Short answer
GoldPaid operates a postal trade-account service for UK resellers who routinely encounter gold: eBay and Vinted sellers, car boot traders, charity shop managers, antique dealers, house clearance firms, probate clearance specialists. Higher per-gram rates are available on repeat consignments, batched valuations across multiple parcels, and dedicated WhatsApp contact for fast quotes. Free prepaid Royal Mail Special Delivery labels, bank transfer on acceptance.
Who the trade account is for, and how it differs from a one-off sale
The trade-account service is for UK resellers who acquire gold as part of a wider buying activity, not as a single inherited piece but as a recurring stream of jewellery passing through their hands. Typical accounts: an eBay reseller buying job lots of jewellery at auction; a Vinted seller liquidating drawer-finds; a charity shop manager whose donation stream regularly includes precious metal; an antique dealer extracting gold content from pieces that do not fit their main inventory; a house clearance firm with weekly parcels of mixed jewellery.
The single-parcel postal route works fine for occasional sales but is inefficient for resellers running 5-30 parcels per month. The trade account replaces it with a streamlined process: pre-issued labels in bulk, a dedicated WhatsApp number for quick photograph-quotes, batched valuations across multiple parcels, and a per-gram rate that reflects the repeat-business volume.
Trade-account rates and the volume calculation
Standard one-off scrap rates pay approximately 92% of fine-gold spot. Trade accounts move up the scale depending on monthly volume: 30-100 grams per month sits at one tier, 100-500 grams at the next, 500g+ at the highest tier. The rate uplift is shown openly on each written offer so you see exactly which tier applied.
Volume is measured on fine-gold content rather than gross weight, a kilogram of mostly costume jewellery does not count the same as 300 grams of confirmed 18ct, because what we pay against is the fine-gold figure that comes off the XRF and the scale.
For coin and bullion parcels (sovereigns, Krugerrands, bars), the spread is even tighter, 96%+ of spot on common-date bullion. Trade-account holders posting regular coin parcels work to a near-spot figure that is published openly per parcel.
Operational fit for eBay, Vinted, car boot and charity-shop sellers
The everyday reseller workflow looks like this. Job lot of mixed jewellery arrives at your home or storage. You separate the pieces that you will list on eBay/Vinted (signed pieces, intact branded jewellery, anything with retail saleability) from the pieces that are best sold by weight (broken chains, scrap, single earrings, fragments, anything without a clear retail path).
The scrap pile goes into a trade-account parcel; the retail pile goes onto your listings. You receive a written offer on the scrap parcel typically the same working day as it arrives, paid by bank transfer on acceptance. The retail pieces meanwhile work through your own listing process at their retail value. Two parallel routes, two parallel cash flows, no time wasted trying to list things that will not sell as retail items anyway.
For charity shops and house clearance firms, the model is similar but operates at one remove: the parcel is dispatched on behalf of the organisation, the bank transfer goes to the organisation's account, the audit trail is intact for charity-finance reporting purposes. We provide a written purchase receipt suitable for Gift Aid and trustee records on every transaction.
Setting up a trade account, what it takes
The setup process is short. Message us on WhatsApp 07375071158 with the name of your business (sole trader, eBay shop, charity, limited company, all fine), an estimate of monthly fine-gold volume, and one piece of business-confirmation (HMRC sole-trader confirmation, Companies House registration, charity number, whichever applies). We confirm the account, issue a permanent batch of pre-paid labels, and assign a dedicated WhatsApp contact for photograph-quotes inside business hours.
From that point each parcel posts under the trade account, lands at the workshop, is XRF-tested and weighed, the written offer is issued on the same working day, and the bank transfer settles on acceptance. Monthly statements are issued for accounting purposes. There is no membership fee, no minimum-volume penalty, no contract, the account simply opens better per-gram rates and a faster operational route on repeat parcels.
How selling works here
- Start on WhatsApp. A couple of clear photos of your resellers & trade accounts are enough for us to give you a quick indicative figure at no charge.
- Claim your free postage. We issue a prepaid, tracked, signed-for Royal Mail Special Delivery label, or a QR code for the Post Office.
- Post in your own time. Any padded envelope works, and there is no deadline to meet.
- Get a written valuation. Each item is weighed on calibrated scales and read by XRF spectrometry, and the itemised offer is sent to you in writing.
- Accept or walk away. Acceptance means payment by Faster Payments; declining means a free, fully tracked return.
Getting it here safely
Royal Mail Special Delivery cover may be available up to £2,500 depending on the postal method and cover level used. We post you a Royal Mail Special Delivery Guaranteed label: tracked end to end, signed for, and arranged with that cover per parcel. If your items are worth more, the rule is simple, message us before posting and we will sort the right approach. There is more on postage and insurance.
If the offer is not for you
Then nothing happens except a free return. We send your items back by tracked, insured post at our cost, with no fee for declining and no follow-up. A valuation is only worth having if you can turn it down freely, so you can. See what happens if I decline the offer.
How payment reaches you
Accept the offer and the money is sent by Faster Payments straight to the bank account you provide. There are no cheques, no delays of that kind, and no strings.
The proof, not the promise
Anyone can say "best price". GoldPaid does not. Instead the process is laid bare: a measured XRF assay, calibrated weighing, the live market rate, and a written breakdown you read at home before you commit to anything. The reassurance here is structural, built into how the service works, rather than asserted in a slogan.
Common questions
How much extra does the trade rate pay vs the one-off rate?
Typically 1-3 percentage points more of spot on scrap (so 93-95% rather than 92%), narrowing as volume rises. The exact figure is shown on each written offer.
Is there a minimum monthly volume?
No. The rate adjusts to the volume actually sent; small months pay the standard rate, larger months pay the higher tiers.
Can a charity shop use a trade account?
Yes. The bank transfer goes to the charity account and we issue a purchase receipt suitable for trustee reporting.
Do you provide volume statements for my accountant?
Yes. Monthly statements are issued in PDF showing each parcel, its weight, carat breakdown, offer figure and acceptance status.
Can I send mixed parcels (gold, silver, platinum) under one trade account?
Yes. Each metal is XRF-tested and valued separately, all under the single trade account, with one written offer covering the whole parcel.