I have an old 14K herringbone necklace and I am curious what type of price is fair. I don’t want to get ripped off.
sell gold jewelry Archives
I have heard of alot of people going around and buying up old jewelry for prices that are less then current market value and taking it to a location that offers a little more for it. I live in the Bay Area and would like to find out where I can take my gold to sell without the middle man.
Any suggestions???
In Rochester NY, there is no jewelers that sell 18K gold. Is it the same in the rest of the united states. If so why is that?
It seems like those types of shops sell high karrat gold jewelry and it is hard to find it like that in shops in the malls. Also, they are not as high priced. Why?
I used to work for a jewelry shop and bought a ton of 14 & 10kt jewelry. Now I only wear silver, don’t ever wear my gold stuff anymore and need some money. Where would I get more money for my gold? Ebay, pawnshop, or a “We buy gold” place.
I read that I can get 75% more value if I sell it for retail as opposed to scrap. But, I can’t find anywhere that will buy it for retail or even close to retail.
How close do they pay for instance if you sell then an ounce of unwanted gold jewelry.
By Tyson Parker
Are you interested in selling gold for cash? Gold is a precious metal with inherent value and prices are at a record high right now making it a fantastic time to sell your gold. Whether you own designer jewelry or a drawer full of broken and bent jewelry, you can quickly convert your gold to cold hard cash in your pocket.
The 3 most important factors when selling gold for cash.
The price you will receive for your items depends on three factors. The weight, the karat or purity and the current value of the gold are the most important factors that will determine the amount of money you receive.
What is the measurement used when weighing gold?
Gold can be purchased in grams and troy ounces. The daily price of gold is in troy ounces; one troy ounce equals 31.1 grams. So you can now determine not only the purity but the weight of pure gold you have in troy ounces.
What do the amount of karats really mean when you sell?
When selling gold for cash it is helpful to have a basic understanding these three things. All gold jewelry is marked with the karat, or purity stamp. 24 karat gold is pure and is too soft for jewelry so other metals are mixed with the gold to make an alloy. 10 karat gold is durable but only has 10 parts out of 24 content, the same math applies to 14, 18 and 22 karat. Divide the karat by 24 and you will have the percentage of pure gold in your item.
What is the current market value of pure gold?
The final factor to consider when selling gold for cash is the current market value. Precious metal values change throughout the day so watch trends closely and sell on the day following a high price as buyers usually base their offers on the closing price of gold from the previous day.
Here are some final considerations as you gather your items to sell. Some pieces of jewelry such as signed designer pieces may have value above and beyond the gold value alone. On the other hand, unmarked dental gold and broken jewelry can easily be sold for the value of the gold they contain.
Now that you understand the basics of selling gold for cash, take a look in your drawers and convert your gold to much needed money.
Want to know the best place to sell gold for 3x’s More Cash? Don’t become a victim of the cash for gold scam. My friend, if you are seriously interested in selling gold, I urge you to visit this website before you do anything else. To read a full Consumer Report and watch a Special News Video visit www.CashForGoldScam.net today.
Article Source: http://EzineArticles.com/?expert=Tyson_Parker
http://EzineArticles.com/?Selling-Gold-For-Cash—The-3-Most-Important-Questions-When-Selling-Gold-For-Cash&id=4236114
I have some old gold jewelry I want to sell, but have no idea how to do this. What companies are reputable? is there a list? What percent of the original purchase price should I expect when selling the jewelry? I’m in the Seattle area, if you have a specific recommendation.
