Seven practical questions that make purity, rates, deductions and payment easier to understand. Ran Lanka recommends understanding every stage before agreeing to sell. The actual amount depends on tested purity, net gold weight and the applicable market reference at the time of valuation.
1. What is the tested purity?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
2. What is the exact net weight?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
3. Which live rate is used?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
4. Are there deductions?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
5. Can I see the calculation?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
6. How will payment be made?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
7. Am I free to decline?
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
A practical checklist before you sell
- Bring a valid identity document.
- Keep jewellery in your sight during inspection.
- Confirm purity and net weight.
- Ask which live reference rate is being used.
- Review the final payable amount before approval.
Market rates fluctuate and online figures are references, not guaranteed purchase offers. Visit a Ran Lanka branch for a professional assessment and a clear explanation of the result.