In 2001, one ounce of gold cost only $260; today that same ounce can fetch over $1,800! Selling your gold can be an excellent way of earning extra income and selling it can provide great opportunities.
Before selling gold, it’s essential that you become acquainted with some secrets, which will enable you to get the best offer.
- How to Recognize Gold Karats
The Federal Trade Commission mandates that jewelry sold within the US be marked with its fineness level or fineness index number, so you’ll want to do your due diligence when selling gold within its borders. One karat is equal to 1/24th of pure weight gold; thus 5/24 gold would equal five karats. - Know Your Gold Price Before selling for cash, always first confirm its current market price. After this has been done, find a reputable buyer to evaluate it; avoid those that try undercutting the current value.
- Understand What You Are Selling
Some gold items and jewelry may have more value than their weight of gold suggests, particularly if crafted by an established designer or maker – even more so when sold to specific buyers who may place high regard upon it as part of a set. - Understanding Jeweler Scales
Jewelers use an exclusive measurement system called troy-ounce to assess gold sales; when selling gold to them they use this scale in determining its worth based on 31.1 grams as opposed to 28 grams which would otherwise make for easier calculations of worth. - Research Your Gold Buyer
There are numerous places offering to buy gold for cash; before selling any, make sure the buyer you select is reliable and honest – check online reviews about potential gold buyers for guidance.
Where can I locate gold buyers?
Pawnbrokers Jewellers
Gold Buyers
Selling gold to pawnbrokers is probably the fastest and easiest way of receiving cash quickly for it
- Check Multiple Stores
It is in your best interests to make contact with other gold buyers prior to selling your precious metals; that way you will maximize the return for your investments. - Negotiate to Get What You Deserve
Negotiating is always in your favor when selling gold; setting fair prices can get better offers in return. - Know When to Sell
In times of weak economies, gold prices tend to go up; now may be an opportune time to cash out your gold investments and sell.
Make money off of your gold with these insider secrets now, and sell it off for cash now!
Reach out now if you are seeking to sell gold in Auckland for cash! Cash for Gold Buyers strives to give fair and honest value for all gold sold to them.