Upstate Gold Exchange

The Precious Metals Professionals

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Sell your gold and silver jewelry.

What Can I Sell?

Gold is gold no matter what the format: jewelry, watches, nuggets, coins and even grandpa’s dental fillings. These items retain their value because of their precious metal content. Ditto with silver, platinum, palladium and rhodium.

UGX buys all precious metal jewelry, scrap, coins, rounds, ingots and bullion in any denomination. Our currency experts can determine whether your items have collectable value even beyond their precious metal content and we are happy to purchase these items also.

What if it's Broken?

Broken or outdated jewelry may not sell at Tiffany’s but it still keeps its value in precious metal. Remember, selling your gold, platinum or silver is all about – and only about – the purity (in karats) and the weight (in grams) of your items. And because gold is quite valuable these days, even the smallest piece is significant.

Pure gold bars.

How Do I Know if it's Real?

Gold is identified by its karat rating. In the world of diamonds or emeralds a carat is the measure of the weight of the gemstone. In the realm of precious metal, karat is the measurement of purity. Real gold jewelry is usually stamped somewhere with the karat rating (10K, 14K, etc.).

Since gold is inherently yellow and soft as well as extremely valuable, goldsmiths often mix gold with other metals to achieve a desired strength, color and worth. Rose gold is achieved by mixing with copper, white gold by mixing with nickel and so forth. Regardless of the mixture, the karat rating determines the amount of pure gold that is present.

Silver is identified by its percentage rating. Real silver jewelry is usually stamped somewhere as ‘925’ (equals sterling which equals 92.5% pure).

Because precious metal items are not always stamped correctly and since magnet tests are not always reliable, we recommend bringing your items to UGX for professional evaluation and appraisal.

Sell your unwanted gold, silver or platinum for cash!

What is the Buy/Sell Process?

The basic process involves appraising your precious metal based on purity and weight; an offer is then made based on the current spot price. At Upstate Gold Exchange our appraisers will:

  1. Test your items with a magnet to detect simulated jewelry
  2. Identify and separate your items into purity categories (10K, 14K, …)
  3. Weigh each category and calculate an offer
  4. Chemically test your items to determine authenticity
  5. Copy your driver’s license and get your signature (SC Statute 40-54-40)
  6. Pay you fairly and fully in cash!

Our Stores

A picture of our store.


339-C Harrison Bridge Rd.
Simpsonville, SC, 29680

Mon - Sat
10 AM - 6 PM

2700 Woodruff Rd
Simpsonville, SC, 29681

Mon - Sat
10 AM - 6 PM


21 Orchard Park Drive
Greenville, SC 29615

Mon - Sat
10 AM - 6 PM


14031 E. Wade Hampton Blvd.
Greer, SC 29651

Mon - Sat
10 AM - 6 PM


125-B Rolling Hill Circle
Easley, SC 29640

Mon - Fri
10 AM - 7 PM

9 AM - 7 PM


3445 Highway 153
Piedmont, SC 29673

Mon - Sat
10 AM - 6 PM

Email us at:

A Family Business You Can Trust

Our friendly staff.

Upstate Gold Exchange opened its doors in Simpsonville, South Carolina in May of 2010 when two locally established families banded together to provide professional precious metal services. But don’t let our newness fool you. We have plenty of precious metal savvy and experience.

Tony, the patriarch and anchor of the business has been buying and selling precious metal in South Carolina for decades. “I enjoy helping people understand how gold and silver works and I love to see folks walk out with a smile because I’ve given them a good deal”, said Tony in an interview.

Jason, Tony’s son, has been assisting him along the way. When asked about the new venture Jason responded, “The ‘We Buy Gold’ business has been wrongly associated with pawn shops, title loans and cash-n-go storefronts which are often viewed as sketchy. I want our gold business to be upscale and professional. I like a friendly, safe and pleasant environment and that is what I want to provide for our customers.”

Steve, who focuses on the business side, is a bit of a propeller head. He said a few things about gold chemistry and covalent bonding which no one understood. He spends most of his time making sure processes run smoothly and that all transactions are compliant with South Carolina laws.

Holly, Steve’s daughter (who is about to have her first baby), got right to the point, “I love the gold business – buying it, selling it and, especially, wearing it!” Well, that apple didn’t fall too far from its mama’s tree.

Other members of the families pitch in from time to time.

© Upstate Gold Exchange