Selling jewelry is easy to do and can make you a lot of money with the current high price for gold. Since the Roman Empire, gold has always been a wonderful investment. The Roman Emperor made gold in to coins, and even tried to devalue them by adding less worthy metals in to the coins. Today, there are still gold coins, but gold takes form in other shapes and sizes like gold bars, gold wafers, gold necklaces, gold earring, gold bracelets and even gold teeth. No matter how small it may seem, it still is gold, and its value still remains. Like other products, the price of gold is dictated by men’s supply and demand. Although, yes, there are a lot of countries that mine and export gold, it has been a reusable and powerful metal, which can be easily surged. Thus, more dealers buy and sell gold.
Jewellery is one top gold investment that you could easily put on the market. However before you go to sell your precious metal items, there are some things that you must first be aware of. Get the actual value of your jewellery. To this you must first find a reputable and trusted jeweler to have your gold appraised. This would cost you money. If you do not have enough funds for this, you may try some online tools. You need to know who made or from where your jewellery is. Some items of gold have been made by designers or are from a certain place, thus increasing their retail value. Once you have located a jeweler or searched online, identify the value of your gold, and know how much it is being sold in the market.
Another thing to find out is before selling gold is how much your jewellery does weigh. A kitchen scale may be of help in weighing your valuable trinket. Also, learn how much the gold or karat content in your jewellery is. The karat content would play a big part in determining the value of your charm. A 24 karat or pure gold is too soft that is why most often they mix it with other metals to make it more impermeable and solid. If you have 16 karat of gold would mean your jewellery is made up of 16 part gold and eight part of other metal.
If you have decided on a selling price then you need to find a reputable buyer who you can trust and sell your gold to. Most often gold buyers are registers at BBB Business review. This allows gold sellers basic information about the gold dealers. You can find a gold dealer from your nearby location, or you can search online. Some online refineries pay top dollar. These online refineries also offer free shipping services that covers insurance for your jewellery item. Be very careful to check reviews of gold buyers online to ensure you are dealing with a reputable company.
Keep in mind that you do not have to accept the first offer that you get, scout around before you sell your valuables. There might be higher offers from other gold dealers and gold refiners out there. Do remember that you are out to sell gold and get the best deal for our money. Good luck and happy selling!
protected. In fact if you can find a gold broker in your area so you can personally deliver the gold for purchase it’s a much safer process to protect your gold from being undervalued. However, finding a reputable gold buyer online can help you cut out the middleman and potentially make more money. If you do send your gold through the mail make sure you use insured mailing so you are better protected against loss.
of the item. Gold is a very soft and malleable metal which is why it has to be mixed with other types of harder metals in order to retain their form and shape. This is why those who have more metals mixed in them are harder and have lesser value than those who have a higher gold content or purity.
your gold. They may be middlemen who are just out there to make a lot of profit from people who do not have enough know-how about the buying or selling of gold. Avoid them as much as possible and do your best to refuse them even if you are desperate to sell your gold. You will be able to find a better deal if you can be patient enough to wait for the right offer.
forgotten. You may have exhausted all your other options and may be too ashamed to go to your parents or friends to borrow some money. When you have gotten to this point, try to think of things that may contain gold and start looking for dealers who will be willing to buy them at the current market value of gold. You may not know it but all that old stuff may give you a hundred dollars in return.