Gold Refining Machine Importers

Selling Gold Jewelry For First Timers

It is easy to get overwhelmed as a first time seller of gold. There are tons of  buyers all vying to get you to sell to them. This can make it quite difficult to make any decision even for experienced sellers. In the coming article I will explain how you can figure out how much your gold is worth and how to sell it to a legitimate buyer.

The first thing you have to understand in order to sell gold is how much gold is in your piece. You can find this out by use of carats. These karats can range from twenty-four (pure gold) all the way down to one (less than four percent). The reason it can be so low is that hardening agents like nickle, zinc, or some other metal are added during the smelting procedure to harden it up. Otherwise gold is a extremely soft metal that is eroded down quickly. You should be able to find out what caratage your gold is by a stamp somewhere on the piece.

Another important thing you have to know is how much your gold weighs or gram weight as it is recognized. The more gram 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 narrow piece even though they have the same karatage.

The craftmanship and design of your gold jewellery is another matter to consider when selling gold. It can have a huge impact on the price you get if you decide to sell to a jeweler or pawnshop instead of a gold refiner. There is almost no question that antiquated handmade jewellery is of higher quality than machine made, so you can generally get more cash for that type.

If you don’t have any gold jewellery that is handmade or well crafted your alternative 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.

Just follow the advice numbered above and you will be well on your way to selling your gold jewelry safely. All you have to do is do your own research into all the diverse options you have like gold refiners or jewelers and then figure out your gold’s value. If you do all that you can get the most cash for your gold.

About the Author

Hal runs a website where he shows people how to sell gold with free easy-to-follow advice. If you want to learn how to sell scrap gold and many other useful tips relating to selling gold, visit his site.