A fair offer is one you can check against the live market: start from the spot price, estimate your item's melt value, and compare at least two quotes before you decide anything. Pure shows live bids and asks for every product on its marketplace, so you can see where any offer sits before you accept it.
What is the spot price?
The spot price is the live global market price for one troy ounce of a metal, and it changes throughout the trading day. It is the same reference number everywhere, so it is the natural starting point for any quote. You can watch it for free on Pure's live charts, for example the gold chart at https://www.collectpure.com/charts/gold.
How do I estimate melt value?
Melt value is what the metal in your item is worth on its own: weight in troy ounces, multiplied by purity, multiplied by the spot price. For example, a coin containing exactly one troy ounce of gold has a melt value equal to the gold spot price at that moment. Most recognized coins and bars have well-documented weights and purities you can look up by name.
Why do offers come in below or above melt value?
Any buyer's offer reflects more than the metal. A dealer's number accounts for testing, inventory risk, overhead, and the spread they need to resell. Bullion items usually trade near melt value. Collectible coins can carry value beyond their metal, which a metal-only quote will not capture. This is why two honest offers for the same item can differ, and why a single number is hard to judge on its own.
Why get a second quote?
One quote tells you what one buyer will pay. A second number tells you where that quote sits. On Pure, every product has an Orderbook view showing live bids and asks from the marketplace's participants: individual buyers, collectors, wholesalers, and dealers competing on the same item. Find your item at https://www.collectpure.com/marketplace and open its order book before you decide anything. Looking is free and there is no obligation to sell. Whatever you decide, deciding with two numbers in hand beats deciding with one.
What about rare or collectible coins?
If you think a coin may be collectible, compare it against what similar coins actually trade for, not only its melt value. Certified coins with a grade from a major grading service are easier to compare because their details are documented, and certified rare coins trade on Pure's order book alongside bullion. If you are unsure what you have, describe it or photograph it before accepting any quote; every item sold on Pure is tested and verified in house before it changes hands, and Pure's concierge team can help you assess whether an unusual item fits the marketplace.