Getting A Good Price For Your Gold Jewelry
It is easy to get overwhelmed as a first time seller of gold. There are tons of different buyers all competing to get you to sell to them. This can make it quite difficult to make any decision even for seasoned sellers. In the coming article I will explain how you can work out how much your gold is valued at and how to sell it to a established buyer.
One of the first things you must know if you want to sell gold is how to figure out how much your gold is worth. To do this you need to know how much gold is in your piece of jewellery. You can find this out generally with a stamp or imprint somewhere on the item. For Instance in rings it is usually found on the interior of the band. The amount of karats can range from 24 down to one.
Another important thing you have to know is how much your gold weighs or gram weight as it is called. The more weight your piece has, the more it is worth. You do have to take into consideration though the karats of the piece. What this means is that a heavier piece will be worth much more than a slim piece even though they have the same karat-age.
Another very noteworthy part of the selling process is the design and craftsmanship of the gold jewelry. Almost without question, an antique well designed piece of jewelry will be worth more than any kind of jewellery manufactured by a machine. Handmade pieces are particularly more valuable as the workmanship is much better. Quality handmade pieces almost always last longer than any machine made piece of jewellery. The result is that old-fashioned and well crafted pieces of gold jewelry are worth the most.
If you don't have any gold jewelry that is hand-crafted or well-crafted your other choice is to sell to a gold refiner instead of a jeweler or pawnshop. They will buy your gold scrap based on the gold content of the item. You should have a good estimation of what that will be by adopting the formula above.
So if you follow all of these points, you should be able to sell gold jewellery quite well. But naturally you invariably need to do your own research into every jeweller and jewellery store. You might even consider pawnbroker's shops. That is really the only way that you can buy and sell gold jewellery safely. - 23159
One of the first things you must know if you want to sell gold is how to figure out how much your gold is worth. To do this you need to know how much gold is in your piece of jewellery. You can find this out generally with a stamp or imprint somewhere on the item. For Instance in rings it is usually found on the interior of the band. The amount of karats can range from 24 down to one.
Another important thing you have to know is how much your gold weighs or gram weight as it is called. The more weight your piece has, the more it is worth. You do have to take into consideration though the karats of the piece. What this means is that a heavier piece will be worth much more than a slim piece even though they have the same karat-age.
Another very noteworthy part of the selling process is the design and craftsmanship of the gold jewelry. Almost without question, an antique well designed piece of jewelry will be worth more than any kind of jewellery manufactured by a machine. Handmade pieces are particularly more valuable as the workmanship is much better. Quality handmade pieces almost always last longer than any machine made piece of jewellery. The result is that old-fashioned and well crafted pieces of gold jewelry are worth the most.
If you don't have any gold jewelry that is hand-crafted or well-crafted your other choice is to sell to a gold refiner instead of a jeweler or pawnshop. They will buy your gold scrap based on the gold content of the item. You should have a good estimation of what that will be by adopting the formula above.
So if you follow all of these points, you should be able to sell gold jewellery quite well. But naturally you invariably need to do your own research into every jeweller and jewellery store. You might even consider pawnbroker's shops. That is really the only way that you can buy and sell gold jewellery safely. - 23159
About the Author:
Zack writes about gold and gold related news on his site that teaches people the art of selling gold jewelry and selling gold coins. If you would like to learn more about the topic please visit his site.
posted by X - Men @ 3:27 AM
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