How to Sell Gold for Cash in South Africa: Tips for Finding Reputable Buyers
Key takeaway: To sell gold for cash safely in South Africa, deal with a buyer who can show you its registrations, tests your gold in front of you, explains the offer, never pressures you and pays in the same visit. The Gold Avenue in Illovo, Sandton meets every one of those points, and this guide […]
How To Check If Gold Is Real
Key takeaway: To check if gold is real, start with the hallmark (375, 585, 750, 916 or 999), then try the magnet test, since real gold is not magnetic, and feel the weight, because gold is far heavier than the metals used in fakes. None of these home checks can prove purity. The reliable answer […]
How Much Can I Get For My Gold Jewellery In South Africa?
Key takeaway: How much you get for gold jewellery in South Africa depends on what the piece weighs, how pure it is (9ct, 14ct, 18ct, 22ct or 24ct) and the live gold price on the day you sell. At The Gold Avenue every piece is weighed and tested in front of you, the offer is […]
How To Sell Your Luxury Watch In South Africa
Key takeaway: To sell a luxury watch in South Africa for a fair price, sell to a registered buyer who authenticates it in front of you and explains the offer. You do not need to service or polish it first, and missing papers do not stop a sale. The Gold Avenue buys luxury watches in […]
The History of Krugerrands: South Africa’s Iconic Gold Coin
Key takeaway: The Krugerrand was first minted in 1967 by the South African Mint, using gold refined by Rand Refinery, as a way for private individuals to own exactly one troy ounce of gold in a coin. It carries Paul Kruger on the obverse and a springbok by Coert Steynberg on the reverse, is struck […]
How Can You Tell If A Krugerrand Is Real
Key takeaway: A genuine one ounce Krugerrand weighs 33.93 g, measures 32.77 mm across and 2.84 mm thick, has a reeded edge, does not stick to a magnet, and shows a sharp Paul Kruger portrait on one side and a springbok on the other. Bullion Krugerrands carry no serial number, so do not expect to […]
How to Sell Krugerrands in South Africa
Key takeaway: To sell Krugerrands in South Africa, take them to a registered dealer who tests each coin in front of you, prices it on the live gold price plus that day’s local trade prices, and pays immediately. Bring your ID and proof of banking details. The Gold Avenue in Illovo, Sandton buys one ounce, […]