Selling gold can oftentimes be a difficult chore if you don't sell gold or gold jewelry very often. You must recognize that the simplest way to sell gold and get exactly what you need, at a good price, is to understand the essential factors of selling gold jewelry. There are numerous diverse factors when it comes to finding the best price but there are only a few essential concepts that you must understand first.
The first thing you have to understand in order to sell gold is how much gold is in your piece. You can find this out by use of carats. These carats can range from twenty-four (pure gold) all the way down to 1 (less than 4%). The reason it can be so low is that hardening agents like nickle, zinc, or some other alloy are added during the smelting procedure to harden it up. Otherwise gold is a extremely soft metal that is eroded down quickly. You should be able to find out what carat-age your gold is by a impression someplace on the piece.
The next thing you have to know 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 just about every major fiscal related site, multiplying that by the gram weight and then by a chart based on what carats the gold is.
A very important part of the selling process is the design and craftsmanship of the gold jewelry. There is no question that 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 hand-crafted 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 price of your jewellery is one of the closing factors. As cited above, well-crafted jewellery 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 adopt 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 different 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.
The first thing you have to understand in order to sell gold is how much gold is in your piece. You can find this out by use of carats. These carats can range from twenty-four (pure gold) all the way down to 1 (less than 4%). The reason it can be so low is that hardening agents like nickle, zinc, or some other alloy are added during the smelting procedure to harden it up. Otherwise gold is a extremely soft metal that is eroded down quickly. You should be able to find out what carat-age your gold is by a impression someplace on the piece.
The next thing you have to know 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 just about every major fiscal related site, multiplying that by the gram weight and then by a chart based on what carats the gold is.
A very important part of the selling process is the design and craftsmanship of the gold jewelry. There is no question that 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 hand-crafted 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 price of your jewellery is one of the closing factors. As cited above, well-crafted jewellery 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 adopt 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 different 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.
About the Author:
Zack writes about gold and gold related news on his site that teaches people how to sell gold jewelry and how to sell gold coins. If you would like to learn more about the topic please visit his site.
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