Tips On How To Sell Gold; Selling Your Old, Scrap Jewelry
February 18, 2009 | Gold Digger | Gold Selling Advice and Info 17 Comments
Tips for selling Scrap Jewelry
Everyone knows the old saying, ‘Old is Gold’. This is definitely true when it comes to old gold jewelry that is scrappy, out of style, and probably not of any use. Most often you are able to sell gold jewelry for cash profitable to you. (In fact, check out Cash4Gold – they’re offering a pretty high payout rate right now.) There’s a reason so much jewelry is made from the most precious metal, gold. Because it’s worth a lot – almost $1000 an ounce right now (check price of gold).
How to sell your old Gold
It is one of the most common questions asked, when it comes to old gold that has been sitting in your drawer and simply has gone out of fashion years ago. If you have a ring, chain or any gold jewelry that might be there in the drawer for years then you might want to first look at polishing it to make it look better if it’s gone dull. As long as it is gold, you can be sure the value won’t fade.
Some gold jewelry is worth more than others. Its true the value of any gold piece is based on its weight, but it’s also based on the purity, or karat of the gold. 24k is 100% pure gold, and any number less than that is a percentage of gold. So a 14k piece of jewelry is about 58% gold.
There are many companies including online gold buyers who are waiting to buy your jewelry item after giving you a jewelry appraisal on it. You can also get your jewelry appraisal on many auction sites and they will immediately give you the right price value on your gold.
Tags: chain, gold, gold appraisal, gold price, jewelry, jewelry appraisal, ring, scrap
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17 Responses to “Tips On How To Sell Gold; Selling Your Old, Scrap Jewelry”
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Be aware of those scams that are booming around. There are lots of scammed scrap gold buyers all around so be keen to choose your buyer.
The local TV station did a test to see who would pay more – Pawn Shops VS. the TV advetised. The Pawn shops paid more.
There seem to be such a great variety of gold buyers. Thanks for the tips. Great website.
.-= simon @ jewelry auctions´s last blog ..Saltwater vs. Freshwater – A Pearl Showdown =-.
I think selling off your scrap gold is no problem permitting it holds NO sentimental value
.-= Rose @ Scrap car Bromley´s last blog ..Scrap Car Bromley =-.
There are some interesting points on this post, scrap gold at the moment is booming and Jane I couldnt agree more with you but it is their decision at the end of the day
Just a question though, I don’t think that you find 100% 24-Karat gold ever or is that so? I’ve heard 24Karat pure gold is very very soft so they’ve to add some copper or any other material to it to make it solid.
Gold – this non-cash asset has helped so many people in this economic times due to all economy and currency value is going down so the effect visible is quite large.
This post is very informative! Thank you so much for posting! Had a real pleasure reading it.
Whatever may be the quality of your old scrap gold jewelry is, you never get a good return while re-selling it. Anyway, be aware of the scammers.
Good post.There are lots of scammed scrap gold buyers all around so be keen to choose your buyer.
Interestingly this article was a really good find for me. My dad has a jewelery business and he wants me to take over things. bu I had no clue on stuff. But his article was a starting point in my learning
Thanks.
As the prices of gold are near all time highs it’s vital to finally take advantage.
There are so many of these Cash for Gold places popping up right now, the ads are all over the TV. But I have been told they don’t offer you naywhere near what your gold is worth, even as scrap.
The scrap gold market is booming right now.
For any savvy eBayers, there are plenty of opportunities out there. Look out for poorly listed eBay listings, perhaps with spelling errors. If the seller has listed a Glod Ring instead of a Gold Ring, their unlikely to get many bidders. This really happens much more than you might think!
Also, check out car boot and garage sales. It’s surprising where old gold can be found.
Good advice on the appraisal, pretty sure nobody will want to buy your gold without that. Definitely check out other places in addition to ebay though, you might find a better deal.
Tips on selling gold made easy. Excellent blog
There are lots of scammed scrap gold buyers all around so be keen to choose your buyer.
It is very important to find good gold buyers