Sell Your Gold Necklace for the Highest Price in LA
South Bay Coin pays Los Angeles top cash for gold necklaces of every karat and condition. Walk in for a free, private appraisal, watch us test and weigh your piece in front of you, and leave with same-day cash.
The Best Place to Sell Gold Necklaces in Los Angeles
If you want to sell gold necklaces in Los Angeles for what they are actually worth, South Bay Coin is where local sellers come first. We are a licensed, bonded, and insured precious metals dealer in Lawndale, and since 1980 we have paid cash for tens of thousands of gold chains, pendants, and necklaces from across LA County. Every offer is built on the live gold price, never a flat lowball figure.
Most pawn shops and jewelry stores buy your necklace only to resell or send it to a refiner, so they bake their profit margin into a lower offer. South Bay Coin owns its refinery and processes gold in-house, which removes the middleman entirely. That is why our clients routinely walk out with 10 to 30 percent more than competing offers from other gold buyers in Los Angeles, especially on heavier rope, Cuban, and herringbone chains.
Bring a single thin chain or a drawer full of tangled, broken, and inherited pieces. We test the karat, weigh each item on a certified scale in front of you, and explain exactly how we reached the number. There is zero pressure and the appraisal is always free. Many sellers who come in to sell gold chains for cash also bring in gold coins and other jewelry the same day.
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Live Precious Metal Spot Prices
Updated every 60 seconds during market hoursHow Much Is My Gold Necklace Worth?
Three things set the value of any gold necklace: its karat, its weight, and the gold spot price the moment you sell. Karat tells us how much pure gold is in the alloy. A 14K necklace is 58.3 percent gold, 18K is 75 percent, and 10K is 41.7 percent. We confirm the karat with an XRF analyzer and acid testing rather than trusting the stamp alone, because plenty of chains are mismarked or only plated.
Next we weigh the necklace in grams on a calibrated scale, then convert to troy ounces, the unit gold trades in. The melt value is simply purity multiplied by weight multiplied by today's spot price. For example, a 20-gram 14K chain holds about 11.7 grams of pure gold, and we pay a percentage of that live value far higher than the 50 to 75 percent most pawn shops and mail-in buyers offer. Because we refine the metal ourselves, we keep more of that value in your pocket.
Condition almost never matters for melt. A kinked, knotted, or clasp-missing chain is worth the same per gram as one in perfect shape, so do not pay a jeweler to repair a necklace you intend to sell. The exception is a recognized designer or hallmark piece, which can carry value above melt. We check every necklace for maker's marks before quoting, the same careful approach we bring when you sell your gold jewelry with us.
Gold Necklaces We Buy for Cash
We buy gold necklaces in every style, karat, and condition. Whether the chain is solid, broken, or part of an inherited collection, each piece is evaluated for its full gold value.
Chains & Link Necklaces
Rope, Cuban, figaro, herringbone, box, snake, and curb chains in 10K, 14K, 18K, and 22K gold.
Pendant & Charm Necklaces
Gold pendants, lockets, religious medallions, name plates, and charm necklaces with or without stones.
Broken & Scrap Necklaces
Snapped chains, missing clasps, tangled knots, single strands. Condition does not lower the per-gram price.
Inherited & Estate Necklaces
Vintage, antique, and estate gold necklaces, full lots, and unworn pieces from family collections.
Sell a Gold Necklace in Three Steps
Visit, Call, or Text
Walk into our Lawndale showroom at 16916 Hawthorne Blvd. No appointment needed. Or call (310) 363-7808 and text photos of your necklace first.
Free Expert Appraisal
We test each chain's karat, weigh it in front of you, and explain the offer using today's live gold spot price. No pressure, ever.
Get Paid Immediately
Accept the offer and walk out with cash or a check the same day. Most necklace sales take about 15 minutes. Bring a valid photo ID.
South Bay Coin vs. Other Gold Necklace Buyers
Not every gold buyer pays the same for a necklace. Here is how our in-house refinery model stacks up against pawn shops, jewelry stores, and mail-in services.
| South Bay Coin | Pawn Shops | Jewelry Stores | Mail-In | |
|---|---|---|---|---|
| Owns refinery | Varies | |||
| Same-day cash | ||||
| % of spot paid | Highest | 40-60% | 50-70% | 60-75% |
| Tests necklace in front of you | Sometimes | Sometimes | ||
| Buys broken chains at full per-gram | Varies | Varies | Varies | |
| 45+ year track record | Varies | Varies | Varies |
What Our Customers Say
Common Questions About Selling Gold Necklaces
A 14K gold necklace is 58.3 percent pure gold. Its value equals that pure-gold content multiplied by the necklace's weight and today's gold spot price. A 20-gram 14K chain holds about 11.7 grams of pure gold. Bring it to our Lawndale showroom and we will weigh, test, and quote it free using the live market price.
The highest offers come from buyers who refine gold themselves instead of reselling it. South Bay Coin owns an in-house refinery, so we skip the middleman and pay a higher percentage of spot than pawn shops, jewelry stores, or mail-in buyers across LA. Our clients regularly receive 10 to 30 percent more than competing offers.
Yes. A broken, kinked, or clasp-missing necklace is worth the same per gram as one in perfect condition because the gold content is identical. Never pay to repair a chain you plan to sell. Bring snapped links, tangled knots, and single strands. We weigh the gold, not the damage.
We verify the karat with an XRF analyzer and acid test, weigh the necklace on a certified scale in front of you, then calculate the pure-gold content against the live spot price. Karat and weight drive the offer. We also check for designer hallmarks that may carry value above melt.
We buy 10K, 14K, 18K, 22K, and 24K gold necklaces, plus less common karats. Higher karat means more pure gold and a higher payout. We even buy gold-filled and some plated chains depending on content. If you are unsure of the karat, we test every piece for free and tell you exactly what you have.
Spot price is the wholesale value of one troy ounce of pure gold. Your necklace is an alloy, so we pay on its actual pure-gold content, not the full bar price. Buyers then pay a percentage of that value. Because we refine in-house, our percentage is higher than pawn shops or mail-in services.
Bring the inherited necklaces to our showroom and we will test and weigh each piece, then give a no-obligation offer based on today's gold price. We also examine every necklace for designer or collectible value that can exceed scrap. For large estate collections, we buy entire lots and handle high-value transactions.
Gold has traded near historic highs, which means your necklace is likely worth more now than when you bought it. The metal's value moves daily, so the only way to know your exact number is a live quote. Stop in or text photos and we will price your necklace against the current spot.
No appointment is needed. Walk-ins are always welcome at 16916 Hawthorne Blvd in Lawndale during business hours. If you prefer, text photos of your necklace to (310) 363-2697 for an estimate before you visit. Bring a valid photo ID, and most sales wrap up in about 15 minutes.
Pawn shops typically pay 40 to 60 percent of a necklace's gold value because they resell it for profit. A dedicated gold buyer with its own refinery, like South Bay Coin, pays a far higher percentage by cutting out the middleman. For the best price on a gold necklace in LA, choose a licensed refiner over a pawn shop.
Ready to Sell Your Gold Necklace?
Walk in for a free, no-pressure appraisal and leave with same-day cash for your gold necklace.