Licensed Gold Buyer Serving Santa Monica Since 1980

Sell Gold in Santa Monica for Top Cash

Need a gold buyer near Santa Monica who pays more? South Bay Coin refines gold in house, so no middleman takes a cut. Bring jewelry, coins, scrap, or bullion to our Lawndale counter for a free appraisal and same-day payment.

Same-Day Cash 45+ Years in Business Licensed California Gold Dealer We Beat Any Offer Walk-Ins Always Welcome In-House Gold Refinery
Why Santa Monica Sellers Drive South

The Best Place to Sell Gold in Santa Monica

If you want to sell gold in Santa Monica and keep more of what it is worth, South Bay Coin is worth the drive south. We are a licensed, bonded, and insured California gold dealer, and we have bought gold from Westside and Los Angeles County sellers since 1980. Santa Monica sellers make the trip for one reason: a refiner can pay more than a reseller.

Here is why. Most gold that crosses a counter is not kept. A pawn shop or jewelry store that buys your chain usually passes it on to a refiner, and that refiner takes its own margin before the gold is ever melted. Every business between you and the furnace is paid out of your offer. South Bay Coin owns and runs an in-house refinery, so that extra step does not exist here. Mail-in buyers skip the storefront, but you give up your gold before you hear a firm number.

We are also a full coin shop with a resale platform, which matters when a drawer holds more than broken chains. A collectible coin or a wearable signed piece can be worth more than its gold content, and we look for that before anything is priced as melt. Whether you bring one ring to sell gold jewelry for cash, a roll of gold and silver coins, or a whole box from a house in Ocean Park, Sunset Park, or North of Montana, you get the same careful evaluation.

Every appraisal is free, and there is never pressure to sell. We test the karat, weigh each piece in front of you, and explain exactly how we reached the number, so you can compare it with any quote you already have from a buyer on the Westside.

Visit Our Lawndale Counter

Gold Buyers Near Me, a Short Drive From Santa Monica

South Bay Coin

Address 16916 Hawthorne Blvd, Lawndale, CA 90260
Roughly 15 miles south of downtown Santa Monica by the 405 freeway or by Lincoln Boulevard. Allow extra time at rush hour.
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Text a Photo (310) 363-2697
Hours Mon-Fri: 10 AM - 5 PM
Sat: 10 AM - 3 PM
Sun: Closed
Areas We Serve Santa Monica, including Ocean Park, Sunset Park, Pico, Wilshire Montana, and North of Montana, plus Venice, Marina del Rey, Pacific Palisades, Brentwood, Mar Vista, West LA, Culver City, Torrance, Redondo Beach, Manhattan Beach, Hawthorne, El Segundo, and all of Los Angeles County.
Four Terms, All Named Out Loud

How Much Is My Gold Worth in Santa Monica?

Four things set the price of your gold, and you should hear every one of them named before you decide. The first is karat, a count of gold parts out of 24: 24K is pure gold, 18K is 75 percent gold, 14K is about 58.3 percent, and 10K is about 41.7 percent. The second is weight, taken on a certified scale in grams or pennyweight. The third is the live gold market on the day you sell. The fourth is the buyer's margin, and it is the only one of the four that a buyer controls.

The first three are arithmetic. Pure gold content multiplied by the market price gives melt value, and any honest buyer can show you that math. What separates one shop from another is almost entirely the fourth term, which is why a Santa Monica seller can hear two very different quotes for the same bracelet in one afternoon. A reseller has to leave room for the refiner it sells to. We are the refiner, so our margin supports one business instead of two.

Purity is confirmed in front of you with XRF analysis and acid testing, which also settles unmarked, worn, or foreign-stamped pieces. Stones, steel springs, and base-metal clasp parts are not gold, so we tell you what is being set aside and why. Coins get a second look for collector value before anyone calls them melt.

One Drive, One Itemized Offer

Sell Gold and Silver in One Trip From Santa Monica

Most Santa Monica households that bring us gold also have silver, and splitting the two between different buyers usually means paying two margins. Sterling marked 925 is 92.5 percent silver. Older American coin silver runs close to 90 percent, and US dimes, quarters, and half dollars dated 1964 or earlier are 90 percent silver. Silver plate, often stamped EP or EPNS, is a thin layer over base metal and holds little metal value, and we will tell you so plainly rather than price it as sterling.

Bring everything together: the jewelry box, the flatware chest, the coin album. We sort gold by karat and silver by grade, price each group on its own basis, and hand you one itemized offer. If most of what you own is silver, our guide to selling silver in Los Angeles explains how sterling, coin silver, and bullion are each priced. Either way, you make one drive from the Westside instead of two.

What We Buy

We Buy Gold Jewelry, Coins, and Scrap for Cash

We buy gold and silver in any condition, any karat, and any form, from signed fine jewelry to a single broken earring. Every item is tested and priced for what it actually is.

Sell Gold Jewelry

Chains, rings, bracelets, earrings, pendants, charms, wedding bands, and class rings in 10K through 24K, including 21K and 22K, white and rose gold, and signed designer pieces.

Sell Gold Coins and Bullion

American Gold Eagles, Buffalos, Krugerrands, Maple Leafs, pre-1933 US gold, bars, and ingots, each checked for collector value before it is priced as bullion.

Sell Scrap and Dental Gold

Crowns, bridges, and caps, plus snapped clasps, tangled chains, bent rings, and single earrings. Damage does not change how much gold a piece holds, so scrap is paid on content.

Sell Silver Coins and Flatware

Sterling flatware and hollowware, 90 percent US coins, silver dollars, bars, rounds, and sterling jewelry, sorted by grade and priced on the same ticket as your gold.

Three Steps, One Trip

How to Sell Gold From Santa Monica in Three Steps

1

Text Photos of Your Gold First

Send photos to (310) 363-2697 for a rough idea before you leave Santa Monica, or skip it and walk in. No appointment is needed at 16916 Hawthorne Blvd in Lawndale.

2

Get a Free Gold Appraisal

We test each piece, weigh it on a certified scale while you watch, and explain the offer against today's gold market. There is no fee and no pressure to sell.

3

Get Paid for Your Gold Same Day

Accept the offer and leave with cash or a check. Most visits take about 15 minutes. Bring a valid government photo ID, which California requires dealers to record.

How We Compare

Gold Buyer vs Pawn Shop vs Mail-In for Santa Monica

Santa Monica has gold buyers of its own, from pawn counters to jewelry stores, and mail-in services reach every zip code. Here is how a refiner-owned coin shop compares, including the one row where a closer counter wins.

How South Bay Coin compares with pawn shops, jewelry stores and mail-in gold buyers for Santa Monica sellers
Feature South Bay Coin Pawn Shops Jewelry Stores Mail-In
Owns an in-house refinery Yes No No Varies
Paid the same visit Yes Yes Yes No
States the offer basis out loud Always Rarely Sometimes Rarely
Tests and weighs in front of you Yes Sometimes Sometimes No
Checks coins for collector value Yes Rarely Sometimes Varies
Gold, silver, and coins on one ticket Yes Varies Rarely Varies
Counter inside Santa Monica No Yes Yes No
45+ year track record Yes Varies Varies Varies
Verified Google Reviews

Gold Buyer Reviews From Across Los Angeles

5.0 out of 5 stars
400+ Google Reviews
Rated 5 out of 5 stars

"Best place to sell gold in Los Angeles. I went to three other buyers in the South Bay. South Bay Coin offered significantly more."

Diane S. · Torrance, CA
Rated 5 out of 5 stars

"They offered THE BEST price for my gold jewelry. If you have gold to sell, this is the best place for you."

Samrawit G. · Los Angeles, CA
Rated 5 out of 5 stars

"We called 10 places and South Bay Coin paid the most. Highly recommend."

G.D. · Hawthorne, CA
Rated 5 out of 5 stars

"Very honest and trustworthy. Sold my gold jewelry and a Rolex here. Got paid cash on the spot, way more than I expected."

Erik H. · Redondo Beach, CA
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Frequently Asked Questions

Questions About Selling Gold in Santa Monica

Where can I sell gold in Santa Monica?

To sell gold in Santa Monica for the most cash, many Westside sellers drive about 15 miles south to South Bay Coin in Lawndale. We are a licensed California gold dealer with an in-house refinery, open six days a week, and we pay the same day for gold jewelry, coins, scrap, and bullion.

Who pays the most for gold near Santa Monica?

A buyer that refines its own gold can usually pay more than one that resells it, because no second business takes a margin. South Bay Coin owns its refinery and also runs a coin shop, so collectible coins and wearable pieces are priced above melt whenever the market supports it.

How much is my gold worth?

Your gold is worth its pure gold content times the live market price, less the buyer's margin. A 14K chain is about 58.3 percent gold, so we multiply that share of its weight by today's price. We weigh and test in front of you and explain each term before you decide.

How far is South Bay Coin from Santa Monica?

Our storefront at 16916 Hawthorne Blvd in Lawndale is roughly 15 miles south of downtown Santa Monica, by the 405 freeway or by Lincoln Boulevard. Sellers from Venice, Marina del Rey, and Pacific Palisades make the same trip, and texting photos first tells you whether the drive is worth it.

Do I need an appointment to sell gold?

No appointment is needed. Walk in Monday through Friday from 10 AM to 5 PM, or Saturday from 10 AM to 3 PM. If you are coming from Santa Monica, text photos to (310) 363-2697 first for a rough idea, then bring the pieces in for a firm offer.

What karat gold do you buy?

We buy every karat, including 10K, 14K, 18K, 21K, 22K, and 24K, in yellow, white, and rose gold. Higher karat means more gold in every gram and a higher payout per gram. Unmarked or worn stamps are fine, because we confirm purity with XRF analysis and acid testing before any offer.

Can I sell broken or dental gold?

Yes. Broken chains, bent rings, single earrings, and snapped clasps hold exactly as much gold as they did when whole, so we pay on gold content rather than discounting damage. Dental crowns, caps, and bridges are bought too, and we explain how porcelain or other non-gold material affects the weight.

Do you buy silver and silverware too?

Yes. We buy sterling flatware marked 925, sterling jewelry, 90 percent US coins, silver dollars, bars, and rounds. Each grade is sorted and priced separately, and silver plate is identified so it is never confused with sterling. Many Santa Monica sellers put gold and silver on one itemized ticket in a single visit.

How do you value gold coins?

Every gold coin has a melt value set by its gold content, and some also carry a collector value set by rarity, date, and condition. Common bullion coins like Eagles and Krugerrands trade close to their gold value, while scarce dates or graded coins can bring more. We check before pricing anything as melt.

Is it better to sell gold in Santa Monica to a pawn shop or a gold buyer?

If you want an outright sale, a gold buyer usually pays more. When you sell gold in Santa Monica to a pawn shop, the piece is typically resold or passed to a refiner, and a mail-in buyer holds your metal before paying. South Bay Coin refines in house, tests in front of you, and pays before you leave.

Ready to Sell Gold From Santa Monica?

Text photos for a rough idea, or walk in with no appointment. Free appraisal, every piece tested in front of you, and payment before you leave Lawndale.