After the passing of a parent, grandparent or other family member, it often happens that gold jewelry, gold coins or gold bars are left behind. Many people don't know exactly what these items are worth or how best to proceed with a potential sale.
Do you need to declare inherited gold?
Yes, inherited gold is part of the estate and must be included in the estate declaration. The value of the gold at the time of death is taken into account for calculating inheritance tax. Not declaring or undervaluing can lead to penalties of up to 80% of the evaded amount.
What documents do you need?
To sell inherited gold, you must be able to prove its origin:
- Valid identity document
- Proof of address
- Certificate of inheritance or notarial deed of succession
- Possibly the original purchase receipt
How is the value determined?
The value of inherited gold is determined based on weight and karat, compared to the current gold price. Even damaged jewelry, loose links or broken chains have value.
Inheritance tax vs. capital gains tax
Inheritance tax is paid on the value at the time of death. The capital gains tax (10%, from 2026) only applies to investment gold sold at a profit. Jewelry is exempt.
Practical tips
- Have everything appraised together — even small pieces
- Choose a recognized gold buyer
- Ask for a transparent explanation
- Keep the sales receipt
- Compare the price per gram on our price page
At La Mine De Diamant in Knokke-Heist and Bruges, we offer a free, non-binding appraisal of your inherited gold. Contact us — available 24/7.
