Why Sell Your Gold Jewelry to Michigan Coin & Bullion?

An old ring, a broken chain, a mismatched earring, a drawer of pieces nobody wears anymore — gold jewelry is one of the easiest things to own and one of the hardest to know the real value of. Here's what we think actually matters when you're deciding who to trust with it — and why, piece for piece, we pay more than the competition.

You Can See Our Pricing Before You Ever Walk In

Most places ask you to show up before they'll tell you anything about how they price gold. We publish ours. Our live prices page shows the current gold spot price alongside our standard buy formula — 88% of melt value, based on weight and karat purity — updating automatically throughout the day. You can check the number before you leave the house, not just take our word for it at the counter, and compare it directly against what other buyers are offering.

We Buy Every Karat, Not Just the Common Ones

A lot of buyers stop at 10K, 14K, and 18K because that covers most everyday jewelry. We go further — we also buy 21K, 22K, and 24K gold, the higher-purity karats common in imported, heirloom, and investment-grade jewelry that many local buyers won't even test for. If it's real gold, we want to see it, whatever the stamp says.

Why We Pay More

Our buy price is built directly off live spot and a transparent 88% melt-value formula, not a lowball starting offer meant to be haggled up. Because we test purity ourselves rather than relying on the stamp alone, higher-karat pieces get priced accurately instead of being averaged down to "safe" round numbers — which is often where buyers who only handle common karats quietly shortchange sellers. The result: for a given piece and a given day's spot price, our number is typically higher than what you'll get from a buyer working off a narrower formula or a less current spot reference.

We Buy Jewelry in Any Condition

Gold jewelry doesn't need to be wearable, matching, or in good repair to have value — because what we're paying for is the gold itself. We buy jewelry across the full karat range, broken or unwanted pieces, single earrings, tangled chains, and even dental gold. If it's real gold, condition and style aren't a barrier.

No Appointment, No Pressure

Walk-ins are always welcome during business hours — you don't need to schedule anything or call ahead. We'll weigh and test your pieces while you wait, walk you through exactly how we arrived at the number, and there's never an obligation to accept. Take the offer, take your time to think it over, or just get an honest number for your own reference.

We're Right Here in Bloomfield Hills

We're a local shop, not a mail-in service or a kiosk that disappears after a weekend. You can find us, talk to us in person, and come back if you have more to sell later. For a lot of people selling jewelry — especially pieces with sentimental history — that face-to-face conversation matters as much as the price itself.

What to Bring

• The jewelry itself — cleaning it beforehand isn't necessary.
• Any hallmarks or stamps you've noticed (10K, 14K, 18K, 21K, 22K, 24K, or similar) — helpful, but not required, since we test purity ourselves.