Realise the Value in Funds
After refining and final assessment, receive the agreed net settlement value using the payment method confirmed with you.
Precious Metal Refining
Scrap & Refining
A discreet, considered way to realise or reposition the value held in unwanted precious metals.
KNIGHTS provides a personal refining service for gold, silver, platinum and palladium. Whether you hold inherited jewellery, damaged pieces or a substantial mixed collection, we will explain the available options clearly before you decide how to proceed.
Following assessment and refining, you may choose to receive the net settlement value in funds or discuss applying your credit towards investment-grade bullion.
OUTCOMES
Choose What Happens Next
Refining is not only about the liquidation of unwanted metals. It can provide a clear route from jewellery and mixed precious-metal items into a form of value that better suits your plans.
Reposition into Bullion
Discuss applying the agreed net settlement value towards recognisable investment-grade gold or silver bullion.
ACCEPTED METALS AND ITEMS
Precious Metals We Can Assess
We consider items containing gold, silver, platinum and palladium, every enquiry is assessed individually. Purity, alloys, stones, non-metal components and the volume of material directly contributes toward the assay result.
Metals
Gold
Silver
Platinum
Palladium
Typical Items
Unwanted or inherited jewellery
Broken or damaged precious-metal items
Mixed collections and accumulated holdings
Unrecognised metal pieces
Larger private collections
Trade material, subject to confirmation
ASK FOR AN INITIAL ASSESSMENT
Should I Sell My Bullion or Use the Refining Service?
Sell Bullion
Recognisable investment coins and bars that can be inspected and valued as finished bullion products.
Scrap and Refining
Jewellery, damaged pieces, mixed precious metals, unrecognised items and larger collections where recovered metal content must be assessed.
PROCESS
How the Refining Service Works
Begin with a Conversation
Tell us what you hold, the approximate quantity and what you would like to achieve.
Assessment and Agreed Route
We inspect the material and explain whether direct purchase or an assay-led refining route is more appropriate.
Review the Refining Result
Once refining and analysis are complete, we clearly confirm the recovered metal weights, purity, applicable charges and final net value.
Choose How You Receive Your Value
Receive the agreed funds by bank transfer or apply the value towards investment-grade bullion, available for collection from KNIGHTS or for insured delivery nationwide.
REASSURANCE
Why Refine with KNIGHTS?
A discreet service designed for private clients as well as appropriate trade enquiries. Assessment across gold, silver, platinum and palladium. Clear explanation of the process, charges and settlement basis. A choice between realising value in funds and discussing investment-grade bullion Knowledgeable personal service without pressure A secure, appointment-led environment for significant holdings
What is the difference between selling scrap and using a refining service?
A direct scrap purchase may be suitable for straightforward items that can be tested and valued immediately. Refining is more appropriate for certain mixed, substantial or complex holdings where the recoverable precious-metal content needs to be professionally processed and finally assessed.
Which precious metals do you consider?
We consider gold, silver, platinum and palladium. The most suitable process depends on the type, quantity, purity and composition of the material.
Can I bring inherited or fine jewellery?
Yes. We regularly speak with clients who have inherited jewellery, unworn pieces or collections they no longer wish to keep. We will discuss whether sale, refining or another specialist route is most appropriate.
What happens to gemstones and non-metal components?
Settings, stones and other components can affect the refining route. Please tell us if any stones may need to be retained. We will explain what can be accommodated before any work is authorised.
How is the final value calculated?
The final value is based on the recoverable precious-metal content, the relevant market price and the refining assay charges. The basis of settlement will be explained before completion.
Can I use the value towards gold or silver bullion?
Yes, you may choose to discuss applying the agreed net settlement value towards investment-grade bullion. The bullion purchase is quoted separately and is subject to product availability and the usual purchase terms.
Will my jewellery be made into the coins or bars I receive?
No. The refining settlement and any subsequent bullion purchase are separate stages. The value recovered from your metals will be applied towards separately sourced investment-grade products.
Are investment-grade bullion products exempt from Capital Gains Tax?
Tax treatment depends on the specific product and your individual circumstances. Certain UK legal-tender coins, including qualifying Sovereigns and Britannias, are exempt from UK Capital Gains Tax. Other bullion products may not be. KNIGHTS does not provide tax advice, so independent professional advice should be sought where appropriate.
How long does refining take?
Timescales depend on the material, quantity and refining route. We will provide an expected timeframe before the material is accepted for processing.
Are there refining charges?
Yes, refining, assay and related service charges apply. The applicable basis and any minimum requirements will be explained before you commit to the service.
Do I need an appointment?
Yes, appointments are recommended so that we can provide the appropriate time, privacy and security, particularly for substantial or complex holdings.
Will I need identification?
Identification and supporting information may be required to meet legal, security and compliance obligations. We will explain what is needed before the transaction proceeds.