Sell Your Gold in Sydney — Watch Every Test, Paid the Same Day

Updated: 28th October, 2026

Selling gold should be simple. You bring it in, it is tested, it is weighed, and you are paid a fair price. In practice, most people walk in not knowing what their gold is, what it is worth, or whether the number they are given has any reasoning behind it at all.

At Miller Hirsch, we do things differently. Every piece is tested and weighed, the results are shown to you live on screen, the gold price we are using is shown to you, and every figure is explained before you decide anything. There is no pressure, no rush and no obligation to sell.

If you do choose to sell, you are paid by bank transfer the same day — before you leave our Sydney CBD office.

What We Buy

We buy gold in almost every form, including pieces most people assume nobody will want:

  • Gold jewellery of any carat, from 9ct to 24ct — chains, rings, bangles, bracelets, earrings, pendants, brooches and charms.

  • Broken, tangled and single pieces — snapped chains, odd earrings and rings with missing stones are valued on their gold, exactly like perfect pieces.

  • Antique and vintage gold, including 15ct pieces, which are assessed as jewellery first rather than melted by default.

  • Gold coins and sovereigns.

  • Silver jewellery and silver items.

  • Gold set with diamonds and gemstones, with the stones assessed separately for their own value.

We don't buy costume jewellery. If you're unsure whether something is real gold, bring it anyway. Testing it costs you nothing, and it is far better to know than to wonder. Our guide to what the stamp on your gold really means is a good place to start.


How We Work Out Your Price

There is no mystery to how gold is valued, and there shouldn't be any mystery in how it is bought. Here is exactly what happens:

  1. We test it where you can see it. Each piece is placed on our XRF analyser, which reads its purity in seconds without scratching or marking it. The result appears live on screen as it happens.

  2. We weigh it precisely. Precision scales measure the weight, and anything that isn't gold — stones, steel pins, springs — is weighed out. Every weight is shown to you.

  3. We show you the gold price. You'll see the current gold price we are working from, so you know the starting point is real.

  4. We explain the offer, piece by piece. You'll understand what each item contributes and why, before you decide anything.

The gold content of any piece comes down to one simple calculation: weight × purity × gold price. An offer is built from that figure, less the real costs of testing, refining and buying gold legally. We walk through the whole thing, with a real example, in How Much Is Your Gold Actually Worth?

You may notice we don't advertise a percentage of the gold price. That's deliberate. A single percentage can't fairly describe a broken 9ct chain, an 18ct diamond ring and an antique brooch all at once. Instead, we show you how the figure is reached for your gold.


Looking for Cash for Gold?

Many people search for "cash for gold", so it is worth being clear: we never pay in cash, and we don't keep cash on the premises.

If you sell to us, you're paid by bank transfer before you leave. The money arrives in your account the same day, with a clear record of the transaction.

We also ask for photo identification when you sell. That isn't red tape for its own sake. As a licensed second-hand dealer, we are required by law to record who we buy from, and we are enrolled with AUSTRAC. These rules exist to keep stolen goods and laundered money out of the market — and they protect you as the seller. A buyer who offers cash with no questions asked is skipping steps that exist for good reason.


Selling a Whole Collection?

Many of the people we see aren't bringing in one piece. They are bringing in a jewellery box — decades of chains, rings, earrings and brooches, some valuable, some sentimental, some neither.

That is exactly the kind of appointment we enjoy. We'll go through everything with you at a comfortable pace, sort the pieces that are worth more as jewellery from those that will be valued as gold, and explain the figure for each. An appointment for 20 to 50 pieces usually takes between 30 and 60 minutes, and you are welcome to bring a family member or friend.

If you're downsizing, settling an estate or clearing out jewellery you no longer wear, these guides may help:


When Your Gold Is Worth More Than Gold

Not every gold piece should be valued by weight. Signed designer jewellery, antique and period pieces, and anything set with good diamonds or gemstones can be worth considerably more intact than as metal.

That is why we never weigh a bag and quote a single figure. Every piece receives a proper buy appraisal: an honest, expert assessment of what it is worth to a buyer today, explained in plain language. You can read more about how gold, diamonds and gemstones are each assessed in this guide.


What to Bring

  • Your gold — all of it, including broken, unstamped and "probably not real" pieces. There is no need to clean or repair anything.

  • Current photo ID, such as a driver's licence, if you intend to sell. You don't need ID just to have your gold assessed.

  • Any paperwork you have, such as receipts, certificates or valuations. Helpful, but never essential.

If you'd like a realistic idea before you visit, send us a few photos and we'll give you an honest indication.


Why Sellers Choose Miller Hirsch

  • Experience. Lonn and Craig Miller are second-generation diamond and jewellery professionals with more than 60 years' combined experience across manufacturing, wholesale, retail and buying. Craig is President of the Diamond Dealers Club of Australia.

  • Transparency. Test results are shown live on screen, and every weight and figure is explained.

  • Privacy. Appointments are private and confidential.

  • Properly licensed. We hold a NSW Second Hand Dealers Licence and are enrolled with AUSTRAC.

  • Same-day payment. By bank transfer, before you leave. Never cash.

  • No pressure. You are welcome to think it over, talk to family or compare offers. The decision is entirely yours.


Where to Find Us

Miller Hirsch is based in the Sydney CBD, with lift access and no stairs to manage. We see clients by private appointment and can often see you the same day. Please contact us to book a time that suits you.


Questions People Ask About Selling Gold

How much will you pay for my gold? It depends on the purity, the weight and the gold price on the day — and whether any piece is worth more as jewellery than as metal. We test and weigh every piece, show you the results, and explain the figure for each one, so you can see exactly how the offer is reached.

Do you pay cash? No. We never pay in cash. Payment is made by bank transfer before you leave, the same day you sell.

Do I need ID to sell gold? Yes. As a licensed second-hand dealer we are required to record the identity of everyone we buy from. Please bring current photo ID, such as a driver's licence. No ID is needed just to have your gold assessed.

Do you buy broken gold? Yes. Broken chains, single earrings and damaged rings are valued on their gold content, exactly the same per gram as perfect pieces.

How do you know my gold is real? We test every piece with an XRF analyser, which reads the metals present in seconds without marking the piece. You can watch the result on the screen.

Do you buy silver and gold coins? Yes. We buy silver jewellery and silver items, as well as gold coins and sovereigns. Coins are always assessed individually, as some carry value beyond their metal.

Do I have to sell on the day? Not at all. Many people come in simply to find out what they have. There is no obligation and no pressure.


Guides for Gold Sellers

Book your free buy appraisal with Miller Hirsch today — private, no obligation, and paid the same day if you choose to sell.

Ready to find out what your gold is worth?

Book a private, no-obligation buy appraisal. You can watch every piece being tested live on screen, and if you choose to sell, you're paid by bank transfer the same day.

Lonn Miller (Founder - Miller Hirsch)

AUTHOR

Lonn Miller

Lonn Miller is a second-generation diamond specialist with more than 30 years’ continuous experience across every stage of the global diamond and jewellery supply chain. Having grown up in the trade and worked within a De Beers Sightholder operation, he brings rare, insider understanding of how diamonds are sourced, cut, valued and traded around the world, along with hands-on expertise in diamond grading, gold purity testing and the assessment of designer, antique and vintage pieces.​

Known for his transparent, no-pressure approach, Lonn conducts testing in full view of clients and explains valuations clearly to prevent common pricing misconceptions and underselling. With direct experience across major diamond centres on five continents and formal finance training, he combines real-time market insight with rigorous financial analysis to help clients make confident decisions when converting jewellery into cash.

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ABN 44 691 903 616
Second Hand Dealers Licence No: 2PS30288

Address
Level 6 / 61 - 63 Market Street
Sydney NSW 2000

Phone: (02) 9053 6755
Email: [email protected]

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