Gold dental crowns are commonly used to restore damaged or decayed teeth. However, there may come a time when you no longer need your gold dental crowns and want to sell them. Whether you have upgraded to newer crowns or simply no longer require them, selling gold dental crowns can be a great way to earn some extra cash. In this article, we will explore 10 different avenues where you can sell gold dental crowns and provide valuable information on each option.
1. Dental Labs
One of the most common and convenient options to sell gold dental crowns is directly to dental labs. These labs often buy used dental materials, including gold crowns. Many dental labs have refining services that allow them to extract the gold from the crowns and repurpose it for future use. The price you can expect to receive for your gold dental crowns from dental labs can vary depending on the current market value of gold.
Dental labs generally offer competitive prices for gold dental crowns, with average prices ranging from $20 to $80 per crown. However, it is important to note that these figures are approximate, and actual prices may vary based on factors such as the weight and purity of the gold, as well as current market conditions.
Additionally, some dental labs may require a minimum quantity of crowns for purchase, while others may accept individual crowns.
2. Gold Buyers
Gold buyers are businesses or individuals who specialize in purchasing gold items, including gold dental crowns. These buyers often buy gold in various forms and pay based on the weight and quality of the gold. When selling your gold dental crowns to a gold buyer, they will typically determine the value of your crowns by assessing their gold content.
The price you can expect to receive from gold buyers can range from $15 to $60 per crown, depending on factors such as the weight and purity of the gold. It is always a good idea to shop around and compare offers from different gold buyers to ensure you are getting the best possible price for your gold dental crowns.
Keep in mind that many gold buyers require a minimum weight of gold before they make a purchase. However, some may be willing to buy even a single crown.
3. Pawnshops
Pawnshops are another option to consider when selling gold dental crowns. These establishments specialize in buying and selling a wide range of items, including gold jewelry and other precious metals. While pawnshops may not offer the highest prices for gold dental crowns, they provide a hassle-free and convenient way to sell them.
The price you can expect to receive from pawnshops can vary widely, but it typically ranges from $10 to $50 per crown. Factors such as the weight, purity, and condition of the crowns will influence the final price offered.
It is worth noting that pawnshops often have a minimum age requirement for selling gold dental crowns. This age requirement may vary from shop to shop, so it is advisable to check with the specific pawnshop beforehand.
4. Online Marketplaces
The rise of online marketplaces has made it easier than ever to sell a wide range of items, including gold dental crowns. Platforms such as eBay and Craigslist allow individuals to list their crowns for sale and connect with potential buyers from around the world.
When selling on online marketplaces, you have the freedom to set your own asking price for the gold dental crowns. However, it is essential to research similar listings and consider the current market value of gold to determine a fair and competitive price.
It is important to note that when selling gold dental crowns on online marketplaces, you may incur fees or commissions, and you should ensure secure payment methods to protect yourself from fraud.
5. Gold Refiners
Gold refiners are specialized businesses that extract gold from various sources, including gold dental crowns. Selling your gold dental crowns to a refiner ensures the gold will be melted down and recycled, rather than repurposed as a dental material.
Gold refiners typically pay based on the weight and purity of the gold. While prices may vary, you can expect to receive approximately $20 to $80 per crown from gold refiners. However, it is important to note that individual refiners may have specific requirements or minimum quantities for a transaction.
6. Dental Supply Companies
Some dental supply companies accept used dental materials, including gold dental crowns, for recycling purposes. These companies often have programs that allow them to collect dental scrap and refine it to recover the precious metals.
When selling gold dental crowns to dental supply companies, the price you can expect to receive will vary. Factors such as the weight and purity of the gold, as well as the current market conditions, will influence the final price. It is advisable to contact different dental supply companies to inquire about their buying prices and requirements.
7. Local Jewelers
Local jewelers may also be interested in purchasing gold dental crowns. While jewelry stores primarily focus on selling finished jewelry, some jewelers buy gold items for their scrap value. It is recommended to contact local jewelers and inquire if they are interested in buying gold dental crowns.
The price you can expect to receive from local jewelers will depend on factors such as the weight and purity of the gold, as well as the individual jeweler's pricing strategy. Prices may range from $10 to $50 per crown, but it is advisable to inquire and compare offers from different jewelers to ensure you get the best deal.
8. Dental Schools
Some dental schools have programs that accept used dental materials, including gold dental crowns, for educational and research purposes. While the primary purpose may not be buying the items, some dental schools may offer compensation for your gold crowns.
The compensation offered by dental schools for gold dental crowns can vary. It is recommended to contact dental schools in your area and inquire about their programs and any potential compensation they offer.
9. Online Gold Buying Companies
Many online gold buying companies specialize in purchasing gold items, including gold dental crowns. These companies provide an easy and convenient way to sell your crowns from the comfort of your own home.
Online gold buying companies typically provide a shipping kit for you to send in your gold dental crowns. They will assess the value of the crowns based on their weight and purity, and provide an offer for your consideration.
The price you can expect to receive from online gold buying companies can range from $15 to $60 per crown, depending on factors such as the weight and purity of the gold. It is crucial to ensure you choose a reputable online gold buying company with positive customer reviews and transparent pricing policies.
10. Scrap Gold Dealers
Scrap gold dealers specialize in buying gold items for their scrap value. These dealers usually determine the value of your gold dental crowns based on their weight and purity. While they may offer competitive prices, it is advisable to obtain quotes from multiple dealers to ensure you get the best deal.
The price you can expect to receive from scrap gold dealers can vary depending on market conditions, but it typically ranges from $15 to $60 per crown.
Frequently Asked Questions (FAQs)
Q1: How do I determine the purity of my gold dental crowns?
A1: The purity of gold dental crowns is typically marked on the inside. You can look for markings such as "14k" or "585" indicating 14 karat gold, "18k" or "750" indicating 18 karat gold, or "24k" indicating pure gold.
Q2: Can I sell gold dental crowns even if they are damaged or broken?
A2: Yes, you can still sell damaged or broken gold dental crowns. These crowns will typically be bought for their scrap value based on the weight and purity of the gold.
Q3: Are there any restrictions on selling gold dental crowns?
A3: The selling of gold dental crowns is generally unrestricted. However, it is advisable to ensure you comply with any local laws or regulations regarding the sale of precious metals.
Q4: How can I ensure a secure transaction when selling gold dental crowns online?
A4: When selling gold dental crowns online, it is important to choose reputable platforms and buyers with secure payment methods. Additionally, consider insuring your shipment and using tracking services to protect yourself from potential loss or theft.
References:
1. Investopedia - Understanding Spot Prices for Gold and Silver
2. University of Illinois at Chicago College of Dentistry - Sending Dental Scrap for Refining
3. Better Business Bureau - Research and Reviews for Online Gold Buying Companies
Note: The prices mentioned in this article are approximate and subject to change. It is advisable to research current market conditions and contact the relevant buyers for accurate pricing information.
