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 figure out how much your gold is worth and how to sell it to a established buyer.
When trading gold you need to understand how much gold is in the piece. The way this is evaluated is by something called carats. The caratage of gold can range from twenty-four karats, or pure gold, down to 1 carat which may only be four percent gold or less. The reasons that the quantity of gold in an item can vary so much is that it is oftentimes mixed with other metals for instance, silver, nickel, zinc, and so on and so forth. They do this because it can help the item last for years longer and be harder. Gold in its natural state is a very soft metal which can be formed and eroded away exceedingly quick - especially if it is employed a good deal. Nearly all gold should have the carats stamped on the piece somewhere.
The next thing you have to understand is how much your gold weighs. This is referred to as gram weight. The gram weight will help you to find out how much your gold is valued at by finding out the current price of gold (you can find this on almost every major fiscal related site, multiplying that by the gram weight and then by a chart based on what karats the gold is.
Another very important part of the selling process is the design and workmanship of the gold jewellery. Almost without question, an antique well designed piece of jewellery will be worth more than any kind of jewellery constructed by a simple machine. Handmade pieces are particularly more valuable as the craftsmanship is much better. Quality handmade pieces almost always last longer than any machine made piece of jewellery. The result is that antique and well crafted pieces of gold jewelry are worth the most.
The closing component and in all likelihood one of the most important is the price of the piece. Merely understanding the things 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. Just make sure before you even go out and begin looking that you have a clear picture in your mind of what exactly you want. Envision the karats, weight, design and craftsmanship that you desire beforehand. That way when you go out will all ready know your budget and what exactly you are looking for.
So if you observe all of these tips, you should be able to sell gold jewelry rather easily. But of course you invariably need to do your own research into every jeweler and jewellery store. You might even look at pawnbroker's shops. That is really the only way that you can buy and sell gold jewelry safely. - 23218
When trading gold you need to understand how much gold is in the piece. The way this is evaluated is by something called carats. The caratage of gold can range from twenty-four karats, or pure gold, down to 1 carat which may only be four percent gold or less. The reasons that the quantity of gold in an item can vary so much is that it is oftentimes mixed with other metals for instance, silver, nickel, zinc, and so on and so forth. They do this because it can help the item last for years longer and be harder. Gold in its natural state is a very soft metal which can be formed and eroded away exceedingly quick - especially if it is employed a good deal. Nearly all gold should have the carats stamped on the piece somewhere.
The next thing you have to understand is how much your gold weighs. This is referred to as gram weight. The gram weight will help you to find out how much your gold is valued at by finding out the current price of gold (you can find this on almost every major fiscal related site, multiplying that by the gram weight and then by a chart based on what karats the gold is.
Another very important part of the selling process is the design and workmanship of the gold jewellery. Almost without question, an antique well designed piece of jewellery will be worth more than any kind of jewellery constructed by a simple machine. Handmade pieces are particularly more valuable as the craftsmanship is much better. Quality handmade pieces almost always last longer than any machine made piece of jewellery. The result is that antique and well crafted pieces of gold jewelry are worth the most.
The closing component and in all likelihood one of the most important is the price of the piece. Merely understanding the things 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. Just make sure before you even go out and begin looking that you have a clear picture in your mind of what exactly you want. Envision the karats, weight, design and craftsmanship that you desire beforehand. That way when you go out will all ready know your budget and what exactly you are looking for.
So if you observe all of these tips, you should be able to sell gold jewelry rather easily. But of course you invariably need to do your own research into every jeweler and jewellery store. You might even look at pawnbroker's shops. That is really the only way that you can buy and sell gold jewelry safely. - 23218
About the Author:
Zack writes about gold and gold related news on his site that teaches people how to sell gold jewelry and sell gold coins. If you would like to learn more about the topic please visit his site.
posted by X - Men @ 1:41 AM
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