Cash for Gold Baltimore | Gold Lagoon
Cash for Gold in Baltimore:
Sell Your Gold, Get Paid Today
Gold Lagoon has been buying gold in Baltimore for over 30 years. Bring your gold, jewelry, or coins, watch us test and weigh it, and get a written quote with the exact math. Most visits take 15–30 minutes. No appointment needed.
Gold, Silver, Diamonds & More: What We Buy
Single pieces, full collections, and estate sales all welcome.
Not sure if we buy it? Text us a photo at 443-991-0727 and find out in minutes.
Sell Gold Jewelry (10K, 14K, 18K & 24K)
We buy gold jewelry in every karat: rings, chains, bracelets, earrings, and more. Check the stamp inside the band or on the clasp. Your payout is based on the weight and purity of the gold, not the style.
Sell Gold Coins & Bullion
Coins and bars are priced from the spot price, weight, and purity. A 100-gram ".999" bar is 100g × 99.9% pure gold. We show you the math before you decide.
Sell Scrap & Broken Gold
Broken, bent, or mismatched pieces are worth the same as pristine ones. The metal is the metal, and we weigh and test it in front of you.
Sell Estate & Antique Jewelry
Single pieces, full collections, and estate sales are all welcome. Designer pieces may be worth more than their melt value, so we look at every item before we quote.
Sell Diamonds, Watches, Silver & Platinum
We also buy loose and set diamonds, luxury and vintage watches, silver jewelry and flatware, and platinum.
How Selling Gold at Gold Lagoon Works
Walk in any time Mon–Sat 10AM–5PM. No appointment needed.
- Bring your gold and an ID. That's all you need.
- We sort and examine everything while you watch.
- We test in front of you — acid test or X-ray. You see the method and the result.
- We weigh on a calibrated scale. Grams throughout. You see every number.
- We calculate and explain. Weight, purity, today's spot price, our percentage, your total. We show our work.
- You get a written quote with no expiration and no pressure to decide on the spot.
- If you sell, we pay same day — cash, check, Zelle, or wire.
- You get a detailed receipt for your records and taxes.
The whole process takes 15–30 minutes.
How We Calculate Your Gold Payout
Your offer is based on three things: the weight of your gold, its purity, and today's gold spot price. We pay a percentage of the melt value, and we tell you exactly what that percentage is.
Check the karat stamp
Look for a hallmark inside rings, on necklace clasps, or on earring posts:
- 10K = 41.7% pure gold
- 14K = 58.3% pure gold
- 18K = 75% pure gold
- 24K = 99.9% pure gold
Broken, bent, or mismatched jewelry is worth the same as pristine pieces. The metal is the metal. Gold-plated items have minimal value, and gold-filled pieces are worth only a small fraction of solid gold.
Example: 14 grams of 14K gold, with an illustrative spot price of $80/gram
Pure gold: 14g × 58.3% = 8.16g Melt value: 8.16g × $80 = $653
At 80% (Gold Lagoon): $522 At 65% (pawn shop): $424 At 55% (gold party): $359
Same gold. $163 difference. That's why the percentage matters.
Where to Get Cash for Gold in Baltimore
| Pawn Shops | Jewelry Chains | Gold Lagoon | Online / Mail-in | |
|---|---|---|---|---|
| Payout | 60–75% | 65–80% | 75–85% | 70–85% |
| Speed | Same day | Same day | 15–30 min | 5–7 days |
| Testing in front of you | Sometimes | Not always | Always | No |
| Written quote | Rarely | Sometimes | Always | Yes |
| Pressure to decide | Medium | Low | None | None |
| Hidden fees | Possible | Possible | None | Possible |
| Walk-ins welcome | Yes | Sometimes | Yes | No |
| Best for | Cash today | Quick & easy | Best value + no surprises | Convenience |
We take 15–30 minutes because we do it right. You're watching, we're explaining. That's not slow — that's thorough.
How to Choose a Trusted Gold Buyer in Baltimore
Sell at a fixed shop with an established reputation, not in a parking lot or at a hotel event. Before you sell anywhere, ask:
- "How do you test for purity?" — acid test or X-ray, in front of you
- "What percentage of spot are you offering?" — should be a clear number
- "Can I watch the scale and testing?" — should be yes
- "Will you put the offer in writing?" — should be yes
- "Are there any fees?" — should be no
If you don't get straight answers, leave. At Gold Lagoon, testing is done in front of you, the quote is in writing, and there are no hidden fees or pressure tactics.
Frequently Asked Questions About Selling Gold
Do you pay cash for gold?
Yes. If you sell, we pay same day by cash, check, Zelle, or wire.
Where is Gold Lagoon?
Inside Reisterstown Road Plaza, 6786 Reisterstown Rd, Baltimore MD 21215.
What are your hours?
Monday through Saturday, 10AM–5PM. Closed Sunday.
Do I need an appointment?
No. Walk-ins are always welcome.
What should I bring?
Your gold and an ID. That's all you need.
Do you buy broken or scrap gold?
Yes. Broken chains, single earrings, and mismatched pieces are all valued by weight and purity.
How long does it take?
Usually 15–30 minutes, because you watch the testing and weighing and we walk you through the math.
Can I get a quote before I sell?
Yes. You get a written quote with no expiration and no pressure. You can also text a photo to 443-991-0727 for a quick idea of whether we buy it.
Visit Gold Lagoon at Reisterstown Road Plaza
We're inside Reisterstown Road Plaza at 6786 Reisterstown Rd, Baltimore MD 21215. Open Mon–Sat 10AM–5PM, closed Sunday.