Sell Bullion / Buyback

We buy back investment-grade bullion and scrap metal. Quotes are based on live spot pricing and the product type. To sell, contact us with what you have (metal, purity, weight, and photos if possible) and we’ll confirm a buyback quote.

Metal Buyback Rates

Scroll down to find our current buyback rates. These rates are live and update every 3 minutes. Please note, these values are provided as an estimate, and final buyback pricing is provided on a quote by quote basis.

Silver Buyback Rates By Troy Ounces And Minimum Purity

WeightRequired PurityCurrent Buyback Rate (AUD)
1oz.999+$115.40
2oz.999+$230.80
5oz.999+$576.99
10oz.999+$1,153.98
20oz.999+$2,284.87
100oz.999+$11,424.36
1000oz.999+$114,243.57
Important: The Coin Chest will purchase silver at spot value up to a quantity of 100oz silver per week, per household. Any additional buybacks per household exceeding the 100oz silver will be purchased at spot minus 1%.

Silver Buyback Rates By Weight And Minimum Purity

WeightRequired PurityCurrent Buyback Rate (AUD)
500g.999+$1,855.06
1kg.999+$3,673.01
5kg.999+$18,365.07
10kg.999+$36,730.13
Important: The Coin Chest will purchase silver at spot value up to a quantity of 100oz silver per week, per household. Any additional buybacks per household exceeding the 100oz silver will be purchased at spot minus 1%.

Unsure what this applies to? Click here to see acceptable examples of silver buybacks.

Gold Buyback Rates By Weight And Minimum Purity

WeightRequired PurityCurrent Buyback Rate (AUD)
1oz.999+$7,074.36
2oz.999+$14,148.71
5oz.999+$35,371.78
10oz.999+$70,743.56
100oz.999+$707,435.65
Important: The Coin Chest will purchase both gold at spot value up to a quantity of 1oz gold per week, per household. Any additional buybacks per household exceeding the 1oz gold limit will be purchased at spot minus 1%.

Unsure what this applies to? Click here to see acceptable examples of gold buybacks.

Investment-grade bullion (.999 / .9999)

Base rate: Spot “Sell” price for pure .999+ bullion. This applies to:

  1. Any silver bullion bars / coins
  2. Any gold bullion bars / coins

For reference, here are two types of buybacks we will always purchase at spot price:

.999+ silver bullion bars

.999+ Gold Bars

1% below spot applies to:

  1. 100oz silver bars
  2. 1oz gold bullion (coins or bars)

For reference, here are two types of buybacks we purchase at 1% under spot price:

.999+ 100oz Silver Bars

.999+ 1oz Gold Bars

Scrap / non-investment metal

Scrap buyback: Spot − 15%

Applies to scrap gold/silver (jewellery, mixed purity, damaged items, non-bullion forms) where refining/processing is required.

For reference, here are examples of what are considered scrap:

.925 (Sterling) Silver Jewellery / Cutlery

.800 1966 50c Australian Rounds

Predecimal .500 / .925 Scrap Coins

How to Sell

  1. Send details: metal type, purity, weight, and whether it’s bullion or scrap.
  2. We confirm a quote based on live spot and the rates above.
  3. Verification: items must pass authenticity checks.
  4. Settlement: paid once verified and accepted – within 24 hours of verification.

Important Notes

  • Spot moves: quotes are time-limited and may be updated if the market moves before confirmation/receipt.
  • Condition matters: heavily damaged bullion may be treated as scrap.
  • Final rate confirmed after verification.
Request a Buyback Quote
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