There have been numerous reports of Illegal buyers/thief's wanting to meet you to buy your gold.

 4. How are my items weighed?

We weigh and provide pricing in grams. And on a legal for trade scale certified by the state we do business in.

Word Of Caution: Many competitors provide pricing in Pennyweight or DWT's, you see 1 Pennyweight/DWT = 1.55 grams, this can make their prices appear deceptively high when in fact they are considerably lower than our prices.

5. How can I tell how much my items weigh?  

Without an accurate scale it is impossible to tell the exact weight of your pieces. If you'd like to get a rough idea of the weight of an item you can compare your things with either a Loonie or Quarter. A Loonie weighs 7 grams and a quarter weighs 5 grams. Put your item(s) in one hand and the appropriate numbers of Loonies or quarters in the other, you should be able to get a rough feel for the accurate weight.

6. Is my transaction confidential?

All transactions are confidential. At the time of sale we fill out a sellers bill of sale.

7. What if I'm not happy with the price you quote?

In the unlikely event you're not completely satisfied with your payment amount you are under no obligation to sell your items. We are a service business and never want to have an unhappy client.

8. What's the difference between DWT (Penny Weight) and Grams?

1 DWT or Penny Weight is equal to 1.55 grams.

9. Is there anything you don't buy?

  We do not purchase plated gold. Look to see if you have any items with the following markings. 

GE or GF - Gold Filled | RGP - Rolled Gold Plate | EPNS - Electroplated Nickel Silver | HGE - Heavy Gold Plate | GS - Gold Shell | GP - Gold Plate | KP - Karat Plated

These markings will be found after the hallmark such as this 10k GF, this is an example of something we would not purchase, the actual gold content is too small to have any market value.
Still have questions? Give us a call or us our contact form for more information.

  • One troy ounce [ozt]is exactly 31.1034768 grams
  • One avoirdupois ounce [oz] is exactly 28.349523125 grams or 437.5 grains [gr]
  • One pennyweight [dwt] is approximately 1.555174 grams
  • One grain [gr] is exactly 0.06479891 grams
  • One carat [ct] is exactly 0.2 grams. The carat is divisible into one hundred points of two milligrams each.
  • One troy pound [troy] is exactly 12 troy ounces [ozt], 5,760 grains [gr], or 373.2417216 grams [g]
  • One troy ounce [ozt] is exactly 20 pennyweights [dwt], or 480 grains [gr], or 31.1034768 grams [g]
  • One pennyweight [dwt] is exactly 24 grains [gr], or 1.55517384 grams [g]

Remember your weight is one more important factor in determining your offer. Don't be fooled by uncertified scales by the state or city you sell your gold in.

Our Products

  • Buy and Sell Coins
  • Fine Jewelry
  • Diamonds
  • Gold Bullion
  • Silver Bullion
  • Platinum Bullion
  • Sterling Silver
  • Sell Dental Gold
  • Watches

Visit our Mid-Town
Mobile Alabama Store

2204 Government St
Mobile, AL 36606

(251) 725-1590

Store Hours:
Mon-Fri 9-5
Sat 9-3
Sun Closed