Selling Gold and Silver

How Selling Gold and Silver back to CelticGold works

CelticGold will buy back gold bullion and coins regardless of whether you purchased from us or not. In addition we buy back the common silver investment coins (no silver bars). Basically all products we show on our website are the products we will buy back.

Please contact us (here) if you wish to sell a product that is not listed in our shop.

If you wish to sell gold and silver products to us then please follow these three steps:

  1. Fill out and send to us the signed PDF Buy-Back accompanying letter (Pls email, Link broken)
  2. Deliver the products to our screening facilty with Samurai Security in Germany (insured pick up possible within EU)
  3. We test the gold and silver products within 72 hours and bank transfer the agreed price same day after product screening

Gold Buy-back prices: No margin taken - 100% (or more) of spot price

We buy investment gold bars and coins at spot and take no margin. Smaller fractional coins will be bought back at a higher premium than the gold spot price. CelticGold is one of very few bullion companies in the world that pays 100% (or more) of the spot price. Buy back (means we buy back from you) prices can be found in the Quick Buy list views.

Direct Link to:

Gold Buy Back Prices

Silver Buy-back prices: 4% (or more) above silver spot price

We buy back investment silver coins at 4% above the silver spot price. 

Direct Link to:

Silver Buy Back Prices

Insured EU Pick-Up

If you do not want to ship the gold and silver products at your own risk we offer an insured pick up for all European Union member states. If you wish to instruct an insured pick up then please indicate so in the PDF Buy-Back accompanying letter. The pick up costs will be deducted from the credit note. CelticGold will not invoice shipping costs upfront or separately.

Shipping cost examples

The shipping cost examples show different insurance values for different countries with different weights.

Example 1: You sell 5 gold coins of each 1 oz with an exemplary value of 1,000 Euros each to us, then your package will weigh 1 kilo with 5,000 Euros total insured value.

Example 2: You sell one box of 500 silver coins back to us. Then your package will weigh 17 kilos total with an insured value of 9,000 Euros.

Country

Weight

UPS Standard Cost

Insured Value

Insurance Cost

Total Cost

Ireland

1 kg

21,00 €

1000,00 €

6,00 €

27,00 €

Ireland

1 kg

21,00 €

5000,00 €

30,00 €

51,00 €

Ireland

17 kg

37,00 €

9000,00 €

54,00 €

91,00 €

United Kingdom

1 kg

25,20 €

1000,00 €

6,00 €

31,20 €

United Kingdom

1 kg

25,20 €

5000,00 €

30,00 €

55,20 €

United Kingdom

17 kg

55,80 €

9000,00 €

54,00 €

109,80 €

Germany

1 kg

11,00 €

1000,00 €

6,00 €

17,00 €

Germany

1 kg

11,00 €

5000,00 €

30,00 €

41,00 €

Germany

17 kg

15,00 €

9000,00 €

54,00 €

69,00 €


Packing the Gold and Silver Products

We ask you to take proper care when packing gold and silver coins into the package. Gold coins should be packed in the original container or single wrapped, so they cannot be damaged during transport. Silver coins for example should only be transported in the original tube. In addition the tube should be taped around the lid so the lid can’t fall off during the transport and the coins get damaged. 

We have outlined detailed packing instructions in the PDF Buy-Back accompanying letter.

Do I receive a confirmation upon receipt of the products?

You will receive a confirmation from UPS and our vault after the products have been received. Our precious metal testing team will then test and screen the gold and silver products and inform you about the result.

Testing and Screening Process

CelticGold tests -nondestructive- each single gold and silver product that will be bought back with different methods. We test with different mechanical and electronically methods such as Ultrasound, Magnetic Scale and Conductivity to ensure a 100% correct screening result. Please allow a maximum of 72 hours for the screening and testing process to be finalized.

Damaged Gold and Silver Products

We also buy back damaged investment gold and silver products. The buy back price in this case will be melting price which varies from 5% to 11% below spot price for 24k to 22k gold products.

Pay Out and Price Confirmation

After the testing and screening process CelticGold will email you the credit note with the price confirmation. The bank transfer will be sent to your bank account which you have provided in the PDF Buy-Back accompanying letter same day.

How do I sell back from allocated stored products with CelticGold?

If you have stored products with CelticGold you simply email us your authorization with the products you wish to sell back. In the authentication document you provided us make sure your bank details are provided. Then our vaulting partners will perform the inventory move same day or at latest the next working day. CelticGold will then transfer out the money to you.

What happens if my package goes lost on the transportation?

If you instructed a CelticGold insured pick up then the insurance will cover the value of the agreed buy-back goods. A payment will be made within 4 weeks to your bank account. Please note that there are specific instructions that need to be followed through in order to have coverage on the parcel.