If you wish to sell your gold you want to make sure that you get the most value that you can from the sale.
Is now a good time to sell your gold jewelry.
In these tough financial times the price of gold is hitting all time highs.
Local jewelers or pawn shops the second best pay day can typically be had from these kinds.
At a marketplace like worthy you can sell your diamond at any time throughout the year and the value will not be affected.
Many of them will test your jewelry s gold or silver content right there and offer you a price based on the amount of precious metal.
How to sell gold.
10karat gold has 41 7 gold content 14 karat has 58 5 gold content 18 karat has 75 gold content and 24 karat is pure gold.
Before doing anything else take the time to estimate the value of your gold.
Its very rare for any asset to keeping rising continuously for this length of time.
That makes this an unlikely route for you to sell just a few small pieces of gold.
If you re considering selling some jewelry you at have have sitting around it s important to note it s very rare to have pure gold.
That money can be used to pay down debt take a vacation go towards a downpayment of a house or other useful purposes.
This is not the case when re selling diamonds to diamond buyers however diamond buyers are looking to add to their stock every day throughout the year.
Refiners you ll typically get close to full market value from refining companies.
The primary factors driving the rise in the gold price over the last decade are still in place.
The advantage of selling locally is that you get your money much sooner sometimes at the same time you receive the offer.
For those wondering whether now is a good time to sell gold jewelry or cash out your gold bars these ads might have you thinking that the answer is yes.
Don t sell your gold.
Bring your gold and silver items to a precious metals buyer or coin shop.
Some of the most common jewelry is made of 10 and 14.
The problem is that refiners usually only buy in bulk.
Ways to sell your gold.
The gold price should continue rising.
After all demand is clearly high for this precious metal.
Gold has been rising 11 years in a row.
It is at these economic crossroads that people often sell their little used valuable jewelry to help pay the bills.
If you have gold jewelry coins dental scrap or other gold items that you do not use or do not enjoy then you should absolutely sell your gold now.
Weight of your items.
For most items that aren t designer gold pieces your gold jewelry will be determined by the weight of the gold.
And if you buy gold at the right time and then sell it after an increase in price you can reap a tidy profit.
Estimate your gold s value.