How to Sell Gold in Canada (CAD Melt Value & Fair Offers)

Canadian retail jewelry is often stamped 10K, 14K, or 18K—or fineness numbers like 417, 585, and 750. Before you accept a quote in Canadian dollars, estimate melt from live spot gold and the USD→CAD rate, then ask each buyer what percentage of melt they pay.

Step 1 — Find the karat stamp

Look inside rings, near clasps, or on the back of pendants. Common Canadian stamps are 10K/417, 14K/585, and 18K/750. Imported pieces may show 375 (9K)—verify before using a 14K benchmark. See our karat chart and hallmarks guide if the mark is unclear.

Step 2 — Weigh in grams

Use a 0.01 g jewelry scale. Weigh gold-only metal if you can safely remove stones or steel clasps. Separate mixed karats—do not blend 10K and 14K into one total before comparing quotes.

Step 3 — Estimate melt in CAD

Melt ≈ weight (g) × fineness per-gram rate × USD→CAD conversion. Our CAD melt pages and scrap gold calculator use the same live spot basis. This is your benchmark—not what a shop will pay.

Step 4 — Compare Canadian buyer types

• Pawn shops — often ~50–70% of melt for quick cash; see 14K pawn estimates.
• Local gold buyers / jewelers — ask for % of melt in writing.
• Mail-in / online buyers — may pay a higher % but allow time for assay and insured shipping.

Step 5 — Get multiple offers

Ask: "What percentage of melt are you paying today?" If an offer is far below your CAD melt estimate, walk away. For a full step-by-step checklist, see how to sell gold. Selling in the UK or Australia? See our UK guide and Australia guide.

More Canadian resources on MyGoldCalc

• 14K melt by weight & jewelry type
• 14K 10g in CAD · 18K 10g in CAD
• 14K gold ring value in CAD
• 14K 5 dwt in CAD