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Browse the catalogueSell Your Bullion
The Coin Shed buys bullion from the public. If you have gold or silver you would like to sell, we will look at it and give you a quote.
What we are interested in
We are primarily interested in investment bullion — gold and silver bars, rounds and bullion coins from recognised mints, in sound condition and with their original packaging or assay card where applicable.
We also look at bullion-grade material that falls outside that description. If you are not sure whether what you have is something we buy, ask us rather than assuming — describing it takes a minute and costs nothing.
How a quote works
Every quote depends on the metal, the weight, the purity, the condition of the item and the current market price of the metal at the time we quote. Because metal prices move continuously, a quote reflects the market at the moment it is given.
A quote is indicative until we confirm it. It is not locked in when you first receive it, and it is not an offer to purchase. The final figure is the one we confirm after we have seen and checked the items in person.
Indicative live buyback prices
The prices below are calculated from the current market spot price and update through the day as the metal markets move. They are a guide to what we pay, not a quote.
These figures are indicative. They assume the item is what it is described as, in sound condition, and of the stated weight and purity. Every price is subject to physical inspection and verification, and nothing is locked in until we confirm the transaction with you. Prices move with the market.
Silver — indicative buyback
| Weight | We pay (indicative) |
|---|---|
| 1 g | $3.04 |
| 5 g | $15.21 |
| 10 g | $30.41 |
| 20 g | $60.82 |
| 1 oz | $94.59 |
| 2 oz | $189.18 |
| 5 oz | $472.96 |
| 10 oz | $945.92 |
| 500 g | $1,520.61 |
| 1 kg | $3,041.21 |
Live buyback pricing · updated 2 min ago · 1.5% under spot · silver spot A$96.03 per troy ounce
Gold — indicative buyback
| Weight | We pay (indicative) |
|---|---|
| 0.5 g | $102.89 |
| 1 g | $205.79 |
| 2.5 g | $514.46 |
| 5 g | $1,028.93 |
| 10 g | $2,057.85 |
| 20 g | $4,115.70 |
| 1 oz | $6,400.63 |
| 50 g | $10,289.25 |
| 100 g | $20,578.51 |
Live buyback pricing · updated 2 min ago · 1.5% under spot · gold spot A$6,498.10 per troy ounce
Scrap gold and silver
For scrap precious metal we generally pay 15% under the fine-metal value. Scrap is priced on its actual purity, not its gross weight — we work out how much pure metal is present, then apply the scrap rate to that.
| Example | Fine metal | We pay (indicative) |
|---|---|---|
| 10 g of .925 sterling silver | 9.25 g fine silver | $24.28 |
| 100 g of .925 sterling silver | 92.5 g fine silver | $242.76 |
| 1966 Australian Round 50c — 80% silver | approx. 0.3416 ozt fine silver | $27.88 |
| 10 g of .750 (18ct) gold | 7.5 g fine gold | $1,331.86 |
| 10 g of .375 (9ct) gold | 3.75 g fine gold | $665.93 |
Pre-decimal Australian silver — including the 1966 round 50c and 1946-1963 coinage — is bought at the scrap rate on its actual silver content, not as investment bullion. Prices are indicative until the coins are physically inspected and authenticated.
Other purities and weights are quoted the same way. Send us the details and we will work it out for you.
What these prices assume
- Investment bullion rates apply to qualifying .999 or finer bullion from recognised mints.
- Stated weights are treated as fine metal content, as they are for stamped bullion.
- Scrap is priced on its actual purity, worked out from the gross weight.
- Final acceptance and the final figure depend on verification when we see the items.
Requesting a quote
Email support@thecoinshed.com.au with as much of the following as you can:
- What each item is — metal, weight and mint or brand if you know them
- How many of each you have
- The stated purity, if it is marked on the item or its packaging
- Whether you still have the original packaging, capsule, assay card or certificate
- Clear photographs of the front and back of each item, and of any packaging or markings
Photographs make a real difference to how useful a first quote is. Good light and a plain background are enough — they do not need to be perfect.
Inspection before final payment
All items are inspected and verified before a purchase is completed. This applies whether you bring items to us or arrange to send them. We check weight, dimensions and authenticity, and the final price is confirmed only after that inspection.
If our final figure differs from the indicative quote, we will tell you why, and you are free to decline.
Identification and payment details
We require government-issued photo identification from every seller, and we may need your payment details before a purchase can be completed. This applies to all sales and is not negotiable — it is how we keep proper records of what we buy.
Items we may decline
We may decline any item. In particular we will not complete a purchase where an item cannot be authenticated to our satisfaction, where its condition or composition makes it unsuitable, or where we are not able to verify its provenance.
Declining an item is not a judgement about you — it usually means we cannot be certain enough about the item itself to put our name to it.
Before you send anything
Please contact us before posting any items. We will confirm what you have, agree how it should be sent, and tell you what to expect. Sending valuables without arranging it first risks loss and delays your payment.
You are also welcome to bring items to our office in Tingalpa QLD 4172 (by appointment). Contact us first so we can make sure the right person is available.
Request a quote
Email support@thecoinshed.com.au with the details above and we will come back to you.