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Monday, September 14, 2009

Selling Gold Jewelry And Getting A Good Price

By Zachary Callahan

When you're looking to sell gold for the first time you would be surprised at how difficult it can be. There are 100's if not thousands of gold purchasers out there and it can be challenging even for experienced sellers. But what you really must know are a few key important factors that will make it much less of a chore. In the following article I will explain how you can work out how much your gold is worth and how to sell it to a established buyer.

When selling gold you need to understand how much gold is in the piece. The way this is evaluated is by something called carats. The karatage of gold can range from twenty-four karats, or pure gold, down to one karat which may only be 4% gold or less. The reasons that the quantity of gold in an piece can vary so much is that it is often 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 tougher. Gold in its natural state is a very soft metal which can be formed and eroded away exceedingly fast - especially if it is utilized a lot. Well-nigh all gold should have the carats stamped on the piece somewhere.

Another important thing you have to know is how much your gold weighs or gram weight as it is called. The more 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 slim piece even though they have the same karat-age.

The craftsmanship and design of your gold jewelry is another thing to consider when selling gold. It can have a big impact on the price you get if you decide to sell to a jeweler or pawnshop instead of a gold refiner. There is no question that old-fashioned handmade jewelry is of higher quality than machine made, so you can generally get more cash for that type.

The price of your jewelry is one of the closing factors. As mentioned above, handmade jewelry fetches a better price generally but if it is not valuable as determined by its craftsmanship than its gold content comes into play. If that is the case with your jewellery than you should sell to a gold refiner who will pay you based on how much gold is in your piece which you figured out before.

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.|get top dollar for your gold. - 23226

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