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Input Details

Formula
Gross = Weight × Rate × (Purity/24)
Final = Gross - (Gross × Deduction %)

Results

Enter details to see calculation

Jewelry Buyback Value: Transparent Resale Estimates

When customers return to sell or upgrade their jewelry, providing a fair and transparent buyback value is crucial for retention. The Jewell Master Buyback Value Calculator ensures your staff calculates resale values consistently according to your store's policies.

Calculating Buyback

The tool first determines the gross theoretical value of the gold based on current live rates and the item's purity. It then automatically subtracts your store's predefined deduction percentage (which accounts for melting loss and administrative costs), providing a final, fair cash-out or exchange value.