Pikey gold is a term used to describe any old rusting metal that has been discarded by its previous owner as it is deemed no longer able to perform its original task. Items include but not exclusively shopping trolleys with tree wheels ,a bath with a hole in it and other things people might throw away.
The Pikey's main goal in life seems to be the acquisition of anything metal and they are not fussy about who it belongs too, incidents where lead has been stolen from church roofs and electric cables taken from railway crossings (causing major disruption to networks) are common.

It's like the wild west in England with toothless Pikey's slapping their knees and performing little jigs around skips when they find a bit of scrap .
"Hey Boi bring da van roun here so we can get dis wheel chair quick whilst da man is swimming"
and

"There's pikey gold in them there hills"
by Thunderlawyer January 8, 2017
Get the PIKEY GOLD mug.
Old scrap metal collected or stolen by travellers or gypsies such as car parts, washing machines, sinks or pieces of active railroad track.
"Paddy, go and get that old washing machine there into our transit pick up,....its pure pikey's gold....its got to be worth at least £4.00
by regency roofer August 25, 2011
Get the Pikey's gold mug.