Cash For Gold Jewellery

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 experienced sellers. In the following article I will explain how you can calculate how much your gold is worth and how to sell it to a legitimate buyer.

One of the first things you should 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 carats can range from twenty four 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 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 thicker piece will be worth much more than a thin piece even though they have the same caratage.

The craftmanship and design of your gold jewellery is another thing to consider when dealing with 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.

The final component and probably one of the most noteworthy is the monetary value of the item. Just understanding the things mentioned above will help you work out a good price with the jeweler. You can find many discounts around you just have to be willing to look. Simply make sure before you even go out and begin looking that you have a clear picture in your mind of what exactly you want. Visualize the karats, weight, design and craftsmanship that you desire beforehand. That way when you go out will already know your budget and what precisely you are looking for.

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 top dollar for your gold.