How Much Is My Gold Worth?

Since it is the highest-reviewed and most trusted gold buyer in Atlanta, The Gold ATM works with a lot of customers. The majority of the customers who want to sell their gold usually ask us the same question:”How much is my gold worth?” So, we’ve decided to break down the process for you and explain how we calculate the value of your gold pieces.


First of all, our experts use a magnifying glass to decipher the karat number of your piece. That allows us to see if your gold is genuine. If we aren’t a 100% sure, we perform an acid test or Skey test.


The Acid Test


We have a kit with 10K, 14K, 18K and 22K bottles of testing acid. With the acid, we use a test stone made from various materials, including novaculite or other types of flint material. Then, we rub your item against the stone and put a drop of the appropriate acid on the mark your piece left on the stone. Depending on how the mark reacts, we decipher the karat number of your piece. The mark can remain the same, turn brown, or disappear.


The Skey Test


For this test, we use a gold verification pen. With it, we draw a ¼ inch line and go over it four times without lifting the pen from the piece. Then, we immediately write a line with the same pen on a white piece of paper. Depending on the color it leaves on the paper, we can determine the exact karat number.


The Gram Weight


To determine the base value of your scrap gold, we measure it in grams. This step isn’t crucial when it comes to making an offer, but it is nevertheless an important factor that shouldn’t be neglected.


Current Gold Price


Finally, the current market price of gold is something we always pay attention to. Actually, the price is always displayed at our offices. The price of gold is public information, and as such, it shouldn’t be a secret.


Our Services


The Gold ATM has over 250 five-star reviews on Google; therefore, you can always count on impeccable customer service. Our customers get free evaluations, as well as honest and fair offers. We are Atlanta’s most trust gold buyer, diamond buyer, and luxury watch buyer. We buy yellow gold, white gold, and rose gold, in any karat weight. Moreover, we offer low-interest loans on all gold jewelry.


You can find us at three safe and secure locations: in Atlanta, Roswell, and Buckhead. Our environment is entirely pressure-free; as a result, our customers are at ease because they know that they are under no obligation to sell. Feel free to visit us at any of our safe and secure locations:

  • Main Office (WALK-INS WELCOME) – 400 Galleria Pkwy, Suite 1500, Atlanta, GA 30339 – (770) 843-4653
  • Buckhead Location (APPOINTMENT ONLY) – 3525 Piedmont Rd NE Bldg 7, Suite 300, Atlanta, GA 30305 – (678) 310-9240
  • Roswell Location (APPOINTMENT ONLY) – 760 Old Roswell Rd, Roswell, GA 30076 – (470) 499-4615


If you have any additional questions, feel free to contact us. We invite you to come experience The Gold ATM for yourself.