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The two things you need to do to maximize your returns are to monitor the gold market and to shop around as much as possible.
Where can i sell my gold jewelry. That makes this an unlikely route for you to sell just a few small pieces of gold. They pay 75 to 80 for gold jewelry and 90 for gold coins. For most items that aren t designer gold pieces your gold jewelry will be determined by the weight of the gold. If you re selling gold coins a reasonable settlement would be 90 of the market value.
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. Ways to sell your gold. A gold buyer may buy your broken or old jewelry gold teeth or scrap gold and sell it to a smelter who melts down the gold extracting out the pure gold metal from the impurities and alloys so it can be reused for other purposes. It can also help you avoid selling jewelry or other gold with sentimental value.
The problem is that refiners usually only buy in bulk. You can walk in and get your items tested for free to determine the karat metal purity and the gram weight. You can visit your local jewelry buyer and walk out with payment. Weight of your items.
Selling your jewelry to a local buyer is likely your quickest option. Bring your gold and silver items to a precious metals buyer or coin shop. The advantage of selling locally is that you get your money much sooner sometimes at the same time you receive the offer. Refiners you ll typically get close to full market value from refining companies.
If you don t like one local offer you can easily compare rates with another local store or try selling your jewelry online. Karat of your jewelry. By monitoring the market you can better gauge when gold is selling high to increase your chances of getting the best possible price by shopping around and speaking knowledgeably about your gold and current prices it s less likely that someone will try to take. 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.
Local jewelry stores will often buy used jewelry. If you are near the los angeles area national gold market is located in pasadena california.
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