For over a decade, Bucknor & Grandels Ltd has served individuals and businesses across Lagos, buying and selling gold at fair market value, advancing short-term facilities against gold collateral, and keeping our clients' assets secure and well cared for.
Bucknor & Grandels Ltd is a Nigerian financial services and gold trading company headquartered in Lagos State. We operate at the intersection of three complementary business lines: collateral lending, retail gold trading, and craftsmanship. Together they allow us to serve clients across the entire gold value chain.
That structure is what sets us apart. Whether you are releasing value from a piece, acquiring one, restoring an old favourite or simply keeping it safe, it can all be handled under one roof, by people who have done it for more than ten years.
Every valuation, loan and transaction is handled privately. Your business is yours alone.
Items are weighed and tested in front of you, and quoted against the market on the day.
Gold pledged against a facility stays in our vault for the term. Redeem it, and it comes back to you.
Resizing, tightening, resetting and cleaning are carried out by our own bench, not sent away.
Most clients arrive for one thing and discover we handle the rest. Each service stands on its own, and together they cover the full life of a gold asset.
Release short-term liquidity from gold you already own, without selling it. Pledge the item, receive your facility, redeem when you repay.
We purchase gold from individuals and businesses across Lagos, whether you are realising value from one piece or clearing several.
We sell gold to retail customers, to the jewellery trade and to institutional buyers. Tell us what you are looking for and we will source it.
Our in-house goldsmiths restore and maintain fine pieces, from a loose setting to a full resize on a much-worn ring.
Secure storage for gold jewellery you would rather not keep at home, whether or not you have borrowed against it.
A quick check before you make the trip. If your item isn't listed, send us a photo and we'll tell you honestly either way.
Any karat considered. Purity is confirmed by testing at the counter, never assumed from a stamp.
Diamonds are accepted where they are set into a gold piece. We do not buy loose or unset stones. Valid photo identification and proof of ownership are required for every transaction, without exception.
The same four steps apply whether you are selling, buying, borrowing or booking a repair.
Request an appointment online or by phone, and send us photos and an estimated weight. All visits are by appointment.
Your item is weighed and purity-tested at the counter, in front of you. Nothing leaves your sight.
We quote against prevailing market rates on the day, and explain in full how the figure was reached.
Accept and be paid, or pledge the item, take your facility and collect it again on repayment.
You are never obliged to proceed. Assessment is free of charge when you go ahead with a transaction; where you decide not to, a small assessment fee applies. We quote that fee before we begin, never after.
Travelling in from outside Lagos? Send photos and an estimated weight before you set out and we can give you an indication in advance, so you know the journey is worth making. Otherwise, choose an in-office appointment at Lekki Phase 1, a call, or a reply by email.
Every item is weighed and its purity tested at the counter while you watch. The figure we quote reflects the actual gold content of the piece measured against prevailing market rates on the day of your visit. We walk you through how the number was reached before you decide anything.
No, you are never obliged to sell. Assessment is free of charge when a transaction goes ahead. Where you decide not to proceed, a small assessment fee applies; we tell you what it is before we begin, so there is no surprise at the counter.
You pledge a gold item as collateral and receive a short-term facility against it. The item is held securely in our vault for the term. When you repay the principal along with the agreed interest, your collateral is returned to you. Full terms, including amount, duration and interest, are set out in writing and explained to you before anything is signed.
Speak to us early. We would much rather find a workable arrangement than see a client lose a piece that matters to them. If a facility ultimately goes unredeemed, the terms you signed set out how the collateral is handled.
Yes, when they are set into a gold piece. A diamond-set ring or pendant is welcome, and we assess the item at the counter. We do not buy loose or unset stones.
Your item, a valid government-issued photo ID, and anything that supports ownership, such as a receipt, certificate or original box where you have one. If you are raising a short-term loan against gold, you will also need post-dated cheques.
Yes. Our in-house goldsmiths handle resizing, stone tightening, resetting, cleaning and general repairs on gold jewellery regardless of where it was bought.
Yes. We see clients strictly by appointment, so that the right person is free when you arrive and your item is dealt with properly. Please book before coming to the office.