Competitive Valuation! Sell Your 22 Karat Gold (22K) at ALLU Today!
With a purity close to pure gold (91.7%), 22 karat (22K) gold is used globally to make jewellery and gold coins. Gold jewellery from Chrome Hearts, South Africa's gold Krugerrand coin, and the gold US Eagle coin are also popular 22K gold items on the pre-owned market. ALLU offers the most competitive and unmatched prices for a wide range of 22K gold items.
Sell Your 22 Karat Gold at ALLU
22 karat gold bears a symbol to mark its grade, usually represented at “K22” or “917.” The amount of pure gold contained in any gold alloy is expressed as a fraction of 24, which means that 22 Karat gold can be written as the fraction 22/24. As a percentage, 22K gold would contain approximately 91.7% pure gold, meaning that 22K gold is quite close to pure gold itself. In fact, many countries advertise their 22K gold as pure gold. It is widely traded in the United Arab Emirates, Saudi Arabia, India, Pakistan, Thailand, China and Hong Kong.
India, which has long been the world’s largest consumer of gold, makes the majority of its jewellery from 22K gold, known to shine with an attractive honey-colour shade and resembles the classic image of gold found in hidden treasure troves. If you own any gold purchased while abroad in the Middle East or Asia and marketed as pure gold, there is a good chance it is 22 Karat gold.
Chrome Hearts necklaces and pendants are very popular pieces of jewellery that use 22K gold. Due to the market demand for gold rising sharply in recent years, Chrome Hearts items can be resold for impressively high rates. Unfortunately, this also means many imitation Chrome Hearts items are now in circulation, so it is best to exercise caution when purchasing pre-owned items touted as the Chrome Hearts brand.
Many coins made with 22K gold are also in high demand, including South African Krugerrand gold coins, which saw a boom in popularity in the 1980s, as well as sovereign gold coins issued in the United Kingdom since 1817 and Eagle gold coins issued in the United States since 1986. These are all referred to as “bullion coins,” and their weight can be easily quantified and equated to gold bars. The price of these bullion coins is determined by the amount of gold they contain as well as current market rates rather than artistic or antique value. However, some coins come with a premium—a value beyond simply the amount of gold a coin contains.
At ALLU, our reliable and highly trained staff members take great care to appraise gold items and identify their exact value so customers can sell them at optimum rates. If you want to sell gold items, including 22K gold, please take advantage of our services at ALLU.
22-Karat Gold (K22 – Pure Gold) Market Price
*Updated:
Daily Market Price *Per Gram
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22-Karat Gold (K22) Market Price Chart
K22 (Per Gram)
Gold Market Price Simulation
Grade
Weight
Market Selling Price
- - Precautions Regarding Selling Gold and Precious Metals -
- *If the item's grade is unknown, we may ask you to leave the product with us temporarily to allow us to examine it accurately.
- *Due to the influence of the gold and platinum market, prices may fluctuate even within the same day.
- *Once sold, items will not be returned.
How to Sell
How to Sell Luxury Goods at ALLU
About Icons
The manufacturing and distribution process for brand products emits large amounts of carbon dioxide (CO2) and consumes large amounts of water. The images below represent the amounts of carbon dioxide and water consumption that can be reduced by reusing a product.
Carbon Dioxide (CO2) Reduction
CO2 reduction expressed by the amount of CO2 absorbed by a cedar tree annually.
Water Consumption Reduction
Water consumption reduction expressed by the volume of the 200-litre bathtub.
(Typical household bathtub size)
Our Calculation Method
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The 'Resale Impact' is not a display of an actual environmental reduction but rather a quantification of the environmental impact (CO2 emissions and water consumption) generated by the manufacturing and distribution process that can be theoretically omitted when a customer purchases a product we resell instead of a buying a brand new item of the same type. Since our calculation is predicated on the emissions in the omitted manufacturing and distribution process, actual reductions in environmental impact may differ from our projected estimate.
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Since our company does not manufacture goods, our calculations cover any resold goods (watches, bags, jewellery (including bullion), apparel, and accessories).
Our company does not check and verify the actual numerical value of each item's environmental impact (CO2 emission and water consumption) for our Resale Impact. Instead, we base our calculations on data from the LCA database "Gabi*" and estimate the total environmental impact of an item's entire life cycle, from the procurement of its materials to its disposal and/or recycling. Our calculations were overseen by a third-party consulting firm. -
Discrepancies in LCA results may occur due to differences in calculation assumptions or deficiencies in the manufacturing process.
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Due to revisions in calculations, the latest calculated values of products may differ from those shown on product tags, etc.
**GaBi is a software provided by Sphera Solutions GmbH that evaluates the sustainability of products' lifecycles.
Selling 22-Karat Gold (22k) at ALLU: Google Reviews
O***
My gold necklace was quite damaged, but I got a surprisingly high price for it, so I’m really delighted!! ALLU offered me an incredible amount compared to all the other stores I visited, so I’ll definitely go back in the future!! Their customer service was also excellent, and they really listened to what I had to say. Thank you so much.
o*****
I heard that the price of gold is high right now, so I decided to try ALLU! The lady there explained everything clearly and kindly. I’ll definitely come back in the future if I have something to sell. Thank you very much!
Ku****
The staff were extremely polite and professional, and I’d love to come again. Thank you so much.
I’ll definitely use your services in the future.
Competitive Prices for Gold and Precious Metals
Gold Prices Unmatched by Competitors
How ALLU Offers the Most Competitive Prices!
01
We assess gold based on a variety of factors, not just weight!
Gold is commonly calculated by Purity x Weight (grams). However, at ALLU, we consider not only the price of the gold itself but also its 'value as a product', such as the attached gemstones, design, brand, and other factors that are usually not subject to appraisal at our competitors. In addition to popular 18-karat accessories, we also purchase items such as ornaments, antiques, and pure gold with design value at even higher prices.
- 18-Karat Gold
- HK$9,680.00
- Diamond
- HK$2,200.00
- Ruby
- HK$2,112.00
- Design
- HK$660.00
- Additional Factor
- HK$440.00
- Total
- HK$15,092.00
The gold base shines with classy diamonds and rubies, making this a perfect item in terms of both design and quality. Items such as this that are highly valued in all of these aspects will receive a higher appraisal value.
We make sure to consider the value of gemstones!
Diamond Ring
Gemstone HK$24,200.00
Sapphire Diamond Ring
Gemstone HK$12,320.00
Ruby Diamond Necklace
Gemstone HK$6,160.00
02
Appraisals by our knowledgeable and experienced Value Designers!
In order to determine the 'value as a product' of an item, specialized knowledge and extensive experience is required. At ALLU, our Value Designers consist of internationally certified jewellery appraisers and other specialists in all relevant fields. Our experts allow us to purchase all types of gold and precious metals at the most competitive prices.
Our jewellery experts include GG-certified staff.
We Purchase Gold and Precious Metals in Various Forms and Conditions!
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Bent or broken gold items. -
Unmarked gold items. -
Small amounts of gold, such as unpaired earrings. -
Large amounts and quantities of gold. -
Gold fittings such as 14-karat gold belts. -
Gold teeth and dentures. -
Gold for industrial purposes. -
We consider the artistic value in appraisals. -
We also consider antique value too.
Even if you are unsure if the item is gold, let us assess it at ALLU!
What We Buy at ALLU
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Gold and Precious Metals
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Watches
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Brand Bags
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Brand Wallets
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Jewellery
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Accessories
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Antiques
■ Items You Can Sell
Bags, pouches, tote bags, business bags, boston bags, clutches, travel bags, shoulder bags, wallets, card cases, passport holders, key cases, wristwatches, mules, sandals, oxfords, pumps, boots, pair rings, rings, necklaces, pendants, piercings, earrings, brooches, bracelets, gloves, belts, pens, wrist bands, anklets, accessories, eyewear, hats and caps, handkerchiefs, neckties, stoles, scarves, bangles, etc.
ALLU Offers Much More than High Selling Prices!
Reliable, credible, and trustworthy appraisals
Our staff undergo thorough training under the tutelage of specialists in various fields, such as watches and jewellery, that allow us to provide the most accurate, detailed, and credible appraisals. We conduct periodic in-house tests to ensure our employees maintain their expertise and develop new skills. As professionals, we constantly strive to improve our skills to provide the most competitive appraisals.
Focus on providing high-quality customer service
We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.
We purchase a wide variety of items and brands
We cater for an extensive range of items and brands and actively consider items in all conditions, even items our competitors may refuse to buy.
No selling quantity or price limits
For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.
Quick and easy appraisals
Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.
Stress-free and private spaces
We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.
Conveniently located stores
ALLU stores are located in central areas for convenient access. Feel free to stop by while shopping or on the way home.
Customer Testimonials: Selling 22 Karat Gold (22K) at ALLU
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I'll definitely request another appraisal in the coming days.
I felt they handled the assessment more sincerely and professionally than other stores I'd visited, so I chose ALLU. I was aware that gold had seen a sharp increase in market price recently, but there were many other things I learned at ALLU that I was not aware of, which was really helpful. In addition, the selling price they offered me exceeded my expectations. My wife has some jewellery and brand products I'm considering selling, so I'll definitely request another appraisal in the coming days. Thank you for the excellent service.
Thank you for selling your 22 Karat Gold at ALLU.
Thank you for visiting our store today, even in the midst of unfavourable weather conditions We're very grateful that you chose our services to sell such valuable items today. Gold is a very soft metal, and when used for making jewellery pieces such as necklaces and rings, it is often mixed with copper, silver or other metals to create an alloy such as 18 or 16 Karat gold, which offers additional strength and resistance to scratches and dents. However, among the items you brought us were some made of 22 Karat gold, which boasts an incredibly high purity rate and demands high prices due to its rarity. Considering the current high demand and the excellent condition of the items you brought in, we were happy that we could offer a competitive price for them. We buy a wide variety of items, not just jewellery, so if you want to sell any other items, we hope you consider taking advantage of our services again. We look forward to your future visit.
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I'll definitely use their services in the future.
Thank you for the delightful service the other day. In the past, I visited a different store in an attempt to sell my 22 Karat gold pieces. However, appraisals take a very long time, and on top of that, the price was reduced time and time again. That experience left me a bit wary, but nevertheless, I reached out to ALLU via email for a consultation. Not only did they ask about scratches, dents, or cloudiness, but they took into account every aspect of the piece being appraised and even asked where it had been sourced. It was a comprehensive appraisal, after which I knew I had made the right decision by bringing my jewellery to ALLU. I'll definitely use their services in the future.
Thank you for selling your 22 Karat Gold at ALLU.
Thank you for visiting our store the other day. Thanks to the detailed information we received before the appraisal, we were able to proceed with the process smoothly and quickly. As you are aware, the purity of gold is represented on a division of 24, with designations such as 18K and 24K being commonplace even in Japan. Although the unit of measurement used for this scale is known as the karat, it is different from the unit 'carat' used to measure the quality of diamonds and gemstones. The pieces that you brought to us were designated as 22 Karat gold, which contains approximately 92 percent pure gold. The percentage of other metals, such as silver and copper, are quite low in 22 Karat gold, which gives it its characteristic soft and mellow texture. The market price of gold has seen a sharp increase recently, leading to an increase in the selling rates we offer here at ALLU, and we welcome pieces that are scratched or dented. Thank you for your visit, and we look forward to seeing you again.
Shop Information
ALLU HK Causeway Bay Shop
Room A2, 16/F ,Emperor Watch And Jewellery Centre, 8 Russell St, Causeway Bay
Central Shop
18/F, Stanley 11, 11 Stanley St, Central, Hong Kong Island, Hong Kong
ALLU HK Jordan Shop
Room 503-4, 5/F, Hanford Commercial Centre, 221B-E Nathan Road, Kowloon
ALLU HK Kwun Tong Shop
Room 1802, 18/F, One Pacific Centre, 414 Kwun Tong Rd, Kwun Tong
You Need to Show Valid Identification to Sell at ALLU!
- Hong Kong Identity Card
- Passport
- Only one of the above forms of identification is required.
- We can not buy items from customers under the age of 18 years old.
- We do not accept identification documents that are expired or out-of-date.
- Corporate customers follow the same selling process as individual customers. No additional documentation is required.
Sell Your Gold, Platinum, and Silver at ALLU
Gold by Grade
Gold by Colour/Type
Gold by Accessories
Other Gold Items
Platinum by Grade
Other Platinum Items
Jewellery
｢Gold and Precious Metal Market Prices
We also purchase other gold, platinum, and silver items than those listed above. We welcome all items, even from 1 gram!
ALLU Frequently Asked Questions
How do you decide the selling price of gold, platinum and other precious metal accessories?
We measure the items you bring to us and derive the appraisal value based on the market price x weight. However, in some cases, if the item possesses an exceptional design as jewellery, we may consider the additional value.
My gold/precious metal does not have any engravings. Can I still get it appraised and sell it?
Can I sell broken items such as broken necklaces, rings with missing stones, or earrings with one pair missing?
How long does it take for an appraisal at the store?
Do scratches and stains affect the selling price?
In the case of ingots, depending on their condition, they may be treated as scrap, which may significantly affect the selling price. For other precious metal products, we will have to actually observe the item in question before making a decision.
Can I sell old coins and foreign gold coins?
Some commemorative and foreign gold coins have a premium value, as they are hard to obtain due to their small circulation. If you bring such gold coins to us, they may be worth more than ordinary precious metals.
When is the best time to sell gold and precious metals?
However, the market price of gold and precious metals fluctuates daily, so it is very important to notice the timing when the market price is high.
Is the selling price different for ingots and gold jewellery?
Ingots have their own values and prices: we can make an offer at the ingot price if the brand is recognised in our regulations. On the other hand, even if it is 24-karat gold, gold jewellery is treated as scrap, so that the price will be slightly lower.
Is there a difference in selling price between ingots with and without engraving?