Competitive Valuation! Sell Your Gold Necklaces at ALLU Today!

Gold Necklaces

Sell your gold necklaces and pendants at the most competitive prices at ALLU. Through our expert appraisals, we offer the best prices for 24K gold necklaces and popular 18K and 14K gold necklaces and pendants. Our valuations consider not just the value of the gold but embedded gems and elaborate designs, which add artistic value for a higher valuation. If you have any questions or concerns, please visit us for a free consultation for more detailed information.

Sell Your Gold Necklace at ALLU

Since humanity learned of the existence of gold, it has continued to engrave the history of this precious metal. From the 15th century, the practice of wearing necklaces and pendants became widely popular. European ladies often wore open-collared dresses at that time, and many women adorned their necks with necklaces and pendants.

Pendants are generally formed by attaching the decoration called “pendant top” or “charm” to the end of a chain, while in a necklace, the chain itself is an ornament as well, often crafted in gold. There are various types of chains: cable chains, screw chains, ball chains, Venetian chains and many more, all crafted to endow a unique, infatuating glow to the gold. The thickness and length of chains can be adjusted to match your fashion and body shape to create an outfit ideal for any occasion.

Furthermore, depending on the ratio of metals included in the alloy, gold can be found in various shades: yellow gold, pink gold, white gold, black gold, and so on. These coloured golds are not pure gold but alloys made with gold splittings in order to craft jewellery with beautiful colours and high durability. Necklaces and pendants, which are in extensive contact with the skin, employ high-grade gold alloys resistant to metallic changes caused by perspiration, so the letters K18 or K14 can often be seen on their engravings.

At ALLU, we also specialise in the gold market: we buy all kinds of gold jewellery, including necklaces. Our teams of experts will accurately appraise the value of attached jewellery and brand to offer you a price based on “overall value,” not only just weight. If you have ever visited other stores and were not convinced by their assessment, please take advantage of our services.

Gold and Precious Metals Market Price

*Updated:

Daily Market Price *Per Gram

Gold K24
$ ($)
Platinum
$ ($)
Silver
$ ($)
Palladium
$ ($)

Gold Market Price

K24
$
K14
$
K22
$
K10
$
K21.6
$
K9
$
K20
$
K18WG
$
K18
$
K14WG
$

Platinum Market Price

Pt1000
$
Pt900
$
Pt950
$
Pt850
$

Silver Market Price

Sv1000
$
Sv925
$

Gold and Platinum Combination

Pt900 / K18 (50-50)
$
Pt850 / K18 (50-50)
$

Gold Market Price Chart

K24 Ingot (Per Gram)

Gold Market Price Simulation

Grade

Weight

Market Selling Price

  • - Precautions Regarding Selling Gold and Precious Metals -
  • *If the item's grade is unknown, we may ask you to leave the product with us temporarily to allow us to examine it accurately.
  • *Due to the influence of the gold and platinum market, prices may fluctuate even within the same day.
  • *Once sold, items will not be returned.

Gold Market Price Examples

  • Black pearl Necklace SV B rank
    $ 613.42

    Black pearl Necklace SV B rank

  • Pearl Necklace SV B rank
    $ 613.42

    Pearl Necklace SV B rank

  • Pearl Necklace SV B rank
    $ 524.37

    Pearl Necklace SV B rank

  • Pearl Necklace SV Approx. 9.0mm to 11.5mm B rank
    $ 455.12

    Pearl Necklace SV Approx. 9.0mm to 11.5mm B rank

  • Mikimoto Pearl Diamond Necklace K14WG Approx. 6.0 mm to 6.5 mm AB rank
    $ 1780.90

    Mikimoto Pearl Diamond Necklace K14WG Approx. 6.0 mm to 6.5 mm AB rank

  • TASAKI Pearl Necklace K18(YG) Approx. 3.5mm to 4.0mm AB rank
    $ 227.56

    TASAKI Pearl Necklace K18(YG) Approx. 3.5mm to 4.0mm AB rank

  • Tiffany & Co. Double Loving Heart Diamond Necklace 750(PG) AB rank
    $ 563.95

    Tiffany & Co. Double Loving Heart Diamond Necklace 750(PG) AB rank

  • Diamond Necklace top K18WG B rank
    $ 453.16

    Diamond Necklace top K18WG B rank

  • Diamond Necklace top K18 B rank
    $ 433.46

    Diamond Necklace top K18 B rank

  • Diamond Necklace top K18WG B rank
    $ 531.97

    Diamond Necklace top K18WG B rank

  • Chanel No.5 Diamond Necklace 750(WG) AB rank
    $ 9851.33

    Chanel No.5 Diamond Necklace 750(WG) AB rank

  • Van Cleef & Arpels Magic Alhambra Malachite Necklace 750(YG) A rank
    $ 6187.50

    Van Cleef & Arpels Magic Alhambra Malachite Necklace 750(YG) A rank

  • Van Cleef & Arpels Magic Alhambra Guilloche Necklace 750(YG) AB rank
    $ 9035.71

    Van Cleef & Arpels Magic Alhambra Guilloche Necklace 750(YG) AB rank

  • MONNICKENDAM Diamond Necklace Pt900×Pt850 AB rank
    $ 216.73

    MONNICKENDAM Diamond Necklace Pt900×Pt850 AB rank

  • aget Amber Charm Necklace K10(YG) AB rank
    $ 137.92

    aget Amber Charm Necklace K10(YG) AB rank

  • Tiffany & Co. Necklace chain 750(PG) AB rank
    $ 315.24

    Tiffany & Co. Necklace chain 750(PG) AB rank

  • Louis Vuitton Pendant Star Blossom BB Onyx Diamond Necklace 750(YG) A rank
    $ 1379.19

    Louis Vuitton Pendant Star Blossom BB Onyx Diamond Necklace 750(YG) A rank

  • Vendome Aoyama Diamond Necklace Pt950×Pt850 AB rank
    $ 236.43

    Vendome Aoyama Diamond Necklace Pt950×Pt850 AB rank

  • Tiffany & Co. T Smile small Diamond Necklace 750(PG) A rank
    $ 1773.24

    Tiffany & Co. T Smile small Diamond Necklace 750(PG) A rank

  • Tiffany & Co. Fleur-de-Lys stem Diamond Necklace 750(PG) AB rank
    $ 591.08

    Tiffany & Co. Fleur-de-Lys stem Diamond Necklace 750(PG) AB rank

  • Vendome Aoyama Diamond Necklace K18(WG) AB rank
    $ 256.13

    Vendome Aoyama Diamond Necklace K18(WG) AB rank

  • Tiffany & Co. Fleur-de-Lys stem Diamond Necklace 750(PG) AB rank
    $ 591.08

    Tiffany & Co. Fleur-de-Lys stem Diamond Necklace 750(PG) AB rank

  • Van Cleef & Arpels Vintage Alhambra Shell Necklace 750(WG) AB rank
    $ 3349.45

    Van Cleef & Arpels Vintage Alhambra Shell Necklace 750(WG) AB rank

  • Van Cleef & Arpels Frivole Mini Diamond Necklace 750(YG) AB rank
    $ 2068.78

    Van Cleef & Arpels Frivole Mini Diamond Necklace 750(YG) AB rank

  • Van Cleef & Arpels Vintage Alhambra Chalcedony Necklace 750(WG) AB rank
    $ 3447.97

    Van Cleef & Arpels Vintage Alhambra Chalcedony Necklace 750(WG) AB rank

  • Van Cleef & Arpels Vintage Alhambra Carnelian Necklace 750(YG) AB rank
    $ 3447.97

    Van Cleef & Arpels Vintage Alhambra Carnelian Necklace 750(YG) AB rank

  • Cartier Damenuhr XS Diamond Necklace 750(WG) AB rank
    $ 699.44

    Cartier Damenuhr XS Diamond Necklace 750(WG) AB rank

  • Van Cleef & Arpels Vintage Alhambra Carnelian Necklace 750(YG) A rank
    $ 3447.97

    Van Cleef & Arpels Vintage Alhambra Carnelian Necklace 750(YG) A rank

  • Pearl Necklace SV Approx. 9.0mm-9.5mm B rank
    $ 178.27

    Pearl Necklace SV Approx. 9.0mm-9.5mm B rank

  • Pearl Necklace SV Approx. 7.0 mm to 7.5 mm B rank
    $ 118.84

    Pearl Necklace SV Approx. 7.0 mm to 7.5 mm B rank

  • Colored stone Necklace K18 B rank
    $ 227.78

    Colored stone Necklace K18 B rank

  • Pearl Necklace SV925 Approx. 6.0 mm to 6.5 mm B rank
    $ 128.75

    Pearl Necklace SV925 Approx. 6.0 mm to 6.5 mm B rank

  • Star ruby Diamond Necklace top Pt900 B rank
    $ 168.36

    Star ruby Diamond Necklace top Pt900 B rank

  • Pearl Necklace SV Approx. 8.5 mm B rank
    $ 108.94

    Pearl Necklace SV Approx. 8.5 mm B rank

  • Pearl Necklace SV B rank
    $ 267.40

    Pearl Necklace SV B rank

  • Pearl Necklace SV925 B rank
    $ 138.65

    Pearl Necklace SV925 B rank

  • Sapphire Diamond Necklace K14×K14WG B rank
    $ 148.55

    Sapphire Diamond Necklace K14×K14WG B rank

  • Pearl Necklace SV Approx. 7.0 mm to 7.5 mm B rank
    $ 118.84

    Pearl Necklace SV Approx. 7.0 mm to 7.5 mm B rank

  • Emerald Diamond Necklace Pt900 B rank
    $ 24759.16

    Emerald Diamond Necklace Pt900 B rank

  • Black opal Diamond Necklace Pt900×Pt850 B rank
    $ 990.37

    Black opal Diamond Necklace Pt900×Pt850 B rank

  • Emerald Diamond Necklace Pt900×Pt850 B rank
    $ 14855.50

    Emerald Diamond Necklace Pt900×Pt850 B rank

  • Diamond Necklace K18 B rank
    $ 594.22

    Diamond Necklace K18 B rank

  • Diamond Necklace Pt 850 × gold unknown B rank
    $ 376.34

    Diamond Necklace Pt 850 × gold unknown B rank

  • Rubellite Diamond Necklace top Pt900 B rank
    $ 3763.39

    Rubellite Diamond Necklace top Pt900 B rank

  • Van Cleef & Arpels Vintage Alhambra 1P Sable Diamond Necklace 750(YG) AB rank
    $ 4852.80

    Van Cleef & Arpels Vintage Alhambra 1P Sable Diamond Necklace 750(YG) AB rank

  • Cartier Damenuhr XS Diamond Necklace 750(WG) AB rank
    $ 713.06

    Cartier Damenuhr XS Diamond Necklace 750(WG) AB rank

  • Tiffany & Co. T Smile Mini Necklace 750(PG) A rank
    $ 589.29

    Tiffany & Co. T Smile Mini Necklace 750(PG) A rank

  • Chanel Camelia Charm 750(WG) AB rank
    $ 481.25

    Chanel Camelia Charm 750(WG) AB rank

  • Tiffany & Co. Bow Diamond Necklace Pt950 AB rank
    $ 1178.57

    Tiffany & Co. Bow Diamond Necklace Pt950 AB rank

  • Mauboussin Couleur Damenuhr Colored stone Diamond Necklace 750(WG) AB rank
    $ 982.14

    Mauboussin Couleur Damenuhr Colored stone Diamond Necklace 750(WG) AB rank

  • Ponte Vecchio Diamond Necklace K18WG AB rank
    $ 540.18

    Ponte Vecchio Diamond Necklace K18WG AB rank

  • Van Cleef & Arpels Vintage Alhambra Onyx Necklace 750(YG) AB rank
    $ 2455.36

    Van Cleef & Arpels Vintage Alhambra Onyx Necklace 750(YG) AB rank

  • Van Cleef & Arpels Vintage Alhambra Guilloche Diamond Necklace 750(WG) AB rank
    $ 5008.93

    Van Cleef & Arpels Vintage Alhambra Guilloche Diamond Necklace 750(WG) AB rank

  • Tiffany & Co. Open Heart Necklace 750(YG) AB rank
    $ 3339.29

    Tiffany & Co. Open Heart Necklace 750(YG) AB rank

  • Tiffany & Co. Solitaire Diamond Necklace Pt950 Diamond diameter about 3.60 mm AB rank
    $ 441.96

    Tiffany & Co. Solitaire Diamond Necklace Pt950 Diamond diameter about 3.60 mm AB rank

  • Tiffany & Co. Soleste Diamond Necklace Pt950 I AB rank
    $ 1669.64

    Tiffany & Co. Soleste Diamond Necklace Pt950 I AB rank

  • Cartier Trinity Pavé Diamond Necklace 750(YG×PG×WG) AB rank
    $ 5401.79

    Cartier Trinity Pavé Diamond Necklace 750(YG×PG×WG) AB rank

  • Mikimoto Pearl Diamond Necklace K18(WG) AB rank
    $ 4026.79

    Mikimoto Pearl Diamond Necklace K18(WG) AB rank

  • Tiffany & Co. T Smile small Diamond Necklace 750(WG) AB rank
    $ 1964.29

    Tiffany & Co. T Smile small Diamond Necklace 750(WG) AB rank

  • ete Diamond Necklace K18PG AB rank
    $ 98.21

    ete Diamond Necklace K18PG AB rank

  • TASAKI Station Pearl Necklace K18(YG×PG)×K18WG Approx. 7.0 mm AB rank
    $ 982.14

    TASAKI Station Pearl Necklace K18(YG×PG)×K18WG Approx. 7.0 mm AB rank

  • Tiffany & Co. Victoria small Diamond Necklace Pt950 A rank
    $ 2455.36

    Tiffany & Co. Victoria small Diamond Necklace Pt950 A rank

  • Tiffany & Co. T Smile small Necklace 750(WG) AB rank
    $ 707.14

    Tiffany & Co. T Smile small Necklace 750(WG) AB rank

  • Tiffany & Co. By the Yard 1P Diamond Necklace Pt950 Approx. 4.41 mm in diameter AB rank
    $ 363.39

    Tiffany & Co. By the Yard 1P Diamond Necklace Pt950 Approx. 4.41 mm in diameter AB rank

  • Cartier Baby Love Necklace 750(PG) A rank
    $ 2160.71

    Cartier Baby Love Necklace 750(PG) A rank

  • Tiffany & Co. Paper flowers Cluster Diamond Necklace Pt950 AB rank
    $ 2455.36

    Tiffany & Co. Paper flowers Cluster Diamond Necklace Pt950 AB rank

  • Ruby Diamond Necklace 750×K18 B rank
    $ 816.73

    Ruby Diamond Necklace 750×K18 B rank

  • Diamond Necklace Pt900×Pt850 B rank
    $ 806.77

    Diamond Necklace Pt900×Pt850 B rank

  • Diamond Necklace top Pt900 B rank
    $ 418.33

    Diamond Necklace top Pt900 B rank

  • Diamond Necklace top K18WG B rank
    $ 239.04

    Diamond Necklace top K18WG B rank

  • Diamond Necklace Pt900×Pt850 B rank
    $ 577.69

    Diamond Necklace Pt900×Pt850 B rank

  • Emerald Diamond Necklace top Pt900 B rank
    $ 159.36

    Emerald Diamond Necklace top Pt900 B rank

  • Diamond Necklace K18WG B rank
    $ 1294.82

    Diamond Necklace K18WG B rank

  • Diamond Necklace Pt900×Pt850 B rank
    $ 278.88

    Diamond Necklace Pt900×Pt850 B rank

  • Diamond Necklace K18WG B rank
    $ 3585.66

    Diamond Necklace K18WG B rank

  • Mabe pearl Necklace top K14WG B rank
    $ 109.56

    Mabe pearl Necklace top K14WG B rank

  • Emerald Diamond Necklace top Pt900 B rank
    $ 488.05

    Emerald Diamond Necklace top Pt900 B rank

  • Emerald Diamond Necklace K18WG×Pm900 B rank
    $ 557.77

    Emerald Diamond Necklace K18WG×Pm900 B rank

  • Diamond Necklace Pt850 B rank
    $ 587.65

    Diamond Necklace Pt850 B rank

  • Ruby Diamond Necklace Pt900×Pt850×Pm850 B rank
    $ 478.09

    Ruby Diamond Necklace Pt900×Pt850×Pm850 B rank

View More

*The above prices are for reference only (tax included) and do not guarantee the actual selling price. The actual price may vary depending on the item's condition, the inclusion of accessories, the date of manufacture, market fluctuations, and stock availability.

About Icons

The manufacturing and distribution process for brand products emits large amounts of carbon dioxide (CO2) and consumes large amounts of water. The images below represent the amounts of carbon dioxide and water consumption that can be reduced by reusing a product.

Carbon Dioxide (CO2) Reduction

Carbon Dioxide (CO2) Reduction

Carbon Dioxide (CO2) Reduction

CO2 reduction expressed by the amount of CO2 absorbed by a cedar tree annually.

Water Consumption Reduction

Water Consumption Reduction

Water Consumption Reduction

Water consumption reduction expressed by the volume of the 200-litre bathtub.
(Typical household bathtub size)

About Our Calculation Method

Our Calculation Method

  • The 'Resale Impact' is not a display of an actual environmental reduction but rather a quantification of the environmental impact (CO2 emissions and water consumption) generated by the manufacturing and distribution process that can be theoretically omitted when a customer purchases a product we resell instead of a buying a brand new item of the same type. Since our calculation is predicated on the emissions in the omitted manufacturing and distribution process, actual reductions in environmental impact may differ from our projected estimate.

  • Since our company does not manufacture goods, our calculations cover any resold goods (watches, bags, jewellery (including bullion), apparel, and accessories).
    Our company does not check and verify the actual numerical value of each item's environmental impact (CO2 emission and water consumption) for our Resale Impact. Instead, we base our calculations on data from the LCA database "Gabi*" and estimate the total environmental impact of an item's entire life cycle, from the procurement of its materials to its disposal and/or recycling. Our calculations were overseen by a third-party consulting firm.

  • Discrepancies in LCA results may occur due to differences in calculation assumptions or deficiencies in the manufacturing process.

  • Due to revisions in calculations, the latest calculated values of products may differ from those shown on product tags, etc.

**GaBi is a software provided by Sphera Solutions GmbH that evaluates the sustainability of products' lifecycles.

Selling Gold Necklaces at ALLU: Google Reviews

  • Y*****

    star1star1star1star1star1

    I sold my 18k necklace and accessories and ALLU! The staff did an outstanding job! Thank you so much!!

  • Yu**

    star1star1star1star1star1

    The staff was polite and helpful. I couldn't get anything for my non-gold accessories, but I was able to sell my bag and gold necklace.

  • H**********

    star1star1star1star1star1

    I went to ALLU for the first time to sell my gold necklace. The atmosphere of the store and staff were pleasant, and everyone was really polite. I would definitely come again.

Competitive Prices for Gold and Precious Metals

Gold Prices Unmatched by Competitors
How ALLU Offers the Most Competitive Prices!

Reason
01

We assess gold based on a variety of factors, not just weight!

Gold is commonly calculated by Purity x Weight (grams). However, at ALLU, we consider not only the price of the gold itself but also its 'value as a product', such as the attached gemstones, design, brand, and other factors that are usually not subject to appraisal at our competitors. In addition to popular 18-karat accessories, we also purchase items such as ornaments, antiques, and pure gold with design value at even higher prices.

Ruby
Gold
Diamond
18-Karat Gold
S$2,200.00
Diamond
S$500.00
Ruby
S$480.00
Design
S$150.00
Additional Factor
S$100.00
Total
S$3,430.00
Check check
Appraisal Point

The gold base shines with classy diamonds and rubies, making this a perfect item in terms of both design and quality. Items such as this that are highly valued in all of these aspects will receive a higher appraisal value.

We make sure to consider the value of gemstones!

Diamond Ring

Ring
Gold S$380.00
Gemstone S$5,500.00
Total S$5,880.00

Sapphire Diamond Ring

Ring
Gold S$420.00
Gemstone S$2,800.00
Total S$3,220.00

Ruby Diamond Necklace

Necklace
Gold S$520.00
Gemstone S$1,400.00
Total S$1,920.00
Reason
02

Appraisals by our knowledgeable and experienced Value Designers!

In order to determine the 'value as a product' of an item, specialized knowledge and extensive experience is required. At ALLU, our Value Designers consist of internationally certified jewellery appraisers and other specialists in all relevant fields. Our experts allow us to purchase all types of gold and precious metals at the most competitive prices.

Our jewellery experts include GG-certified staff.

We Purchase Gold and Precious Metals in Various Forms and Conditions!

  • Bent and Broken Gold Image
    Bent or broken gold items.
  • Unmarked Gold Item Image
    Unmarked gold items.
  • Small Amount of Gold Image
    Small amounts of gold, such as unpaired earrings.
  • Large Amount of Gold Image
    Large amounts and quantities of gold.
  • Gold Fittings Image
    Gold fittings such as 14-karat gold belts.
  • Gold Teeth and Dentures Image
    Gold teeth and dentures.
  • Gold for Industrial Purposes Image
    Gold for industrial purposes.
  • Artistic Value Gold Image
    We consider the artistic value in appraisals.
  • Antique Value Gold Image
    We also consider antique value too.

Even if you are unsure if the item is gold, let us assess it at ALLU!

What We Buy at ALLU

  • Gold and Precious Metals
    Gold and Precious Metals
  • Watches
    Watches
  • Brand Bags
    Brand Bags
  • Brand Wallets
    Brand Wallets
  • Jewellery
    Jewellery
  • Accessories
    Accessories
  • Brand Clothing
    Brand Clothing

■ Items You Can Sell

Bags, pouches, tote bags, business bags, boston bags, clutches, travel bags, shoulder bags, wallets, card cases, passport holders, key cases, wristwatches, pair rings, rings, necklaces, pendants, piercings, earrings, brooches, bracelets, belts, pens, wrist bands, accessories, eyewear, scarves, bangles.

ALLU Offers Much More than High Selling Prices!

1

Reliable, credible, and trustworthy appraisals

Our knowledgeable and experienced experts provide accurate appraisals
Appraisal and Customer Service Training

Our staff undergo thorough training under the tutelage of specialists in various fields, such as watches and jewellery, that allow us to provide the most accurate, detailed, and credible appraisals. We conduct periodic in-house tests to ensure our employees maintain their expertise and develop new skills. As professionals, we constantly strive to improve our skills to provide the most competitive appraisals.

2

Focus on providing high-quality customer service

Focus on providing high-quality customer service

We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.

3

We purchase a wide variety of items and brands

We purchase a wide variety of items and brands

We cater for an extensive range of items and brands and actively consider items in all conditions, even items our competitors may refuse to buy.

4

No selling quantity or price limits

No selling quantity or price limits

For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.

5

Quick and easy appraisals

Quick and easy appraisals

Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.

6

Stress-free and private spaces

Stress-free and private spaces

We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.

7

Conveniently located stores

Conveniently located stores

ALLU stores are located in central areas for convenient access. Feel free to stop by while shopping or on the way home.

Customer Testimonials: Selling Gold Necklaces at ALLU

  • Icon

    I'm happy I received a much higher price than I expected.

    I brought a gold necklace that broke a long time ago. I bought a new one while considering repairing the old one, thinking I couldn't sell it. However, in the end, I took the plunge and brought it to ALLU, which turned out to be the right choice. I received a much higher price than expected. I had no idea that even broken items can be used as materials for repairing accessories, so they still have value even if broken. It was a good learning experience.

    Icon

    Thank you for selling your Gold Necklace at ALLU.

    Thank you for visiting our store today. Most gold necklaces and pendants are made of alloys; pure gold is, of course, very valuable, but it is very easily scratched and dented, so coloured gold, which is reinforced by mixing silver, copper, platinum, or other precious metals, is generally used instead. The gold necklace you brought today was 18k yellow gold. While popular, its value as an accessory is slightly reduced because it was broken. However, it is in great demand as material needed to repair scratches and damage on jewellery, so we welcomed the appraisal. We also buy many other unwanted items, such as unpaired earrings and gold rings that have lost their gemstones. Please feel free to contact us for a consultation.

  • Icon

    Thank you very much for the easy-to-understand appraisal

    Thank you very much for your kindness. I had an old pendant that had lost its gemstones, so I wasn't sure it would be accepted, but I was relieved to hear that it could be appraised at ALLU. I was impressed with the detailed explanation of the appraisal process and how offers are relative to the market price. However, the waiting time was a little too long, though it may have been because we visited the store just before it closed. I'll let you know in advance the next time I come. In any case, thank you for today!

    Icon

    Thank you for selling your Gold Necklace at ALLU.

    Thank you for visiting our store the other day. We are sorry to hear that you felt the waiting time was long. As you mentioned, if you inform us in advance about the items you plan to bring and the date and time of your visit, we can provide a smoother transaction. In the gold necklaces and pendants market, it is not uncommon to find items that have lost their gemstones, like the item you brought today. Pieces with elaborate designs can be reprocessed and made into new jewellery or used as material for restoring damaged accessories. The item's value isn't lost even if the chain is broken or a gemstone is lost. We have also observed that, compared to rings, buyers tend not to mind even if gold necklaces and pendants contain initial engravings, so there is always a large market for used items. We look forward to your future visit.

Shop Information

You Only Need an I.D. to Sell at ALLU!

Required Form of Identification
  • National Registration Identity Card (NRIC)
  • Passport - For Foreign Customer
  • Only one of the above forms of identification is required.
  • We can not buy items from customers under the age of 18 years old.
  • We do not accept identification documents that are expired or out-of-date.
  • Corporate customers follow the same selling process as individual customers. No additional documentation is required.
Visit our FAQ section for more information

Learn About Market Prices and Valuation! Gold Necklace Selling Price FAQ

How is the selling price of a gold necklace determined?

For products of Tiffany and other brands famous for their gold necklaces, their value is determined by the market price, which fluctuates on a daily basis. We carefully weigh the items you bring to us and calculate their value through their market price and weight. However, if we determine the item to be of excellent design as a highly sought-after piece in the current market, we may buy the piece as a whole, not just for its precious metals.

Can unmarked items be appraised?

If we determine that the item is gold upon our appraisal, we will buy it as such. However, it may take some time for us to confirm the particulars of the precious metal, such as its specific gravity. Additionally, there may be instances where we are unable to treat the item as a precious metal due to the results of our appraisal. That being said, as is often the case with gold necklaces, we may buy them at a high price, depending on their design and rarity.

Do scratches and blemishes affect the selling price?

Depending on the condition of your gold necklace, we may price the item for its value as scrap metal which can significantly impact the selling price, but such cases are rare. One important thing to keep in mind is that bringing in the box and accessories that came along with the necklace will often raise the appraisal value.

ALLU Frequently Asked Questions

How do you decide the selling price of gold, platinum and other precious metal accessories?

The selling price of precious metals such as gold and platinum is determined according to the 'market price', which is set on a daily basis.
We measure the items you bring to us and derive the appraisal value based on the market price x weight. However, in some cases, if the item possesses an exceptional design as jewellery, we may consider the additional value.

My gold/precious metal does not have any engravings. Can I still get it appraised and sell it?

We can evaluate the item, and if we are able to determine that it is gold, we can purchase it. However, please understand that it may take us some time to check the ratio and other details of the precious metal in question, and there may be cases where we can not proceed with a transaction due to the evaluation.

Can I sell broken items such as broken necklaces, rings with missing stones, or earrings with one pair missing?

We will evaluate the item(s) in question, and if we can determine they are made of precious metals, we can make an offer for them.

How long does it take for an appraisal at the store?

We estimate 10 to 15 minutes for a single item. It depends on the item and the quantity, so please ask our staff when you visit.

Do scratches and stains affect the selling price?

Generally, the condition of the item does not have a major impact.
In the case of ingots, depending on their condition, they may be treated as scrap, which may significantly affect the selling price. For other precious metal products, we will have to actually observe the item in question before making a decision.

Can I sell old coins and foreign gold coins?

If, according to our regulations, we can determine that the item(s) can be treated as precious metals, we can make an offer for them at the best possible price.

Some commemorative and foreign gold coins have a premium value, as they are hard to obtain due to their small circulation. If you bring such gold coins to us, they may be worth more than ordinary precious metals.

When is the best time to sell gold and precious metals?

Compared to past gold market prices, the current prices can be considered quite advantageous, so we believe that the present is a favourable time to consider selling.

However, the market price of gold and precious metals fluctuates daily, so it is very important to notice the timing when the market price is high.

Is the selling price different for ingots and gold jewellery?

Yes, the selling price of ingots and gold accessories is different.
Ingots have their own values and prices: we can make an offer at the ingot price if the brand is recognised in our regulations. On the other hand, even if it is 24-karat gold, gold jewellery is treated as scrap, so that the price will be slightly lower.

Is there a difference in selling price between ingots with and without engraving?

Ingot prices are determinable only for the brands recognised by our regulations. Even if the item in question has the shape of an ingot, if it is not engraved, or if the issuing brand is not one of the recognised brands, there may be cases where it cannot be treated as an ingot.