| Want to sell gold jewelry? This is the best time! The | | | | * Gold with 18 karats is regarded as 75 percent pure |
| first quarter of 2008 had seen gold enjoying an all-time | | | | one. |
| high of $900-1000 per ounce. In May 2010, it had | | | | * Gold with 14 karats is regarded as 58.3 percent one. |
| crossed the $1200 per ounce mark! No wonder people | | | | * Gold with 10 karats is regarded as 41.7 percent one. |
| are putting their gold for sell. Who knows when the | | | | A 10-karat gold piece comes with a karat stamp. |
| price may nosedive next? This is gold and nobody has | | | | Before you choose to sell it's jewelry, you must know |
| a crystal ball to predict its mood. | | | | the above stated facts. |
| Every smart investor may think of obtaining profits in | | | | For example, you are divorced and now wish to sell |
| the scenario of rising it's prices. What a better way | | | | your wedding band. You must log on to a reputable |
| than to sell your gold pieces that you no longer use! | | | | website dealing with "sell my gold" services and ask |
| That old-fashioned ring or the distorted gold cuff links | | | | them to appraise it first. Then, they would provide you |
| may fetch you good cash in these "golden" times. | | | | a quote according to the spot price of your piece. |
| How To Sell Gold | | | | They will further discount the price for refining the |
| Do not sell it's jewelry for scrap value. You may lose a | | | | piece, which amounts to 10-20 percent of the price. |
| great deal of the retail value, probably more than 75 | | | | You must manage to get the best deal to sell it for |
| percent, on these pieces. The scrap price takes into | | | | cash. |
| account only the value of the metal and not the | | | | It would be good for to remember the following: be a |
| artistry of the piece. Certain jewelry pieces like age-old | | | | smart seller. Know the market value of it and how to |
| rings without gemstones or an earring without its pair | | | | sell it's jewelery in the smartest manner before you |
| provide negligible resale value. These could make good | | | | begin to look for a reputable dealer; the dealer must |
| gold scrap. | | | | know that you are an informed customer, familiar with |
| Prior to putting your gold for sell, you must appraise it. | | | | the market price and knowledge about where to sell it |
| Most companies dealing with it's coins sell and other | | | | and how; choose only a reputable dealer; negotiate |
| "buy and sell" gold services have the necessary | | | | with your dealer for the best price. Do not jump at the |
| equipment to appraise your gold before providing you | | | | price they offer in the first go. |
| cash for it. | | | | Just as everything that glitters is not gold; every price |
| Gold price is based on a troy ounce of pure gold, | | | | that the dealer may quote may not be suitable for |
| which is 24-karat gold. One troy ounce consists of 31.1 | | | | your gold. Be gold-savvy and sell it's jewelry in a |
| grams of this yellow metal. If the gold is less than 24 | | | | manner that you get profit for something that you do |
| karats, it is discounted accordingly. | | | | not use. After all, it's gold you're selling, not a junk piece. |