Selling your gold at the best price does not depend on luck, but on a few minutes of preparation. Two people can sell exactly the same piece and walk away with very different amounts: the only difference is that one of them knew what they were doing.
| Karat | Purity | Price per gram (spot, USD) | Jayma Or buy-back price |
|---|---|---|---|
| … | |||
Do you want to get the most out of your jewelry, your scrap gold, or your coins? Good news: the value of gold can be calculated and verified. By following the right method, you arrive already knowing roughly what your gold is worth — and no one can offer you less without your noticing.
At Jayma Or, an established gold buyer in Dakar, we test, weigh in front of you, and pay cash, the same day, based on the world market rate. Here, fully transparently, is how to sell your gold at the best price.
In this guide, you will learn:
- the 5 levers that raise (or lower) your selling price;
- how to prepare before you come in;
- how to compare an offer against a reliable reference;
- how to sell quickly, at a fair price, and completely safely.
This guide focuses on how to get the best price. If you are first looking for where to sell, read our dedicated article: where to sell gold jewelry in Senegal.
1. Know the Karat of Each Piece
The karat is the first price lever, because it indicates the real share of gold: 99.9% for 24-karat, 87.5% for 21-karat, 75% for 18-karat, and 58.3% for 14-karat. For equal weight, a higher karat is worth more.
Before selling, look for the hallmark on each piece (24K, 21K, 18K, 14K, or 999, 875, 750, 585) and sort your jewelry by karat. Each lot will be valued at its own price: it is fairer, and more advantageous for you.
2. Have Your Jewelry Weighed Precisely
The weight is the other pillar of the calculation. Beware of an estimate "by eye": only a real weight, taken on a precise scale to the tenth of a gram, gives a reliable value.
A proper weighing is always done in front of you, and you must see the figure appear. To understand how a proper weighing is done, read our article on weighing gold at the jeweler's. Remember the simple rule: no scale, no serious price.
3. Check the Day's Rate Before You Sell
The price of gold changes every day according to the world market. It is what sets the price of the gram. Checking the day's rate before you come in is probably the most profitable thing you can do in the whole process.
The formula is simple: weight × purity × the day's price per gram = the value of your gold. Note the price per gram for your karat, do the math, and you will get a realistic range. You will then immediately know whether an offer is fair or not.
4. Compare the Offer Against a Clear Reference
This is where many sellers get cheated: they accept the first offer with no point of comparison. The right instinct is to compare each offer against the day's rate, not against another random offer.
Always ask: "What karat and what rate is this price based on?" A serious offer can be itemized: karat + weight + rate. If it cannot be explained to you, that is a bad sign. To estimate it yourself, use our tool: how much your gold jewelry is worth.
5. Sell Quickly, at a Fair Price, and Safely
Maximizing the price is pointless if the transaction is risky. Here are the golden rules:
- Favor a professional, established setting rather than an improvised meeting with a stranger.
- Insist on testing and weighing in front of you, as well as an explained price.
- Bring an ID: a serious buyer verifies it, which protects both parties.
- Ask for clear, immediate payment. Cash the same day is the simplest and safest solution.
For the detailed procedure, see our guide: how to sell my jewelry in Dakar. And to understand how the price per gram is set, read gold buyback in Dakar: how the price is calculated.
The Mistake That Costs the Most
The biggest mistake is not negotiating poorly: it is selling with no reference at all. When you know the karat, the weight, and the day's rate, you no longer need to "negotiate": you already know what is fair. Preparation replaces negotiation.
Frequently Asked Questions
How can I be sure to sell my gold at the best price?
Know the karat, have it weighed on a scale, check the day's rate, and compare the offer against that reference. Sell where the test, the weighing, and the calculation are done in front of you.
Do I need to negotiate to get a better price?
More than negotiating, you need to be informed. With the karat, the weight, and the day's rate in mind, you immediately recognize a fair offer, without having to haggle.
Does the best price depend on the day I sell?
Partly: the price of gold changes every day. Checking the day's rate lets you sell with full knowledge. The price per karat is shown on our home page.
Can a damaged piece still sell at a good price?
Yes. The aesthetic condition does not factor in: only the real gold weight of the piece counts, according to its karat. Scrap gold and fragments are bought as normal.
What if I cannot come in person?
We can send a trusted courier to your home or office to carry out the transaction completely safely, with testing, weighing, and cash payment.
Take Action: Sell at the Best Price Today
You now know the 5 levers for selling your gold at the best price: karat, weight, the day's rate, comparison, and security. With your preparation done, all that is left is to sell.
Get a free estimate, no obligation: send a photo of your jewelry by WhatsApp to +221 78 111 66 87, or make an appointment. We test, weigh in front of you, and pay cash the same day.
Prepare your jewelry, check the rate, then write to us: you will know in a few minutes what your gold is really worth — and you will sell it at a fair price.